Templeton Announces Full Divestment of Its Second Emerging Markets Private Equity Fund

Posted on: January 8, 2013 by Connie LoizosNo Comments »

New York-based Templeton Asset Management has announced its Templeton Emerging Markets Group’s exit from all investments held in Templeton Strategic Emerging Markets Fund II, established in 2005. The $132.5 million fund generated a net IRR of 34.3 percent, net of all expenses and fees.