Lexington Partners Expands Global Operations with New Office
– Doug Bourne Appointed to Lead Office; Thomas Dunn Relocates from London –
Lexington Partners, one of the largest managers of secondary private equity and co-investment funds, proudly announces the opening of its new office in Abu Dhabi. This new location marks a significant step in expanding the firm's global footprint, bringing its total number of offices to nine across four continents.
The introduction of the Abu Dhabi office reflects Lexington's dedication to the Middle East, where the firm has established valuable investor relationships over the past 25 years. This expansion is set to enhance Lexington's capabilities, enabling the firm to provide superior service to institutional investors and partners throughout the region. Lexington aims to offer innovative liquidity solutions to regional institutional investors looking to enhance their private investment portfolios.
Leading the new office in Abu Dhabi is Doug Bourne, a seasoned Managing Director in Investor Relations, who brings 15 years of experience in building critical investor relationships in the Middle East. He expressed enthusiasm about this new role, highlighting the opportunity to leverage his regional connections within a respected firm like Lexington.
Thomas Dunn, known for his expertise as a Director on Lexington's secondary investment team, will relocate from the firm's London office to support the new office's establishment. His presence in Abu Dhabi is crucial for developing local investment capabilities and strengthening Lexington's overall presence in the region. Dunn will work alongside additional experienced professionals who will be part of this strategic expansion.
According to Wil Warren, Partner and President of Lexington, the opening of the Abu Dhabi office is a logical extension of the firm's global strategy. He acknowledged the increasing importance of the Middle East as a partner for Lexington and expressed excitement about having a dedicated team onsite to better serve investors and partners.
Bourne remarked on the unique opportunity this new role presents. He emphasized the advantage of having established relationships and how they can enhance the firm's presence in the market. He also praised Lexington's strong reputation and its evolving investment strategies.
About Lexington Partners
Lexington Partners stands out as one of the largest and most accomplished managers in the realm of secondary private equity and co-investment funds, with a total capitalization exceeding $82 billion. The firm has played a pioneering role in developing the institutional secondary market for over 35 years and was among the first to create an independent, discretionary co-investment program 27 years ago. Lexington offers tailored liquidity solutions to global investors and private equity sponsors, underpinned by its robust secondary, continuation vehicle, and co-investment platforms.
With experienced professionals located in major financial hubs around the world, including North America, Europe, the Middle East, Asia, and Latin America, Lexington is recognized as the global specialist in secondary private equity and co-investments. Moreover, it operates as the investment manager of Franklin Resources, Inc., which trades under the NYSE: BEN, and has established a reputation for excellence in the investment space.
Frequently Asked Questions
What is the significance of the new Abu Dhabi office for Lexington Partners?
The Abu Dhabi office allows Lexington Partners to strengthen their relationships and provide better services to institutional investors in the Middle East, enhancing their operational footprint globally.
Who will lead the Abu Dhabi office?
Doug Bourne, a Managing Director in Investor Relations with extensive experience in the region, has been appointed to lead the Abu Dhabi office.
Why has Lexington decided to expand into Abu Dhabi?
The firm has a long-standing commitment to the Middle East and aims to provide liquidity solutions and enhance services to its investors and partners in the region.
What is the experience of Thomas Dunn?
Thomas Dunn has relocated from London to Abu Dhabi to support the expansion, bringing diverse experience from his role as a Director on the secondary investment team.
What does Lexington Partners specialize in?
Lexington Partners specializes in secondary private equity and co-investments, managing over $82 billion in capital and offering customized liquidity solutions to global investors.
