Templeton Announces Full Divestment of Its Second Emerging

Templeton Announces Full Divestment of Its Second Emerging Markets
Private Equity Fund 
NEW YORK, NY -- (Marketwire) -- 01/08/13 --  Templeton Emerging
Markets Group today announced the successful exit from all
investments held in the Templeton Strategic Emerging Markets Fund II
("TSEMF II" or "the Fund"). TSEMF II was established in 2005 and is
led by Dr. Mark Mobius, executive chairman of Templeton Emerging
Markets Group.  
The US$132.5 million TSEMF II generated a net internal rate of return
(IRR) of 34.3% (net of all expenses and fees including performance
fee), and a net multiple of cost (MoC) of 2.1 times. All 12
investments were fully exited in less than 7.5 years since the Fund's
initial close.  
The Fund made strategic private equity investments in listed and
unlisted companies across a variety of sectors throughout global
emerging markets such as China, India, Russia, South Korea and
Central Eastern Europe.  
The Fund's investment strategy was focused on growth stage
investments that involved adding new capital to companies in
healthcare, consumer and light infrastructure.  
About Franklin Templeton and Templeton Strategic Emerging Markets
Fund II 
Templeton Strategic Emerging Markets Fund II ("TSEMF II") is a
Limited Duration Company incorporated in the Cayman Islands and
available only to institutions and sophisticated investors that make
strategic investments throughout emerging markets. TSEMF II is
managed by the Templeton Emerging Markets Group of Templeton Asset
Management Ltd ("TAML"), which has more than 50 investment
professionals based in 18 offices located throughout emerging
markets. The Templeton Emerging Markets Group is headed by Dr. Mark
Mobius, who has over 40 years of emerging markets investment
experience. The team manages over US$45 billion as of September 30,
2012. 
TAML is a subsidiary of Franklin Resources, Inc. (NYSE: BEN), a
global investment management organization operating as Franklin
Templeton Investments. Franklin Templeton Investments provides global
and domestic investment management solutions managed by its Franklin,
Templeton, Mutual Series, Fiduciary Trust, Darby and Bissett
investment teams. The San Mateo, CA-based company has more than 65
years of investment experience and over US$768 billion in assets
under management as of November 30, 2012. For more information,
please visit franklinresources.com. 
Media Contact: 
Bill Weeks
New York: 
+1 212 632 3204 
 
 
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