Franklin Resources (BEN) Tops Q4 EPS by 40c
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Franklin Templeton to Acquire Lexington Partners, a Global Leader in Secondary Private Equity and Co-Investments
November 1, 2021 8:30 AM EDTMaterially expands breadth and scale of Franklin Templetons alternative asset capabilities
Growing market sector with long-term potential to extend access of private asset classes to additional investors
Structured to provide continuity for Lexingtons highly experienced team and continued strong alignment with investors
SAN MATEO, Calif.--(BUSINESS WIRE)-- Franklin Resources, Inc. [NYSE:BEN], a global investment management organization operating as Franklin Templeton, today announced that it has entered into a definitive agreement to acquire Lexington Partners L.P. (Lexington), a leading global manager of secondary private... More
