Franklin Templeton Investments related stories
All articles and analysis
Franklin Templeton scoops up Putnam InvestmentsThe seller was Great-West Lifeco Inc.
Franklin Templeton leans on wealth channel for alternatives pushAlts now account for nearly one-fifth of the firm’s $1.37trn assets under management, driven by manager acquisitions and inflows from the wealth channel.
Franklin Templeton on investing alongside traditional VC firmsOne of the world's leading mutual funds has taken advantage of its Silicon Valley location to become a meaningful VC player. Over the last five years, the firm invested nearly $1bn in late-stage and mid-stage venture capital deals.
VC-backed Metacrine goes publicSan Diego-based Metacrine, a developer of therapies for patients with liver, gastrointestinal and metabolic diseases, has raised about $85 million for its IPO after pricing its 6.54 million shares at $13 per share.
Story of the year: Brookfield’s Oaktree acquisitionThe $475bn combined AUM of the firms brings scale across alternative asset classes neither have achieved on their own.
iCapital Network expands exec team with four new hiresiCapital Network, an fintech platform focused on alternative investing, has added four to its executive team. Joining the company are Michael Kushner as chief financial officer; Jennifer Ashley as chief people officer; Diane Frankenfield as chief marketing officer and Stephen Jacobs as general counsel.
- Axoni procures $36 mln Series B
New York-based Axoni, a provider of enterprise blockchain technology, has raised $36 million in Series B funding. The investors included HSBC.
- NEA promotes Walker to GP
New Enterprise Associates Inc has promoted Paul Walker to general partner. Previously, he worked at MPM Capital.
- Tanium rakes in $200 mln
Tanium, a platform for business resilience, has raised $200 million in funding. The investors were Wellington Management, Baillie Gifford & Company and Adage Capital Management LP.