Crossroads Group

The Crossroads Group
Company typePrivate
IndustryPrivate equity, venture capital
Founded1981 (1981)
DefunctOctober 2003 (2003-10)
FateAcquired by Lehman Brothers
SuccessorNeuberger Berman (2009)
Lehman Brothers Private Equity (2003)
HeadquartersDallas, Texas, United States
ProductsFund 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.