Franklin Templeton to Acquire Majority Stake in Stoneshield Capital
Franklin Templeton (“Franklin Templeton”) announced, on September 8, 2026, that it had reached an agreement to acquire a majority stake in Stoneshield Capital (“Stoneshield”). Franklin Templeton is acquiring the stake in Stoneshield via its subsidiary, Clarion Partners. Following the transaction, which is expected to close in Q4 2026, Stoneshield co-founders, Juan Pepa and Felipe Morenés, will continue to have responsibility for Stoneshield’s investment strategy and operations. Further terms of the transaction were not disclosed.
Franklin Templeton (NYSE: BEN), based in San Mateo, California, is a global investment management firm offering services in fixed income, equity, alternatives and multi-asset solutions. As of June 30, 2026, Franklin Templeton had approximately $1.79 trillion in assets under management.
Stoneshield, based in Dublin, Ireland, is a real assets and private equity investment firm. Stoneshield has approximately $8 billion in assets under management.
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