Franklin Venture Partners, the private investing platform of San Mateo, CA-based Franklin Templeton’s Franklin Equity Group, closed its second enterprise technology growth equity fund.
The fund is primarily focused on mid- to late-stage venture companies in the enterprise technology space that appear to be positioned for an initial public offering (IPO).
The team’s second vintage vehicle received support from a mix of investors, including institutions, family offices and high net worth individuals.
Led by Ryan Biggs, James Cross and Robert Stevenson, Franklin Venture Partners invests in private companies it believes are poised to have a transformative impact across multiple industries. With more than $3 Billion deployed across 95 companies since 2014, the team manages private equity funds focused on a growing number of high-growth categories, including industrial, enterprise, space and defense technology.
The team offers in-depth expertise in managing global, U.S. and sector-specific strategies at Franklin Templeton.
FinSMEs
16/08/2024