Lexington Partners Establishes $10.1 Billion LCP VIII Investment Fund

Simpson Thacher represented Lexington Partners L.P. (“Lexington Partners”) in the establishment of its eighth fund dedicated to acquiring interests in global private investment funds through negotiated secondary market purchases, Lexington Capital Partners VIII, L.P. (“LCP VIII”). Lexington Partners has announced that the LCP VIII investment program raised $10.1 billion of total commitments.

The Simpson Thacher team representing Lexington Partners included Michael Wolitzer, Barrie Covit, Steven Klar, Linda Tieh, Fan Wei, Daniel Hulme and Kyndra Adair (Private Funds); Jeanne Annarumma (Executive Compensation and Employee Benefits); Jonathan Goldstein, Taylor Alexander and David Holmberg (Tax); Jennie Getsin (Blue Sky); and Mark Chorazak (Financial Institutions Regulatory).

Source:  www.stblaw.com