Franklin Templeton agrees to buy majority stake in Stoneshield Capital
BEN•Franklin Templeton to expand European real assets platform
Franklin Templeton agrees to buy majority stake in Stoneshield Capital
- Clarion Partners agreed to acquire a majority stake in European real assets manager Stoneshield Capital, adding an estimated USD 9 billion of AUM.
- The deal is expected to triple Clarion’s European AUM to USD 13 billion, lifting total AUM 12% to USD 82 billion.
- The transaction would take Franklin Templeton’s alternatives AUM above USD 300 billion, strengthening its European real assets footprint.
- Stoneshield will serve as Clarion’s opportunistic investment platform in Europe, keeping offices across Spain, Portugal, Ireland, the UK, and Luxembourg.
- Closing is targeted for the fourth quarter of 2026, with Stoneshield co-founders Juan Pepa and Felipe Morenés continuing to run the business.
