Franklin Templeton Buys Benefit Street Partners

Posted on 10/26/2018

Franklin Resources, Inc., a global investment management organization operating as Franklin Templeton Investments, inked a deal to purchase New York-based Benefit Street Partners L.L.C., an alternative credit manager with approximately US$ 26.2 billion in assets under management as of September 30, 2018. The sales price was US$ 683 million in cash consideration for 100% of […]