Franklin Lexington Private Markets Fund Acquisition | Financial Services Deal in CT

Franklin Lexington Private Markets Fund has completed the acquisition of Franklin Lexington Private Markets Fund, a financial services other business in Connecticut, for $100.0 million. The fund offers private markets investment exposure through multiple share classes, including Class S, Class D, Class I, and Class M, and it seeks to repurchase up to 5.0% of aggregate net asset value. The financial services M&A structure is an issuer tender offer and repurchase request process, supporting liquidity and capital management for CT acquisitions. The other acquisition is sized over $100M and is governed under SEC tender offer rules, with the offer dated May 15, 2026 and the fund able to increase accepted shares by up to an additional 2.0% without amending the offer.