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Company type | Private ownership |
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Industry | Private equity, venture capital |
Founded | 1981 |
Defunct | October 2003 |
Fate | Acquired by Lehman Brothers |
Successor | Neuberger Berman (2009) Lehman Brothers Private Equity (2003) |
Headquarters | Dallas, Texas, United States |
Products | Fund of funds, Secondaries, Co-investments |
The Crossroads Group was a Dallas-based private equity fund of funds firm focusing on venture capital investments. The firm, founded in 1981 by Brad Heppner, was acquired by Lehman Brothers in October 2003. Since Lehman Brothers' 2008 bankruptcy, Crossroads has been a part of Neuberger Berman.[1]
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