"Opening in Abu Dhabi represents a natural extension of Lexington's global platform and builds upon our long-term relationships across the Middle East," said Lexington President Wil Warren.
The firm's $3.1 billion in Q3 secondaries inflows were driven primarily by its tenth private equity and ninth real estate secondary funds.
Insurance investors now account for nearly 25% of the manager's commitments, with parent company EQT eyeing opportunities to combine primary and secondary strategies.
The investment in the Brazilian alternative asset manager will be made through a primary capital injection, with no existing partners selling their holdings.
Day helped establish and expand Brookfield's real estate secondaries business, overseeing investment activity across the Americas and APAC.
Top professionals from TR Capital and Aquilius Investment Partners discuss what is driving Asia's secondary market, transaction mix, structural hurdles, and where growth could come from next.
The regulator alleges more than $27 million was raised through schemes involving purported access to SpaceX, OpenAI, SandboxAQ, and Kraken.
Former Mubadala Capital executive Lucas Radal joins MCP as Head of Middle East Secondary Investments in Abu Dhabi.
The Johannesburg-based investment firm has assumed management of assets from three African funds, expanding its secondaries and portfolio management platform.
The Asia-secondaries specialist also named Umang Agarwal as Managing Director and Co-Head of India for its newly opened Bangalore office.
