Franklin Templeton, a global investment leader, announced the launch of its Private Markets Model Portfolios, developed in collaboration with Corastone, a digital infrastructure platform and permissioned blockchain network designed to streamline, automate, and scale private market investments. The Private Markets Model Portfolios are designed to help financial advisors more efficiently incorporate private market investments within a professionally managed portfolio framework.
“This launch reflects the evolution of private markets in client portfolios and the need for structures that allow advisors to implement those allocations efficiently,” said George Stephan, Chief Operating Officer, Global Wealth Management Private Markets at Franklin Templeton. “By supporting a single-ticket, SMA-style structure, these model portfolios are designed to help reduce operational complexity and improve scalability, while enabling advisors to implement diversified private market exposure within a professionally managed portfolio framework.”
Franklin Templeton’s Private Markets Model Portfolios are designed to extend the model portfolio framework to private markets, offering diversified, multi-asset exposure within an SMA-style, single-subscription structure that lowers the minimum investment per fund and helps deliver a diversified exposure to private markets.
The model portfolio framework combines Franklin Templeton’s global investment capabilities across public and private markets with technology enabled by Corastone’s infrastructure. The integrated solution is designed to streamline key operational aspects of private market investing — including subscription processing, rebalancing, portfolio administration, and ongoing management — while maintaining transparency and direct ownership of the underlying funds. Through the model portfolios, clients gain direct exposure to underlying private market funds rather than accessing them through pooled fund-of-funds structures, supporting enhanced transparency, more frequent rebalancing cycles, and flexibility within client portfolios, subject to applicable fund terms, liquidity provisions, and suitability considerations.
“Private markets have historically been difficult to scale across advisor-managed model portfolios due to operational complexity and fragmented workflows,” said Rashad Kurbanov, Co-Founder and CEO of Corastone. “This solution combines Franklin Templeton’s investment capabilities with Corastone’s infrastructure, making it easier for advisors to implement and manage diversified private market allocations within client portfolios.”
Franklin Templeton offers a diversified private markets platform that brings together a range of specialized investment managers. This includes Lexington Partners, focused on private equity secondaries and co-investments; Clarion Partners, specializing in private real estate; and Benefit Street Partners, a leader in private credit. The platform is further complemented by Franklin Ventures, hedged strategies, and digital asset capabilities, providing investors with broad access across alternative asset classes.
Source: Franklin Templeton
