Lexington Partners L.P.
- Regulatory AUM
- $79.3B
- Discretionary
- $79.3B
- Clients
- 157
- Avg AUM / client
- $505M
- Accounts
- 157
- Employees
- 171
AUM over time
Annual snapshots from Form ADV filings · as of Jun 16, 2026
Who they serve
| Client type | Clients | AUM | % of AUM |
|---|---|---|---|
| Pooled investment vehicles (non-investment companies) | 157 | $79.3B | 100.0% |
Private funds (95)
View all →Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $72.5B combined gross assets
| Fund | Type | Domicile | Gross assets | Owners |
|---|---|---|---|---|
| Lexington Capital Partners X, L.P. master | Private Equity Fund | Delaware | $18.7B | 429 |
| Lexington Capital Partners Ix, L.P. master | Private Equity Fund | Delaware | $12.4B | 464 |
| Lexington Capital Partners Viii, L.P. master | Private Equity Fund | Delaware | $6.8B | 384 |
| Lcp X (Luxembourg) Master Scsp master | Private Equity Fund | Luxembourg | $3.7B | 117 |
| Lexington Middle Market Investors Iv, L.P. master | Private Equity Fund | Delaware | $2.4B | 183 |
| Lcp Ix (Luxembourg) Master Scsp master | Private Equity Fund | Luxembourg | $2.3B | 57 |
| Lexington Co Investment Partners V, L.P. master | Private Equity Fund | Delaware | $2.1B | 15 |
| Lexington Capital Partners Vii, L.P. master | Private Equity Fund | Delaware | $1.4B | 309 |
| Lexington Co Investment Partners Iv, L.P. master | Private Equity Fund | Delaware | $1.3B | 11 |
| Lexington Co Investment Partners Vi, L.P. master | Private Equity Fund | Delaware | $1.2B | 15 |
| Lexington Global Partners Vi, L.P. master | Private Equity Fund | Cayman Islands | $1.2B | 2 |
| Lexington Co Investment Partners V F, L.P. | Private Equity Fund | Delaware | $849M | 3 |
| Lexington Co Investment Partners V A, L.P. | Private Equity Fund | Delaware | $703M | 3 |
| Lexington Capital Partners (Ontario), L.P. master | Private Equity Fund | Canada | $700M | 4 |
| Lexington Global Partners Viii, L.P. master | Private Equity Fund | Cayman Islands | $696M | 2 |
Retirement plan clients
Plans that reported this firm as an investment service provider on Form 5500 Schedule C.
| Plan | Location | Plan year |
|---|---|---|
| Sheet Metal Workers' Local 10 Pension Fund Trustees Of Sheet Metal Workers' Local 10 Pension Fund | 2024 | |
| New York Hotel Trades Council And Hotel Association Of New York City, Inc. Pension Fund Board Of Trustees | 2024 |
People (4)
| Name | Role / title | Credentials | With firm since | Ownership |
|---|---|---|---|---|
| Giannetti, Thomas, Nmn | Chief Financial Officer | Mar 2008 (18y) | Less than 5% | |
| Warren, Wilson, Seth | President | Jun 2018 (8y) | Less than 5% | |
| Richards, Elizabeth, Lee | Chief Compliance Officer | Mar 2022 (4y) | Less than 5% | |
| Kahn, Jason, Paul | General Counsel | Jan 2024 (3y) | Less than 5% |
Entity owners (Schedule A/B)
| Entity | Title / status | Since | Sch. | Ownership |
|---|---|---|---|---|
| Franklin Resources, Inc. | Partner | Apr 2022 | A | 75% or more |
| Lexington Partners Advisors Gp L.L.C. | General Partner | Mar 2008 | A | Less than 5% |
| Franklin Resources, Inc. | Member | Apr 2022 | B | ≈ 0% – 5% via Lexington Partners Advisors Gp L.L.C. |
Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.
Estimated effective ownership (look-through of filed bands):
- Franklin Resources, Inc.: 75% – 100% of Lexington Partners Advisors Gp L.L.C. × 0% – 5% direct ≈ 0% – 5% of the firm
Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.
Private funds (95, $72.5B gross assets)
Top 25 of 95 funds by gross assets · all funds
From Form ADV Section 7.B private fund reporting.
Retirement plans served (2)
| Plan | Sponsor | Participants | Plan assets | As of |
|---|---|---|---|---|
| Sheet Metal Workers' Local 10 Pension Fund | Trustees Of Sheet Metal Workers' Local 10 Pension Fund | 2,561 | $406M | 01/01/2024 |
| New York Hotel Trades Council And Hotel Association Of New York City, Inc. Pension Fund | Board Of Trustees | 27,574 | $2.6B | 01/01/2024 |
From Form 5500 service-provider disclosures.
Documents (1 archived)
| Form | Period | Size | |
|---|---|---|---|
| Form ADV (full filing) | 06/16/2026 | 26.1 MB | View · PDF · Source ↗ |
Archived copies of the firm's regulatory filings, versioned by content hash.
Disciplinary disclosures
No disciplinary events reported on the firm's latest Form ADV filing.
How they charge
- • Percentage of assets under management
- • Performance-based fees
Services
- • Portfolio management for pooled investment vehicles
- • Selection of other advisers
Custody
Firm reports having custody of client funds or securities (Item 9.A).
No custodian data reported or mined yet.
Source
All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jun 16, 2026.
View current Form ADV (SEC/IAPD) ↗