Franklin Templeton Investments has named William Yun executive vice president of alternatives strategies. The new role is dedicated to overseeing the firm’s specialized and alternative investment business, which includes local asset management, joint ventures, real estate, fund of funds and dedicated private equity.
Yun will have responsibility for overseeing both the investment and business sides of the company’s asset management joint ventures, including those in Vietnam, China and Dubai.
Yun previously served as president of Franklin Templeton Institutional.
“Our business continues to expand in markets worldwide and we believe that establishing a dedicated alternative investments platform for our specialized investment groups will best position us to capitalize on the strong growth and interest we have seen in these areas,” said CEO Greg Johnson.