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Lexington Partners Names Three New Partners

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NEW YORK, Jan. 14, 2026 /PRNewswire/ -- Lexington Partners L.P. ("Lexington"), a leading global mana...

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AI Summary

Lexington Partners promotes three team members to Partner effective January 2026. New Partners bring strong experience and leadership to Lexington's secondary team. Lexington manages over $82 billion in private equity assets. Franklin Resources, Inc. is associated with Lexington as its investment manager. Lexington emphasizes internal talent development within its expansive Partner group.

Sentiment Rationale

Lexington's growth and internal promotions may enhance dividend performance for BEN investors.

Trading Thesis

Strengthened leadership in Lexington could lead to sustained growth and profitability over time.

Market-Moving

  • Lexington Partners promotes three team members to Partner effective January 2026.
  • New Partners bring strong experience and leadership to Lexington's secondary team.
  • Lexington manages over $82 billion in private equity assets.

Key Facts

  • Lexington Partners promotes three team members to Partner effective January 2026.
  • New Partners bring strong experience and leadership to Lexington's secondary team.
  • Lexington manages over $82 billion in private equity assets.
  • Franklin Resources, Inc. is associated with Lexington as its investment manager.
  • Lexington emphasizes internal talent development within its expansive Partner group.

Companies Mentioned

  • BEN (BEN)

Corporate Developments

Positive changes at Lexington can lead to improved performance and stability for BEN.

Lexington Partners Announces Three New Promotions to Partner Status

Lexington Partners L.P. ("Lexington"), a prominent global manager in the secondary private equity and co-investment funds sector, has announced the promotion of three investment professionals to Partner status, effective January 1, 2026. This strategic move underscores the firm's commitment to internal talent development and highlights its growth trajectory within the competitive landscape of private equity.

Meet the Newly Appointed Partners

The three new Partners are integral members of the Secondary team, focusing primarily on the origination, evaluation, and execution of secondary opportunities, which include both partnership and GP-led transactions. The newly promoted Partners are:

  • Peter Grape - Based in Boston and a member of the firm since 2013.
  • Simon Oak - Based in New York, rejoined Lexington after completing business school in 2010.
  • Michael (Mike) Skelly - Also based in New York, he has been with Lexington since 2010.

Significance of the Promotions

Wil Warren, Partner and President of Lexington, remarked on the promotions, stating, “These promotions recognize Peter, Simon, and Mike's long-standing contributions to Lexington and their leadership across our global platform. Each has demonstrated strong judgment, collaboration, and dedication. We congratulate them on their achievements and look forward to their continued success.”

With these promotions, Lexington Partners expands its Partner group to a total of 28 members, reinforcing the firm’s strategy of fostering talent from within. Notably, the average tenure of the firm’s Partners stands at around 20 years of private equity experience, contributing to a well-rounded leadership team.

About Lexington Partners

Lexington Partners has established itself as one of the largest and most successful managers of secondary private equity and co-investment funds, boasting over $82 billion in total capitalization. The firm has been a pioneer in the development of the institutional secondary market for more than 35 years and was among the first to launch an independent discretionary co-investment program 28 years ago.

The firm specializes in providing strategic, customized liquidity solutions to global investors and private equity sponsors, supported by its dedicated secondary and co-investment platforms. Lexington’s professionals are strategically located in major investment hubs across North America, Europe, the Middle East, Asia, and Latin America. It operates as the investment manager for Franklin Resources, Inc. [NYSE: BEN] under the Franklin Templeton brand.

Contact Information

For media inquiries, please contact Todd Fogarty at Kekst CNC via email at [email protected].

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