Transaction increases Franklin Templeton’s alternative assets under management to approximately $270 billion
SAN MATEO, CA, October 03, 2025 – Franklin Resources, Inc. [NYSE:BEN], a global investment management organization
operating as Franklin Templeton, today announced the completion of its acquisition of Apera Asset Management (“Apera”).
Apera is a pan-European private credit firm with over €5 billion in assets under management (“AUM”) as of September 30,
2025, providing senior secured private capital solutions to private equity-backed companies in Western Europe.
With this closing, Franklin Templeton’s global alternative credit AUM grows to over $90 billion, and the firm’s total alternative
asset strategies now stand at approximately $270 billion in aggregate, as of September 30, 2025, reinforcing its position as a
leading manager of diversified alternative asset strategies. Apera complements Franklin Templeton’s existing global
alternative credit offerings, alongside and as part of Benefit Street Partners in the U.S. and Alcentra in Europe, further
diversifying the firm’s geographic exposure and capabilities within the private credit asset class.
Founded in 2016, Apera provides senior secured private capital solutions to private equity-backed companies in Western
Europe. With offices in the United Kingdom, Germany, France, and Luxembourg, Apera has built a strong track record of
disciplined underwriting and deep sponsor relationships and brings differentiated capabilities and expertise in the panEuropean lower middle market - a segment that remains underserved relative to the broader private credit landscape.
In addition to alternative credit, Franklin Templeton’s global alternative asset strategies include specialist investment
managers focused on private real estate through Clarion Partners, global secondary private equity and co-investments via
Lexington Partners as well as hedged strategies, venture capital and digital assets.
ENDS
About Franklin Templeton
Franklin Resources, Inc. (NYSE: BEN) is a global investment management organization with subsidiaries operating as
Franklin Templeton and serving clients in over 150 countries. Franklin Templeton’s mission is to help clients achieve better
outcomes through investment management expertise, wealth management and technology solutions. Through its specialist
investment managers, the Company offers specialization on a global scale, bringing extensive capabilities in equity, fixed
income, alternatives and multi-asset solutions. With more than 1,500 investment professionals, and offices in major financial
markets around the world, the California-based company has over 75 years of investment experience and $1.64 trillion in
assets under management as of August 31, 2025. The Company posts information that may be significant for investors in the
Investor Relations and News Center sections of its website, and encourages investors to consult those sections regularly. For
more information, please visit investors.franklinresources.com.
Source: Franklin Resources, Inc.