A side-by-side comparison of Lexington Partners and Blue Owl Capital across firm type, scale, strategy, and geography.
Blue Owl Capital manages roughly 3.8× the assets of the other firm.
No overlapping asset classes — these firms operate in entirely separate markets.
| Lexington Partners | Blue Owl Capital | |
|---|---|---|
| Basics | ||
| Firm type | Asset Manager | Asset Manager |
| Country | United States | United States |
| Founded | 1994 | 2021 |
| Firm age | 32 yrs | 5 yrs |
| Roles | Lp, Gp | Gp, Lender, Public Listing |
| Scale & AUM | ||
| AUM | $84B | $319B |
| Market position | Large ($20–100B) | Giant ($100–500B) |
| AUM ratio | 3.8× larger | |
| Strategy & Focus | ||
| Investment style | Multi-asset | Multi-asset |
| Diversification | Broad | Broad |
| Strategies | 10 — LP-led Secondaries, GP-led Secondaries, Continuation Vehicles, Co-investment | 34 — Direct Lending, First Lien, Senior Secured, Unitranche |
| Asset classes | secondaries, private equity, venture capital | private credit, real estate, infrastructure, private equity, secondaries, venture capital |
| Shared strategies | 3: GP-led Secondaries, Continuation Vehicles, Secondaries (LP-led) | |
| Shared asset classes | 3: secondaries, private equity, venture capital | |
| Geography | ||
| Geographic bias | United States | United States |
| Regions | United States, Canada, Europe, United States | |
| Fund Portfolio | ||
| Published funds | 1 | 25 |
| Largest fund | Lexington Capital Partners X | Blue Owl GP Stakes V |
| Vintage range | 2023 | 2015–2026 |
| Fund statuses | Closed (1) | Closed (24), Fundraising (1) |
| Performance | ||
| Avg. net IRR | — | 13.1% |
| Avg. TVPI | — | 1.52x |
| Team | ||
| Total contacts | 50 | 32 |
| Team-to-AUM ratio | 0.6 per $B | 0.1 per $B |
| Network & Relationships | ||
| Connectivity | 23/100 | 64/100 |
| Network strength | 3/100 | 36/100 |
| Relationships | 2 | 21 |
| Relationship density | Low | High |
| Network maturity | Emerging | Emerging |
| Similarity | ||
| Overall similarity | 23% | |
| Strategy overlap | 7% | |
| Asset class overlap | 50% | |
Lexington Partners is a asset manager based in United States, while Blue Owl Capital is a asset manager based in United States. This page compares their firm type, assets under management, strategies, and geographic focus.
By reported AUM, Blue Owl Capital is larger ($84B vs $319B).