Franklin Templeton announced the appointment of John Ivanac as Senior Vice President and Consultant Adviser, US Institutional Services, focused on alternative investment capabilities in the US. Ivanac is based in the firm's New York City office and reports to Mike Foley, Head of US Institutional Services, who oversees Franklin Templeton's US institutional direct sales, consultant relations and relationship management teams and serves as an essential liaison to institutional distribution leaders at the firm's independent specialist investment managers. In this new role, Ivanac will work closely with the relationship management teams and serve as a key liaison with clients and consultants.

Ivanac will be focused specifically on the firm's alternative investment capabilities to help address the expanding solutions clients and consultants need for their portfolios Ivanac has more than 17 years of industry experience, with a concentration in alternatives. He joins Franklin Templeton from Partners Group, a global private markets firm where he served as a Managing Director within the Client Solutions team and was US Head of Consultant Relations. Prior to this role, Ivanac was Global Head of Alternatives for BlackRock's Consultant Relations team where he was a key player in the firm's global strategy to commercialize alternative investment strategies.

He has also held roles with TCW Group, Scoggin Capital Management and Barclays Wealth & Investment Management, all of which focused on alternatives business development. Ivanac graduated from Rutgers College in 1992 with a bachelor's degree in economics and earned a Juris Doctorate from St. John's University School of Law in 1995.