ADDX partners with Franklin Templeton, Lexington on PE secondaries

The partnership aims to make these investment opportunities more accessible through a globally diversified secondaries strategy.

Digital investment platform ADDX has teamed up with global asset manager Franklin Templeton and private equity specialist Lexington Partners to offer accredited investors in Singapore access to private equity secondaries, a traditionally institutional asset class.

The partnership aims to make these investment opportunities more accessible through a globally diversified secondaries strategy, targeting long-term capital appreciation and reduced blind pool risk.

Private equity secondaries involve the purchase of interests in mature private funds, often offering investors better transparency and earlier liquidity compared to primary fund commitments. The asset class has seen rising interest amid growing demand for flexible liquidity options.

Lexington Partners has more than US$76b in capital and over three decades of experience. Franklin Templeton acquired Lexington in 2022 as part of its move to expand in the alternatives space.