Singapore, 8 September 2025: Franklin Templeton is delighted to announce that its first Evergreen Private Equity Secondaries Strategy, that is co-managed with Lexington Partners, has now exceeded US$1.2 billion in assets under management1 following its successful launch earlier this year. This significant milestone reflects strong demand and appetite for private equity secondaries in an evergreen structure from a broad range of investors internationally including APAC, EMEA, Canada and Latin America regions.
Tariq Ahmad, Head of Asia Pacific said: “Private market funds have seen significant growth in the Asia Pacific region, driven by growing appetite from wealth managers and their clients for long term, flexible investment solutions, increasing wealth accumulation and a maturing private markets ecosystem across key markets including Singapore, Hong Kong, Japan and Australia. With private markets expected to exceed US$277 billion in assets by the end of 20282, wealth managers are uniquely positioned to harness this momentum. Evergreen funds, with their built-in flexibility and periodic liquidity, offer a powerful way to capture long-term growth while meeting evolving client needs.”
The evergreen private equity secondaries strategy is designed and intended for accredited investors and wealth channel clients who are increasingly drawn to private markets as they seek greater transparency, accessibility and the potential for earlier liquidity and cash returns.