Lexington Hill Partners

James Simmons, the firm's founder and managing partner, leads investment decisions. His prior experience includes a decade at Goldman Sachs focused on structured equity and growth investments. The firm operates with a centralized investment committee structure typical of a founder-led manager.

Lexington Hill targets $25–75 million equity investments per deal. This check size is designed to address growth-stage companies that require more capital than traditional venture firms can provide but are not yet suited for full control buyout transactions by large-cap private equity firms.

The firm focuses on growth-stage and late-stage private companies. It seeks businesses that have achieved product-market fit and meaningful revenue scale, requiring expansion capital to reach the next phase of growth — typically 18 to 36 months before a potential liquidity event such as an IPO or strategic acquisition.

While the firm has not published explicit sector exclusions, its known deal activity concentrates on enterprise software, fintech, digital health, consumer technology, and AI/ML. Sectors such as hard infrastructure, commodities, life sciences requiring FDA approval pathways, and early-stage pre-revenue companies do not align with the firm's disclosed growth-equity mandate.

Lexington Hill typically takes lead or co-lead positions, structuring direct equity investments where it negotiates for meaningful governance rights such as board representation. The firm's mandate favors situations where it can serve as the primary institutional capital provider for a given round rather than participating as a passive minority co-investor.