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 wealth management RIA business in Connecticut, for $91,332,625. The fund offers private markets exposure through multiple share classes, including Class S, Class D, Class I, and Class M shares, under a Schedule TO issuer tender offer. The wealth management RIA acquisition is structured as a financial services M&A tender for up to about 5.0% of net assets as of December 31, 2025, with a reserved right to buy an additional 2.0% without amending the offer. Classified as an other acquisition and closed, the final amendment reports tender offer results and references the offer’s terms and conditions for CT acquisitions.