Franklin Templeton completes acquisition of Apera Asset Management

SAN MATEO, Calif. - Franklin Resources, Inc. (NYSE:BEN), operating as Franklin Templeton, announced Thursday it has completed the acquisition of Apera Asset Management, a pan-European private credit firm with over €5 billion in assets under management as of September 30. The acquisition comes as Franklin Resources, currently valued at $11.89 billion, shows strong financial health with a current ratio of 4.41, indicating robust liquidity. InvestingPro analysis suggests the stock is currently trading below its Fair Value.

The transaction increases Franklin Templeton’s global alternative credit assets under management to over $90 billion and brings its total alternative asset strategies to approximately $270 billion, according to the company’s statement.

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. The firm specializes in the pan-European lower middle market segment.

"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," the company said in its press release.

The acquisition further diversifies Franklin Templeton’s geographic exposure and capabilities within the private credit asset class. Besides alternative credit, the company’s alternative asset strategies include 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.

Franklin Templeton, headquartered in California, has over 75 years of investment experience and reported $1.64 trillion in assets under management as of August 31, 2025. The company employs more than 1,500 investment professionals across offices in major financial markets worldwide. With a remarkable 45-year track record of consecutive dividend payments and a current yield of 5.59%, Franklin Resources demonstrates strong shareholder returns. InvestingPro subscribers can access additional insights, including 8 more ProTips and detailed financial analysis.

In other recent news, Franklin Templeton has announced the launch of tax-aware long-short strategies on its Canvas platform, beginning with a U.S. Large Cap 130/30 structure. This initiative aims to provide opportunities for excess returns and enhanced tax benefits through increased loss harvesting potential. Additionally, Franklin Templeton has formed a strategic partnership with Binance to develop digital asset initiatives, leveraging Binance’s global trading infrastructure alongside Franklin Templeton’s expertise in tokenization. The collaboration will focus on enhancing capital markets using blockchain technology. In another development, Franklin Templeton has partnered with infrastructure managers, including Copenhagen Infrastructure Partners, DigitalBridge, and Actis, to boost its private wealth offerings.

Furthermore, Franklin Templeton has appointed Daniel Gamba as Chief Commercial Officer, effective October 15, 2025. Gamba will oversee global sales, marketing, and product strategy, and will become a Co-President alongside Terrence Murphy and Matthew Nicholls. The trio will work closely with CEO Jenny Johnson and the board on the company’s long-term strategic plans.

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