1 minute read | August.26.2026
Franklin Templeton, a global investment leader, announced the successful closing of Franklin Templeton Structured Solutions 2026, L.P., its first Collateralized Fund Obligation (CFO), raising $1.5 billion from global investors.
Orrick acted as placement agent counsel for Evercore in its role as structuring advisor and placement agent for the transaction.
Franklin Templeton is a trusted investment partner, delivering tailored solutions that align with clients' strategic goals.
Evercore is a premier global independent investment banking firm dedicated to helping clients achieve superior results.
The CFO is designed to provide investors with diversified and efficient exposure to Franklin Templeton's flagship private markets strategies spanning private equity secondaries and continuation vehicles.
"We are seeing growing demand from clients for access to differentiated private markets strategies in structures that are efficient and scalable," said George Stephan, Global Chief Operating Officer, Wealth Management Private Markets at Franklin Templeton. "This inaugural CFO is a direct response to that demand - combining the specialized expertise of our private markets managers into an offering that reflects the full breadth of what Franklin Templeton can deliver."
The Orrick team advising Evercore is led by Gregg Jubin and Mike Gonzalez, with support from Katie Wyatt.