Franklin Templeton Canada Expands Private Markets Offering with New PE Secondaries Fund 

Franklin Templeton Canada has introduced the Franklin Lexington PE Secondaries Fund, an investment vehicle available exclusively to Canadian accredited investors. The fund provides exposure to shares of a sub-fund of the Luxembourg-domiciled Franklin Lexington Private Markets Fund SICAV, which currently oversees $875 million in assets. 

The portfolio comprises private equity investments acquired through secondary transactions and co-investments, structured for semi-liquid accessibility. 

“With growing demand for liquidity in private investments, the secondary market offers compelling opportunities, allowing investors access to an asset class often underrepresented in Canadian portfolios,” said Dennis Tew, head of sales at Franklin Templeton Canada. 

Designed for wealth channel clients seeking long-term growth, the fund broadens access to private equity—an asset class traditionally reserved for institutional investors. Its strategy allows for investments across buyout, growth, venture, credit, mezzanine, infrastructure, energy, and other real assets. 

Franklin Templeton’s private markets presence has expanded to $252 billion in assets, spanning private equity, private credit, real estate, venture capital, and digital assets. This growth is both organic and driven by acquisitions of specialist managers such as Lexington Partners, Benefit Street Partners, and Clarion Partners. 

Wil Warren, partner and president of Lexington, emphasized the secondary market’s untapped potential amid a steady supply of deal flow, presenting attractive opportunities 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.