Simpson Thacher Announces Closing of Two Funds Worth Over $35 Billion in Aggregate
01.09.24
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Simpson Thacher announced the closing of two funds worth more than $35 billion in aggregate on January 9—Lexington Capital Partners X (“LCP X)” closing at $22.7 billion, and the Eighth Cinven Fund (“Fund 8”) closing at $14.5 billion. LCP X surpassed its $15 billion fundraising target and significantly exceeded Lexington’s prior secondary fund, LCP IX, which closed on $14 billion in 2020. Fund 8 reached its hard cap and is nearly 30% larger than its 2019 predecessor fund, the Seventh Cinven Fund.
For more on LCP X, please click here.
For more on Fund 8, please click here.