Skip to content

Overview

Benefit Street Partners (‘BSP’) Special Situations Strategy targets deep value, stressed or distressed credit investments by identifying complex situations where the team can directly influence outcomes in order to generate excess returns for investors. The strategy invests in instruments at any level of an issuer's capital structure, targeting a balanced portfolio construction of senior secured and more junior tranches of the capital structure.

Key Features

Invests in complex situations that are misunderstood by the market, allowing the team to spearhead processes and construct solutions

Focus on downside protection, where investments have predetermined value from saleable assets or businesses, assets on the balance sheet and/or forward debt capacity that exceed BSP’s cost basis

Accumulate meaningful positions in debt securities where BSP can seek a leading role to drive successful outcomes and create additional alpha

Other Strategies to Consider

Contact us to learn about our investment capabilities

Important Information

This material is intended to be of general interest only and should not be construed as individual investment advice or a recommendation or solicitation to buy, sell or hold any security or to adopt any investment strategy. All investments involve risks, including possible loss of principal. There is no guarantee that a strategy will meet its objective. The value of shares and income received can go down as well as up and investors may not get back the full amount invested. Performance may also be affected by currency and exchange-rate fluctuations. Reduced liquidity may affect the ability to sell assets and have a negative impact on the price of the assets. Currency fluctuations may affect the value of overseas investments. Where a strategy invests in emerging markets, the risks can be greater than in developed markets. Where a strategy invests in derivative instruments, this entails specific risks that may increase the risk profile of the strategy. Where a strategy invests in a specific sector or geographical area, the returns may be more volatile than a more diversified strategy. Investments may also be exposed to operational risks, being the risk that operational processes may fail, resulting in losses as well as other risks (that can be outside of their control).