Franklin Resources, a global investment management organisation operating as Franklin Templeton, has completed its acquisition of Lexington Partners (Lexington), a global manager of secondary private equity and co-investment funds.
With this closing, Franklin Templeton has significantly expanded the breadth and scale of its alternative asset strategies with over USD200 billion in aggregate alternative assets under management.
Franklin Templeton now includes specialist investment managers focused on private real estate through Clarion Partners, alternative credit through Benefit Street Partners, hedge fund strategies via K2 Advisors and secondary private equity and co-investments via Lexington.
