Franklin Resources to Expand Alternatives Platform With Apera Acquisition

Key Takeaways Franklin agreed to acquire a majority interest in Apera, a pan-European private credit firm. The deal lifts BEN's global alternative credit AUM to $87B and total alternatives AUM to $260B. Apera enhances BEN's European private credit reach and supports its global alternatives strategy.Franklin Resources, Inc. (BEN) announced its latest move in expanding its alternative asset management capabilities with an agreement to acquire a majority interest in Apera Asset Management (Apera), a pan-Euro ...