Franklin Templeton, through its leading real estate subsidiary Clarion Partners, has announced that it has entered into a definitive agreement to acquire a majority stake in Stoneshield Capital. The transaction will triple Clarion’s European assets under management (AUM) to €11 billion ($13 billion), increase Clarion’s total AUM by 12 percent to €72 billion ($82 billion), and bring Franklin Templeton’s total alternatives AUM to more than €265 billion ($300 billion).
Stoneshield is a European sector-specialist real assets manager with €8 billion ($9 billion) under management. The firm’s investment strategies are thematic and focused on supply-constrained sectors, including living and student housing, digital infrastructure, science and innovation, hospitality, and critical infrastructure.
With the addition of Stoneshield, Clarion’s European presence is reinforced, augmenting its existing focus on institutional logistics and net leased assets with Stone
