Business
Franklin Lexington Private Equities Secondaries Strategy Exceeds $3.5 Billion in Assets Under Management Globally Within First Year
SAN MATEO, Calif., February 12, 2026--Franklin Templeton today announced that its Franklin Lexington PE secondaries strategy1 has exceeded $3.5 billion in assets under management (AUM) in less than one year since its launch. This significant milestone underscores the strong and growing demand among global wealth channel clients for institutional-quality private markets solutions that offer the potential for long-term growth and diversification.

About this update from Franklin Resources, Inc.
[{"type":"text","content":"Rapid Growth in Firm’s First Continuously Offered Private Equity Secondaries Strategy Highlights Strong Demand from Global Wealth Channel","length":137,"tagName":"p","attribs":{}},{"type":"text","content":"SAN MATEO, Calif., February 12, 2026--(BUSINESS WIRE)--Franklin Templeton today announced that its Franklin Lexington PE secondaries strategy1 has exceeded $3.5 billion in assets under management (AUM) in less than one year since its launch. This significant milestone underscores the strong and growing demand among global wealth channel clients for institutional-quality private markets solutions that offer the potential for long-term growth and diversification.","length":465,"tagName":"p"},{"type":"text","content":"The Franklin Lexington PE secondaries strategy represents the firm’s first continuously offered strategy dedicated to secondary private equity investments and is available to investors globally. Initially launched to U.S. investors in December 2024, the strategy is advised by Franklin Templeton and sub-advised by Lexington Partners ("Lexington"), a pioneer in the private equity secondary and co-investment markets. In March 2025, the strategy was extended to international investors in Europe, the Middle East, Latin American and APAC, further broadening access to private markets globally.","length":603,"tagName":"p"},{"type":"text","content":""We are proud to partner with Franklin Templeton on this innovative strategy and broaden access to the secondary market for a wider range of investors," said Wil Warren, Partner and President of Lexington. "This milestone demonstrates the strong demand for high-quality private markets exposure and validates our industry-leading secondary platform that combines our market leadership and expertise with Franklin Templeton’s global distribution capabilities. We look ahead with a continued focus on delivering value to our clients as the strategy grows."","length":574,"tagName":"p"},{"type":"text","content":"The Franklin Lexington PE secondaries strategy is designed to provide simplified access to a diversified portfolio of private equity investments acquired through secondary transactions and co-investments in new private equity transactions alongside leading sponsors, leveraging Franklin Templeton’s global private markets wealth platform. Its innovative ...