Franklin Lexington PE Secondities Fund

FLEX-I

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Overview StrategyPerformanceAllocations Key terms Share classes FAQ

Overview

Legal Name:

Franklin Lexington Private Markets Fund SICAV SA – Franklin Lexington PE Secondaries Fund

Manager:

Franklin Lexington

Website:

https://www.franklintempleton.com/

Fundraising Status:

Open

Domicile:

Luxembourg

Legal Form:

Lux SICAV (S.A.)

Regulatory Regimes:

Lux UCI (Part II), EU AIF

Term:

Perpetual-Life

Base Currency:

USD

Launch Year:

2025

Inception Date:

Mar 7, 2025

Size:

$1.9B (as of Feb 28, 2026)

No. of Investments:

2000 (as of Feb 28, 2026)

Administrator:

The Bank of New York Mellon SA/NV (Luxembourg Branch)

Investor Eligibility Segments:

Institutional, Professional / Accredited, Retail

Permitted Distribution Countries:

EEA, Luxembourg, Netherlands, Spain, Switzerland

Strategy

FLEX‑I invests primarily in global private equity and other private assets via secondary interests in private investment funds, complemented by primary fund commitments and co‑investments. The portfolio spans buyout, growth, venture, credit, infrastructure, energy and other real assets, with opportunistic allocations to private markets debt investments. A liquid sleeve in debt and other securities supports capital deployment, income generation and liquidity management.

Asset Classes:

Private Equity

Strategy:

Diversified (PE)

Underlying Investment Type:

Secondaries

Geographic Focus Region:

Global

Geographic Focus:

North America, Europe, Latin America

Sector Focus (GICS):

Diversified

Sector Focus (not standardized):

Information Technology, Industrials, Health Care, Consumer Discretionary, Financials, Communication Services, Consumer Staples, Materials, Real Estate, Utilities

Other Focus:

Minority Stake

Leverage Limits Summary:

Max 35% fund-level leverage (AIFMD max 500% gross / 450% commitment).

Investment Limits Summary:

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Key terms

for I (acc) EUR share class

Share Class

Minimum Subsribtion:

$25,000

Currency:

EUR

Distribution Type:

Accumulating

Investor Type:

Institutional

Liquidity

Gate:

5% of NAV per quarter.

Gate Level:

Fund level NAV

Redemption Frequency:

Quarterly

Redemption Basis:

NAV per Share as of the immediately preceding Valuation Date (month-end NAV)

Subscribtion Frequency:

Monthly

Subscribtion Basis:

NAV per Share as of the immediately preceding Valuation Date (month-end NAV)

Fees

Management Fee:

1.25%

Up to 1.25% cap; payable monthly in arrears.

Management Fee Basis:

NAV

Before current month fee accruals, performance allocation, redemptions, distributions and FX hedging NAV impacts.

Performance Fee:

12.50%

5% hurdle with full catch-up; quarterly measurement/payment; monthly accrual; high water mark via Loss Carryforward.

Performance Fee Basis:

Distributions, Change in aggregate NAV

Total Return = distributions plus change in aggregate NAV minus Operating Expenses; excludes Servicing Fee, FX impacts and certain taxes.

Hurdle rate:

5.00%

5% annualized IRR hurdle on Aggregator NAV; HWM via loss carryforward; measured quarterly, accrues monthly, prorated.

Catch-up:

100.00%

100% of Excess Profits above Hurdle/Loss Carryforward until 12.5% of Hurdle+Catch-Up; thereafter 12.5%.

Front load (subscription):

0.00%

Intermediary upfront commissions/placement fees may apply outside the fund.

Back load (redemption):

2.00%

Early Redemption Deduction: 2.00% of redemption proceeds.

Servicing fee:

0.00%

Management Fee:	1.25%	Up to 1.25% cap; payable monthly in arrears.
Management Fee Basis:	NAV	Before current month fee accruals, performance allocation, redemptions, distributions and FX hedging NAV impacts.
Performance Fee:	12.50%	5% hurdle with full catch-up; quarterly measurement/payment; monthly accrual; high water mark via Loss Carryforward.
Performance Fee Basis:	Distributions, Change in aggregate NAV	Total Return = distributions plus change in aggregate NAV minus Operating Expenses; excludes Servicing Fee, FX impacts and certain taxes.
Hurdle rate:	5.00%	5% annualized IRR hurdle on Aggregator NAV; HWM via loss carryforward; measured quarterly, accrues monthly, prorated.
Catch-up:	100.00%	100% of Excess Profits above Hurdle/Loss Carryforward until 12.5% of Hurdle+Catch-Up; thereafter 12.5%.
Front load (subscription):	0.00%	Intermediary upfront commissions/placement fees may apply outside the fund.
Back load (redemption):	2.00%	Early Redemption Deduction: 2.00% of redemption proceeds.
Servicing fee:	0.00%

Share classes

Name	Min. Subscription	Currency	Inception	Distribution	Investor Type	ISIN	BBG Ticker
I (acc) EUR	25,000 USD	EUR	-	Accumulating	Institutional	-	-
Class B eg	250,000 EUR	EUR	15 Mar 2018	Accumulating	Institutional	LU1987654321	FUND B LX
Class C Example	500,000 USD	USD	01 Jun 2019	Distributing	Professional	IE0123456789	FUND C ID
Class D eg.	100,000 GBP	GBP	22 Sep 2020	Accumulating	Institutional	GB00ABCDEF12	FUND D LN
Class E Example	25,000 EUR	EUR	03 Jan 2021	Distributing	Retail	LU9988776655	FUND E LX
Class F Example	1,000,000 USD	USD	10 Nov 2017	Accumulating	Institutional	US1234567890	FUND F US

FAQ

What is Franklin Lexington PE Secondities Fund?

Franklin Lexington PE Secondities Fund is an evergreen Lux UCI fund focused on Private Equity and managed by Franklin Lexington.

Who manages Franklin Lexington PE Secondities Fund?

Franklin Lexington PE Secondities Fund is managed by Franklin Lexington, based in New York, New York, United States.

How big is Franklin Lexington PE Secondities Fund?

Franklin Lexington PE Secondities Fund has a size of $1.9B.

What type of fund is Franklin Lexington PE Secondities Fund?

Franklin Lexington PE Secondities Fund is an open-ended / evergreen Lux UCI fund investing in private equity and domiciled in Luxembourg.

When was Franklin Lexington PE Secondities Fund launched?

Franklin Lexington PE Secondities Fund was launched on Mar 7, 2025 and is structured as a Lux SICAV (S.A.) vehicle with a perpetual-life term.

Where is Franklin Lexington PE Secondities Fund domiciled and regulated?

Franklin Lexington PE Secondities Fund is domiciled in Luxembourg under Lux UCI (Part II) and EU AIF.

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