US$1.53tn asset manager targets Asian private wealth with PE secondaries fund

By Stanley Yupu Li , senior reporter | 30 April 2025 | 3 minutes read

Franklin Templeton has collaborated with Lexington Partners to launch a private equity secondaries fund targeting wealthy investors in Asia. The Franklin Lexington PE Secondaries Fund (FLEX-I) comes to market with over US$875 million in assets under management from a diversified investor base internationally across APAC, EMEA, Canada and Latin America, the firm said in a statement on Wednesday. The new…

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