Lexington Partners L.P.
Lexington Partners names three new partners on secondary team
Summary: Lexington Partners announced that Peter Grape, Simon Oak, and Michael (Mike) Skelly were promoted to Partner, effective January 1, 2026. The Lexington-hosted announcement says all three are members of the Secondary team focused on origination, evaluation, and execution of secondary opportunities, including partnership and GP-led transactions.
Why it matters: The update may matter to due-diligence readers as a senior-personnel and platform-continuity signal for Lexington's secondaries business, while it should not be read as evidence of transaction outcomes, performance, or an allocation recommendation.
Summary
Lexington Partners announced on January 14, 2026 that Peter Grape, Simon Oak, and Michael (Mike) Skelly were promoted to Partner, effective January 1, 2026. The Lexington-hosted announcement says all three are members of the firm’s Secondary team.
According to Lexington, the three professionals are primarily focused on the origination, evaluation, and execution of secondary opportunities, including partnership and GP-led transactions. The announcement should be treated as a Lexington-sourced personnel and platform update, not independent validation of future transaction activity, execution capacity, or investment performance.
Why it matters
For due-diligence readers, partner promotions on a secondaries team can be a useful public signal about succession, coverage depth, and which parts of a private-markets platform are receiving senior-title recognition. That context is relevant for readers tracking Lexington’s secondaries franchise, GP-led and LP-led transaction coverage, and senior team continuity.
The signal is still limited. A promotion announcement does not establish deal flow, fund performance, client demand, allocation suitability, or the outcome of any secondary transaction.
Source notes
- Lexington announcement: https://www.lexingtonpartners.com/press-releases/lexington-partners-names-three-new-partners/
- Source type: primary manager/adviser-hosted announcement.
- The Lexington announcement is the source for the promotion date, the names Peter Grape, Simon Oak, and Michael (Mike) Skelly, the Secondary-team framing, and the references to secondary opportunities including partnership and GP-led transactions.
- Verifier note: the source-review pass found no current published post or draft duplicate for this three-new-partners item. A separate Lexington / YS Yang item was already published and was rejected as a duplicate topic for this cycle.
9AT filing context
Public ADV/profile context maps the returned adviser match to Lexington Partners L.P., CRD 147281 / SEC file 801-71411, in New York, with public website/domain lexingtonpartners.com and a last ADV submission date of 2025-12-22. The returned profile shows about $79.3 billion in reported regulatory AUM/profile scale, 171 employees, 165 advisory employees, 176 private funds, no SMA flag, and no ERA flag.
That context supports identity and broad platform background only. It does not validate the promotions, secondary transaction sourcing, GP-led or partnership-transaction execution, fund performance, current exposure, or any diligence conclusion. Public 13F history is available for Lexington Partners L.P. / CIK 1621157, but it is not directly relevant to this personnel and secondaries-platform update and is intentionally not used as a substantive signal here.
What to watch
Watch for later Lexington updates that show how senior coverage is organized across secondary strategies, GP-led transactions, partnership interests, co-investments, continuation vehicles, and regional coverage. For diligence context, future ADV amendments, senior-team pages, fund announcements, and transaction-specific public disclosures may help clarify whether these promotions coincide with broader staffing, product, or strategy changes.