Franklin Templeton announced the launch of Private Markets Model Portfolios developed with Corastone, a digital infrastructure platform for private market investments. The portfolios aim to help financial advisors incorporate private market investments within managed portfolio frameworks.

The model portfolios use a single-subscription structure that reduces minimum investment requirements per fund and provides diversified exposure to private markets. The framework combines Franklin Templeton's investment capabilities with Corastone's technology infrastructure to streamline subscription processing, rebalancing, and portfolio administration.

"This launch reflects the evolution of private markets in client portfolios and the need for structures that allow advisors to implement those allocations efficiently," said George Stephan, Chief Operating Officer, Global Wealth Management Private Markets at Franklin Templeton.

The portfolios provide direct exposure to underlying private market funds rather than accessing them through pooled fund-of-funds structures. This approach supports transparency, frequent rebalancing cycles, and portfolio flexibility, subject to applicable fund terms and liquidity provisions.

Franklin Templeton's private markets platform includes Lexington Partners for private equity secondaries and co-investments, Clarion Partners for private real estate, and Benefit Street Partners for private credit. The platform also includes Franklin Ventures, hedged strategies, and digital asset capabilities.

Corastone operates as a permissioned blockchain network designed to automate and scale private market investments. The company provides infrastructure for general partners, wealth managers, and fund administrators through a single integration platform.

Franklin Templeton manages $1.74 trillion in assets as of April 30, 2026, and operates in more than 35 countries. Franklin Resources, Inc. trades on the New York Stock Exchange under ticker NYSE: BEN.