Franklin Resources Arm Acquires Apera, Expands Alternative Platform
Key Takeaways Franklin Templeton completed its acquisition of Apera, a pan-European private credit firm.The deal expands Franklin Templeton's alternative credit AUM by more than $90 billion.Apera's expertise strengthens Franklin Templeton's European direct lending capabilities.Franklin Resources, Inc. (BEN) , a global investment management company operating as Franklin Templeton, announced the closure of its acquisition of Apera Asset Management, a pan-European private credit firm.The acquisition broadened ...