Franklin Templeton Canada: New PE Secondaries Fund Launch
- Franklin Templeton Canada is now offering the Franklin Lexington PE secondaries Fund to accredited Canadian investors.
- The fund's portfolio focuses on private equity investments obtained through secondary market deals and co-investments, structured to provide some liquidity.
- Dennis Tew, head of sales at Franklin Templeton Canada, noted the growing demand for liquidity in private investments.
Franklin Templeton Canada makes private equity more accessible! The firm has launched its Franklin Lexington PE Secondaries Fund, opening doors for accredited Canadian investors to tap into private equity investments through secondary transactions. This fund strategically focuses on secondary market deals and co-investments, providing a degree of liquidity rarely found in this asset class.Designed for long-term growth, the fund aims to democratize access to private equity, a domain traditionally exclusive to institutions. With the backing of the Franklin Lexington Private Markets Fund SICAV, already managing $875 million, the new fund promises compelling opportunities. This news, brought to you by News Directory 3, highlights Franklin Templeton’s expanding footprint in private markets, encompassing private equity, private credit, real estate, venture capital, and digital assets. Discover what’s next for investors looking to leverage this innovative fund.
franklin Templeton Launches Private Equity Secondaries Fund in Canada
Updated May 26, 2025
Franklin Templeton Canada is now offering the Franklin Lexington PE secondaries Fund to accredited Canadian investors. The new fund provides access to a sub-fund of the franklin Lexington Private Markets Fund SICAV, based in Luxembourg, which currently manages $875 million.
The fund’s portfolio focuses on private equity investments obtained through secondary market deals and co-investments, structured to provide some liquidity. This approach allows investors to tap into the private equity market, an asset class often out of reach for many Canadian portfolios.
Dennis Tew, head of sales at Franklin Templeton Canada, noted the growing demand for liquidity in private investments. He said the secondary market presents “compelling opportunities” for investors.
Designed for wealth channel clients seeking long-term growth, the fund aims to democratize access to private equity, traditionally dominated by institutional investors. The investment strategy spans various sectors, including buyout, growth, venture capital, credit, infrastructure, energy, and real assets.
Franklin Templeton’s private markets footprint has grown to $252 billion in assets under management, encompassing private equity, private credit, real estate, venture capital, and digital assets. This expansion is fueled by both organic growth and acquisitions of specialist managers like Lexington Partners, Benefit Street Partners, and Clarion Partners.
Wil Warren, partner and president of Lexington, highlighted the untapped potential of the secondary market, citing a consistent flow of deals that offer attractive prospects for investors.
“By leveraging our expertise in private markets,Franklin Lexington PE Secondaries Fund will be instrumental in growing our capital base and creating long-term value for investors,” Warren said.
What’s next
The fund aims to expand its capital base and deliver long-term value by capitalizing on opportunities within the private equity secondaries market. Franklin Templeton plans to continue leveraging its expertise in private markets to benefit investors.