Lexington Partners

Lexington Middle Market Investors IV

Lexington PartnersVINTAGE 2016

NET IRR

12.9%

TVPI

1.54x

DPI

0.62x

COMMITMENT

$100M

LP SOURCES

3

VALUATION SPREAD1.51x – 1.54x TVPI across 2 sources

CROSS-REFERENCE TABLE

LP SOURCEAS OFCOMMITMENTPAID INNET IRRTVPIDPIDOC
Minnesota SBI2025-12-31$100M$83.9M12.9%1.54x0.62xSOURCE ↗
MD MSRPS2025-06-30SOURCE ↗
West Yorkshire PF2024-12-31$25M$21M1.51x0.48xSOURCE ↗