Lexington Partners Strengthens Global Expansion with New Office in Abu Dhabi
Lexington Partners, recognized as one of the world’s leading firms managing secondary private equity and co-investment funds, recently announced a noteworthy step in its ongoing global expansion by opening a new office in Abu Dhabi. This strategic initiative brings the total number of Lexington’s offices to nine, spread across four continents. The presence of a dedicated office in the capital of the United Arab Emirates is a clear reflection of the firm's commitment to the Middle East, a region where they have cultivated substantial investor relationships for over 25 years.
The launch of the Abu Dhabi office is particularly significant as it aims to enhance the firm's capabilities to service institutional investors and partners across the Middle Eastern market. As part of this expansion, Lexington intends to provide tailored liquidity solutions to institutional allocators within the region, effectively catering to the growing demand for private investments. This move represents a natural evolution of the firm’s global strategy, as stated by Wil Warren, Partner and President of Lexington. He emphasized that establishing a physical presence in Abu Dhabi is a vital step in further strengthening the firm’s long-standing relationships and its ability to serve investors in the area more effectively.
Doug Bourne, who has been with the firm for over 15 years, will oversee the new Abu Dhabi office as Managing Director. His extensive experience and established connections within the region are expected to play a crucial role in building Lexington's local investment capabilities. Furthermore, Thomas Dunn, a Director on the firm's secondary investment team, has moved from London to Abu Dhabi to assist in this initiative. Together, they form a robust leadership team poised to leverage their expertise to drive investment opportunities in the Middle East.
"Opening in Abu Dhabi not only facilitates our current operations but also allows us to establish deeper ties with regional investors, and I see it as a fantastic opportunity to further enhance our offerings,” commented Bourne. He acknowledged the strength and reputation of Lexington in the private equity market and expressed his enthusiasm for building on existing relationships within the region.
Lexington Partners is distinguished by its pioneering contributions to the institutional secondary market, with over 35 years of experience in the field. The firm manages more than $82 billion in total capital and specializes in providing customized liquidity solutions for both global investors and private equity sponsors. With dedicated professionals located in major private equity investment centers, Lexington is well-prepared to meet the needs of diverse investors around the world. The establishment of this new office represents not only a growth of its operational footprint but also a significant commitment to fostering long-term partnerships throughout one of the world's most dynamic markets.
This expansion underscores the increasing importance of the Middle East as a pivotal region for private equity investments, and Lexington Partners is strategically positioned to capitalize on emerging opportunities. As the firm enhances its presence in Abu Dhabi, stakeholders can expect a more tailored approach to investment solutions that consider the unique needs and expectations of regional investors. With experienced leaders at the helm, Lexington is set to redefine its engagement in the Middle East and strengthen its global investment strategies in an ever-evolving market landscape.