Franklin Resources Secondary Strategy Tops $3.5B AUM in First Year
Franklin Resources’ Franklin Lexington Private Equities Secondaries Strategy amassed over $3.5 billion in assets under management globally within its first year of launch. The rapid accumulation reflects strong investor appetite for secondary private equity exposure and bolsters the firm’s private markets offerings.
1. AUM Growth and Strategy Launch
Franklin Resources launched the Franklin Lexington Private Equities Secondaries Strategy in early 2025 and saw it attract over $3.5 billion in global assets under management within 12 months, driven by institutional and high-net-worth allocations seeking secondary market liquidity.
2. Impact on Franklin Resources
The strategy’s rapid uptake enhances Franklin’s private markets footprint, diversifying revenue streams and potentially boosting asset management fees, while positioning the firm competitively against peers offering secondaries solutions.