Lexington Closes Record $23B Secondaries Fund

With expectations for plenty of opportunities to deploy capital into secondaries deals this year, capital raising prospects are healthy, said Andrew Krei, co-chief investment officer at Barrett Upton Capital Partners, which invests capital through custom vehicles built for institutions and financial advisors into a range of alts funds and strategies.

“Secondaries managers are as upbeat and optimistic for this year as I’ve ever heard,” he said.

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