Business
Franklin Templeton Canada Introduces Lexington Partners' Private Equity Expertise to Canadians
Franklin Templeton Canada today introduced Lexington Partners – a global pioneer in the development of institutional secondary markets with more than US$76 billion1 in total capital – with the launch of Franklin Lexington PE Secondaries Fund that is available to Canadian accredited investors.
About this update from Franklin Resources, Inc.
[{"type":"text","content":"TORONTO, May 5, 2025 /CNW/ - Franklin Templeton Canada today introduced Lexington Partners – a global pioneer in the development of institutional secondary markets with more than US$76 billion1 in total capital – with the launch of Franklin Lexington PE Secondaries Fund that is available to Canadian accredited investors.","length":337,"tagName":"p"},{"type":"image","alt":". (CNW Group/Franklin Templeton Investments Corp.)","displaySize":"","headline":null,"caption":". (CNW Group/Franklin Templeton Investments Corp.)","className":"","disableSlideshowImg":false,"size":{"original":{"width":400,"height":147,"url":"https://media.zenfs.com/en/cnwgroup.com/f72bc17894b4c40d99c935090289d8b3"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/Q6doksiXuKKiO0_O6xPH_w--/YXBwaWQ9aGlnaGxhbmRlcjt3PTcwNTtoPTI1OTtjZj13ZWJw/https://media.zenfs.com/en/cnwgroup.com/f72bc17894b4c40d99c935090289d8b3","width":400,"height":147}},"href":"https://mma.prnewswire.com/media/2676139/Franklin_Templeton_Investments_Corp__Franklin%C2%A0Templeton_Canada_I.html","hrefExternal":true,"rel":"nofollow"},{"type":"text","content":"Franklin Lexington PE Secondaries Fund provides an opportunity to invest in a diversified portfolio of private equity investments acquired through secondary transactions and co-investments within a semi-liquid accessible structure.","length":231,"tagName":"p"},{"type":"text","content":""As part of our commitment to bringing our best alternative investment capabilities to the Canadian market, we are offering investors an institutional quality strategy from Lexington Partners," said Dennis Tew, head of Sales, Franklin Templeton Canada. "With the increasing demand for liquidity in private investments, the secondary market offers compelling opportunities for investors, providing access to an asset class that is often underrepresented in Canadian portfolios."","length":497,"tagName":"p"},{"type":"text","content":"Franklin Lexington PE Secondaries Fund invests substantially all of its investable assets in shares of a sub-fund of the Luxembourg-domiciled Franklin Lexington Private Markets Fund SICAV SA (the "Underlying Fund"), which comes to market with over US$875 million2 in assets under management from a diversified investor base internationally across Canada, APAC, EMEA and Latin America.","length":3...