Franklin Resources, Inc. has completed the acquisition of Apera Asset Management, a private credit firm with over EUR 5 billion in assets under management. This acquisition boosts Franklin’s global alternative credit AUM to over $90 billion, with total alternative asset strategies now totaling around $270 billion. Apera, founded in 2016, provides senior secured private capital solutions to private equity-backed companies in Western Europe. This acquisition complements Franklin Templeton’s existing global alternative credit offerings, further diversifying the firm’s geographic exposure and capabilities within the private credit asset class.

Read more at Nasdaq: Franklin Resources Closes Acquisition Of Apera Asset Management