Who Owns Clarion Partners?
Clarion Partners is owned by Franklin Templeton, Inc. (NYSE: BEN), a publicly traded global asset manager headquartered in San Mateo, California. Founded in 1982 in New York, Clarion manages US commercial real estate equity and debt strategies for institutional investors. It joined Franklin Templeton through the July 2020 acquisition of Legg Mason, which had acquired it in 2011.
Parent Company
Founded
1982
Status
Publicly Traded
Headquarters
Clarion Partners Timeline
United StatesOfficial Website
Who Owns Clarion Partners?
- Parent Company: Franklin Templeton, Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: BEN
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Clarion Partners | Franklin Templeton, Inc. | Wholly owned |
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History of Clarion Partners
- Founded: 1982
- Founders: John Weisz, Stephen Furnary, Frank Sullivan
The firm began in 1982 in New York as a real estate investment adviser, later operating as ING Clarion under Dutch financial group ING. It built a diversified US commercial property platform spanning office, industrial, retail, multifamily, and specialized sectors.
Legg Mason acquired a majority stake in 2011, and the firm took the Clarion Partners name. Over the following decade it grew into one of the largest privately held US real estate investment managers, running core, value-add, and debt strategies for pension funds and sovereign investors.
Under Franklin Templeton since 2020, Clarion anchors the parent's real estate alternatives capability, with industrial logistics and living sectors among its favored property types in recent cycles.
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About Franklin Templeton, Inc.
Is Franklin Resources the same as Franklin Templeton?
Yes. Franklin Resources, Inc. was the legal name until August 17, 2026, when it became Franklin Templeton, Inc. The NYSE ticker BEN is unchanged.
Is Franklin Templeton publicly traded?
Yes. It trades on the NYSE under ticker BEN.
Who is the CEO of Franklin Templeton?
Jenny Johnson, great-granddaughter of founder Rupert H. Johnson Sr., president and CEO since February 2020.
How much does Franklin Templeton manage?
Approximately $1.8 trillion as of September 30, 2026.
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Did Franklin Templeton buy Legg Mason?
Yes, in July 2020 for about $4.5 billion, adding Western Asset, ClearBridge, Brandywine Global, Martin Currie, Royce, and Clarion Partners.
Does the Johnson family still control Franklin Templeton?
The family holds a substantial ownership position and Jenny Johnson leads the company, but it is a public corporation with majority outside shareholders.
- Founded: 1947
- Headquarters: San Mateo, California, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: BEN
- Revenue: Approximately $7.2 billion adjusted operating revenue (FY2026, ended September 30, 2026)
- Employees: Approximately 10,000
Where Is Clarion Partners Made / Based?
- Headquarters: New York, New York, USA
Clarion Partners Categories & Tags
Brands Owned by Franklin Templeton, Inc.
Finance FintechBenefit Street Partners
Owned by Franklin Templeton, Inc.
New York private credit manager founded in 2008 by Tom Gahan, a specialist alternatives manager of Franklin Templeton focused on middle-market lending.
private-creditalternativesasset-management
Finance FintechBrandywine Global
Owned by Franklin Templeton, Inc.
Philadelphia global macro and fixed income value manager founded in 1986, operating as a specialist investment manager of Franklin Templeton.
asset-managementfixed-incomeglobal-macro
Finance FintechClearBridge Investments
Owned by Franklin Templeton, Inc.
New York fundamental equity manager with roots to 1962, a specialist investment manager of Franklin Templeton focused on active US equity strategies.
asset-managementequityactive-management
Finance FintechFranklin Templeton
Owned by Franklin Templeton, Inc.
The flagship investment brand of Franklin Templeton, Inc., covering mutual funds, ETFs, and managed solutions backed by $1.8 trillion in global AUM.
asset-managementmutual-fundsetf
Finance FintechLexington Partners
Owned by Franklin Templeton, Inc.
New York private equity secondaries pioneer founded in 1994, a specialist alternatives manager majority-owned by Franklin Templeton.
private-equitysecondariesalternatives
Finance FintechMartin Currie
Owned by Franklin Templeton, Inc.
Edinburgh-based equity manager founded in 1881, a specialist investment manager of Franklin Templeton running global, international, and emerging market strategies.
asset-managementequityemerging-markets
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Clarion Partners Ownership: Pros & Cons
Advantages
- +Four decades of US real estate investment experience
- +Diversified platform across property sectors and capital structures
- +Institutional relationships spanning pensions and sovereign funds
Considerations
- -Office sector stress weighs on legacy portfolios
- -Real estate valuations remain sensitive to interest rates
- -Brand visibility limited outside institutional real estate
Frequently Asked Questions About Clarion Partners
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Sources & Further Reading
Competitors to Clarion Partners
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Blackstone | United States | 2017 | Premium | United states | All Genders | |
| Goldman Sachs | USA | 1988 | Premium | Global | Unisex | |
| Jpmorgan Chase | USA | 2021 | Premium | United states | All Genders | |
| Kkr | USA | 1976 | Market leader | Global | All-ages | |
| Tishman Speyer | United States | 1963 | Luxury | United states | All Genders | |
| Metlife | USA | 2019 | Premium | Global | All Genders |
Learn More About Competitors
Finance FintechBREIT
Owned by Blackstone Inc.
Blackstone Real Estate Income Trust, a non-traded REIT managing approximately $57 billion in net asset value across data centers, rental housing, and industrial properties. BREIT returned to positive net flows in 2025 after redemption limits that lasted from November 2022 through March 2024.
real-estateinvestment-trustreit
Finance FintechGoldman Sachs Asset Management
Owned by The Goldman Sachs Group, Inc.
Investment management division of Goldman Sachs overseeing $3.61 trillion in assets under supervision across public markets, alternatives, and wealth clients.
asset-managementinvestingalternatives
Finance FintechJ.P. Morgan Real Estate Income Trust (JPMREIT)
Owned by JPMorgan Chase & Co.
Non-traded NAV REIT sponsored by J.P. Morgan Asset Management, formed in 2021 to invest in stabilized income-generating real estate for individual investors.
reitnon-traded-reitreal-estate
Finance FintechKKR
Owned by KKR & Co. Inc.
Flagship brand of KKR & Co. Inc., the global investment firm, covering its private equity, credit, and real assets investment platforms.
private-equityinvestment-managementalternatives
Real EstateMetLife Building
Owned by Tishman Speyer
58-story Class A office tower at 200 Park Avenue in Midtown Manhattan, fully owned by Irvine Company since 2024. Built in 1963 as the Pan Am Building.
real-estateoffice-towercommercial-property
Finance FintechMetLife Investment Management
Owned by MetLife, Inc.
MetLife Investment Management (MIM) is MetLife's institutional asset management brand, investing the insurer's general account and third-party institutional mandates across fixed income, real estate, and alternatives.
asset-managementinstitutionalfixed-income
Competitive Analysis
Market Positioning: Clarion Partners competes with 6 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Clarion Partners
Looking for brands with different ownership structures? These similar brands are not owned by Franklin Templeton, Inc., giving you alternative choices that support different corporate structures.
Finance FintechNuveen
Owned by Teachers Insurance and Annuity Association of America
American asset management brand with about $1.4 trillion in assets under management, operating as the investment management arm of TIAA since 2014.
asset-managementinvestment-managementmutual-funds
Privately Owned
Nuveen is privately owned, unlike Clarion Partners which is under a publicly traded parent company.
Finance FintechStarwood Real Estate Income Trust (SREIT)
Owned by Starwood Capital Group
Non-traded perpetual-life NAV REIT sponsored by Starwood Capital Group, formed in 2017 to invest in stabilized income-producing real estate for individual investors.
reitnon-traded-reitreal-estate
Privately Owned
Starwood Real Estate Income Trust (SREIT) is privately owned, unlike Clarion Partners which is under a publicly traded parent company.
Finance FintechBarings
Owned by Massachusetts Mutual Life Insurance Company (MassMutual)
Global asset management firm headquartered in Charlotte, North Carolina, and subsidiary of MassMutual, managing investments across fixed income, real estate, and private markets.
asset-managementinvestmentsfixed-income
Privately Owned
Barings is privately owned, unlike Clarion Partners which is under a publicly traded parent company.
Finance FintechCVC Capital Partners
Owned by CVC Capital Partners plc
Global private markets investment brand managing 205 billion euros across private equity, credit, secondaries, and infrastructure funds.
private-equityprivate-marketsasset-management
Privately Owned
CVC Capital Partners is privately owned, unlike Clarion Partners which is under a publicly traded parent company.
Finance FintechBloomberg Terminal
Owned by Bloomberg L.P.
Industry-standard financial data and analytics platform used by approximately 325,000 subscribers at banks, hedge funds, and institutional investors worldwide.
financial-datamarket-dataanalytics
Privately Owned
Bloomberg Terminal is privately owned, unlike Clarion Partners which is under a publicly traded parent company.
Finance FintechBybit
Owned by Bybit Fintech Limited
Dubai-based cryptocurrency exchange, the world's second-largest by trading volume, serving more than 80 million registered users.
crypto-exchangetradingbitcoin
Privately Owned
Bybit is privately owned, unlike Clarion Partners which is under a publicly traded parent company.
Franklin Templeton, Inc. Stock Information
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Jobs at Franklin Templeton, Inc.
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