Firm profile

Lexington Partners L.P.

NEW YORK, NYCRD 147281Registration Status: ApprovedEffective since May 4, 2010SEC # 801-71411Latest ADV June 16, 2026

Lexington Partners L.P. is an SEC registered investment adviser organized as a limited partnership with a primary office location in New York, NY. Its latest Form ADV filing, dated June 16, 2026, reports $79.3B in regulatory assets under management, 171 employees, 9 offices, and 157 accounts.

Assets Under Management
$79.3B
Employees
171
Offices
9 offices
Total Clients
157

Associated firm names

6 names listed
  • LEXINGTON ADVISORS L.P.
  • LEXINGTON PARTNERS UK LLPRelying adviser
  • LEXINGTON PARTNERS L.P.
  • LEXINGTON PARTNERS CHILE SPARelying adviser

Leadership

2 roles identified
CCOElizabeth L. Richards
CFOThomas N. Giannetti

Advisory services offered

2 types reported
Portfolio management for pooled investment vehicles
Selection of other advisers

Fee models offered

2 types reported
Asset based fees
Performance-based fees

Offices & Contact

Primary office

NEW YORK, New York, United States

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Primary office regionOther reported regions

Shading shows states and countries with reported offices. Cities are listed below; shading does not indicate service coverage.

New York

NEW YORKPrimary office

California

MENLO PARK

Chile

LAS CONDES, SANTIAGO

Florida

MIAMI

Hong Kong

CENTRAL, HONG KONG

Luxembourg

LUXEMBOURG

Massachusetts

BOSTON

United Arab Emirates

ABU DHABI

United Kingdom

LONDON

9 office records listed · 9 total offices reported. Counts can use different reporting dates. SEC filers may list only their largest 25 additional offices.

Contact and digital presence

ADV profile links

Regulatory Assets Under Management Breakdown

Total regulatory assets under management$79.3Bas of June 16, 2026
Discretionary100.0%
$79.3B
100% of total RAUM100.0%
Non-discretionary0.0%
$0
0% of total RAUM0.0%
All regulatory assets under management are discretionary.

Client Coverage Demographics

Top client segmentPooled Investment Vehicles represent 100.0% of total clients.
Top client categories% of clientsClients
1
Pooled Investment Vehicles
100.0%
157

Assets under management Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total AUM$79.3B
Total Accounts157
10Y AUM Change+$51.8B (+188.6%)

Private Funds

Private funds reported by Lexington Partners L.P.

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Employee Growth by Quarter

Quarterly points use the latest ADV filing or SEC roster snapshot available in each quarter.

Total Employees171
Clients per Employee1:1
10Y Employee Change+92 (+116.5%)

Historical AUM and employee figures reflect available SEC Form ADV filings under this CRD. Filing gaps may reflect registration status changes, dormant periods, state registration periods, firm restructuring, or other reporting changes. Rialytix does not interpolate missing periods.


Ownership

Reported direct and indirect ownership ranges

Each range applies to a separate reported relationship and should not be added together.

Reported ownership ranges

Highlighted bands show the percentage range reported in Form ADV.

0%25%50%75%100%
FRANKLIN RESOURCES, INC.Direct owner · Schedule AInterest in LEXINGTON PARTNERS L.P.
75%+
LEXINGTON PARTNERS ADVISORS GP L.L.C.Direct owner · Schedule AInterest in LEXINGTON PARTNERS L.P.
< 5%
FRANKLIN RESOURCES, INC.Indirect owner · Schedule BInterest in LEXINGTON PARTNERS ADVISORS GP L.L.C.
75%+

Bars represent the reported range at that individual ownership step, not an estimated percentage of the advisory firm. Indirect relationships may refer to intermediate entities rather than directly to Lexington Partners L.P..

Reported ownership and control details

Form ADV · Filing date 2026-06-16 · Schedules A and B

7 entries
#Owner / person & roleInterest in entityReported interestControl personTitle / status acquiredSource
1LEXINGTON PARTNERS ADVISORS GP L.L.C.GENERAL PARTNERDomestic entityLEXINGTON PARTNERS L.P.Less than 5%Code NAYesGENERAL PARTNER03/2008Schedule APDF page 606
2THOMAS NMN GIANNETTICHIEF FINANCIAL OFFICERIndividualLEXINGTON PARTNERS L.P.Less than 5%Code NAYesCHIEF FINANCIAL OFFICER03/2008Schedule APDF page 606
3WILSON SETH WARRENPRESIDENTIndividualLEXINGTON PARTNERS L.P.Less than 5%Code NAYesPRESIDENT06/2018Schedule APDF page 606
4JASON PAUL KAHNGENERAL COUNSELIndividualLEXINGTON PARTNERS L.P.Less than 5%Code NANoGENERAL COUNSEL01/2024Schedule APDF page 606
5ELIZABETH LEE RICHARDSCHIEF COMPLIANCE OFFICERIndividualLEXINGTON PARTNERS L.P.Less than 5%Code NANoCHIEF COMPLIANCE OFFICER03/2022Schedule APDF page 606
6FRANKLIN RESOURCES, INC.PARTNERDomestic entityLEXINGTON PARTNERS L.P.75% or moreCode EYesPARTNER04/2022Schedule APDF page 606
7FRANKLIN RESOURCES, INC.MEMBERDomestic entityLEXINGTON PARTNERS ADVISORS GP L.L.C.75% or moreCode EYesMEMBER04/2022Schedule BPDF page 607

Less than 5% may include zero. Code F identifies a role without specifying a percentage. Reported interests may overlap and may not include every owner. Total indirect ownership is not calculated.

Compliance & Disclosures

Filing dated 6/16/2026 4:00:32 PM

Responses were selected by the RIA in its filing. Questions are shortened for readability; “you” refers to the reporting firm, and some questions also cover advisory affiliates.

RIA or supervised-person involvementThe RIA reported that none of the events below involve the firm or its supervised persons.RIA responseNo
AFelonies2 No

In the past ten years, have you or any advisory affiliate:

  • A1Been convicted of or pleaded guilty or no contest to a felony?No
  • A2Been charged with a felony?No
BMisdemeanors2 No

In the past ten years, have you or any advisory affiliate:

  • B1Been convicted of or pleaded guilty or no contest to a misdemeanor involving investments, an investment-related business, fraud, false statements or omissions, wrongful taking of property, bribery, perjury, forgery, counterfeiting, or extortion?No
  • B2Been charged with a misdemeanor of the kind listed above?No
CSEC or CFTC actions5 No

Has the SEC or CFTC ever:

  • C1Found you or an advisory affiliate made a false statement or omission?No
  • C2Found you or an advisory affiliate violated SEC or CFTC regulations or statutes?No
  • C3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • C4Entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • C5Imposed a civil money penalty on you or an advisory affiliate, or ordered you or an advisory affiliate to cease and desist from any activity?No
DOther regulatory actions5 No

Has any other federal regulatory agency, state regulatory agency, or foreign financial regulatory authority ever:

  • D1Found you or an advisory affiliate made a false statement or omission, or was dishonest, unfair, or unethical?No
  • D2Found you or an advisory affiliate violated investment-related regulations or statutes?No
  • D3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • D4In the past ten years, entered an order against you or an advisory affiliate in connection with investment-related activity?No
  • D5Denied, suspended, or revoked your or an advisory affiliate’s registration or license, or otherwise prevented association with an investment-related business or restricted activities?No
ESelf-regulatory organization actions4 No

Has a self-regulatory organization or commodities exchange ever:

  • E1Found you or an advisory affiliate made a false statement or omission?No
  • E2Found you or an advisory affiliate violated its rules, other than a violation designated as a minor rule violation under an SEC-approved plan?No
  • E3Found you or an advisory affiliate caused an investment-related business to have its authorization to do business denied, suspended, revoked, or restricted?No
  • E4Disciplined you or an advisory affiliate by expulsion, suspension, barring association with other members, or otherwise restricting activities?No
FProfessional authorizations1 No
  • FHas an authorization to act as an attorney, accountant, or federal contractor granted to you or an advisory affiliate ever been revoked or suspended?No
GPending regulatory proceedings1 No
  • GAre you or any advisory affiliate now the subject of a regulatory proceeding that could result in a “Yes” answer to any part of C, D, or E?No
HCivil judicial actions and proceedings4 No

(1) Court actions

Has a domestic or foreign court:

  • H(1)(a)In the past ten years, enjoined you or an advisory affiliate in connection with investment-related activity?No
  • H(1)(b)Found that you or an advisory affiliate violated investment-related statutes or regulations?No
  • H(1)(c)Dismissed, pursuant to a settlement agreement, an investment-related civil action brought against you or an advisory affiliate by a state or foreign financial regulatory authority?No

(2) Pending civil proceedings

  • H(2)Are you or any advisory affiliate now the subject of a civil proceeding that could result in a “Yes” answer to any part of H(1)?No

* Metrics are based on the latest available data, including Form ADV filings, brochures, and relationship summaries pulled from the SEC IAPD, and may be subject to change. Learn what is included in the Rialytix data. Please refer to the firm's official disclosures for the most accurate information using their CRD number. This is not investment advice.