Franklin Resources, Inc., operating as Franklin Templeton, has announced a definitive agreement to acquire a majority interest in Apera Asset Management, a pan-European private credit firm managing over €5 billion in assets. This acquisition aims to enhance Franklin Templeton's global alternatives platform and expand its direct lending capabilities in Europe's lower middle market. With this deal, Franklin Templeton's global alternative credit assets under management will increase to $87 billion, with total alternative asset AUM reaching approximately $260 billion. The transaction is expected to close in the third quarter of 2025, pending customary regulatory approvals.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Franklin Resources Inc. published the original content used to generate this news brief via Business Wire (Ref. ID: 20250604980839) on June 04, 2025, and is solely responsible for the information contained therein.