Franklin Templeton

Franklin Templeton CEO says private credit ‘here to stay’

amefika2 months ago04 mins

Franklin Templeton (BEN) CEO Jenny Johnson said the private lending sector has earned its rightful place on Wall Street. “Private credit is here to stay,” Johnson told Yahoo Finance during the Semafor World Economic Summit. He linked his argument to the 2008 financial crisis, when stricter capital requirements forced banks to stop lending, prompting private…

Revolut completes share sale and reaches billion valuation

Revolut completes share sale and reaches $75 billion valuation

amefika6 months ago03 mins

Revolut has announced the completion of the secondary share sale, valuing the company at $75 billion, an increase of 66% from 2024. The fundraising transaction was led by Coatue, Greenoaks, Dragoneer and Fidelity Management & Research Company, with participation from a range of investors including Andreessen Horowitz (a16z), Franklin Templeton and T Rowe Price Associates….