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Templeton EM PE fund closes below target

The latest emerging-market private equity fund from the US firm has closed at $220 million, falling short of its $300 million target and reflecting reduced inflows into the asset class.
Templeton EM PE fund closes below target

Franklin Templeton has held a final close on its fourth emerging markets private equity fund at $220 million, missing its target and reflecting reduced EM PE fundraising levels.

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