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About Benefit Street Partners

An alternative credit pioneer that seeks to deliver attractive returns through its relationships, specialist expertise and global reach

US$93B

Assets under management

8

Offices

20+

Years investing in private credit

Data as of 1/31/2026.

Why BSP

Why BSP
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Our expertise

With $93bn in assets under management, Benefit Street Partners (BSP) is an alternative credit pioneer. Focusing exclusively on credit, building deep expertise across direct lending, structured credit, liquid credit, special
situations, infrastructure debt and real estate debt.

Demonstrated credit discipline

  • Emphasis on downside risk management

  • Low loss rates across the various strategies

  • Focus on underwriting each credit on a deal-by-deal basis

Scaled and integrated platform

  • Robust platform with a large team of credit professionals

  • Investment expertise that spans across the credit spectrum

  • Ability to leverage in-house research team

Experience across the credit spectrum

  • Experience investing across multiple cycles/market downturns

  • Flexibility to invest across the capital structure with the goal of capturing the best risk-adjusted returns

  • Opportunistic investing based on market conditions

Deep experience across the credit spectrum

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AUM amounts are approximations as of 31/01/2026 and are unaudited.

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Contact us

Please contact us for any questions on our products or services.

 

Our knowledge hub

Evergreen principles for liquidity sleeve management

Effective liquidity management is crucial for evergreen funds, and this paper delves into the strategic design and dynamic adjusting of liquidity sleeves to balance accessibility of capital and optimal investment performance.

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Private Markets Insights: Private Equity Secondaries - A primary allocation

Private equity is at a turning point, with investors and advisors exploring the best ways to allocate across sub-strategies. There is a compelling case for private equity secondaries serving as the cornerstone of a core/satellite evergreen model.

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Private Markets Insights: Not a simple open and closed case

Evergreen and closed-ended funds offer different paths to private markets - understanding their strengths can help investors optimise allocations.

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Alternatives education by Franklin Templeton Academy

The Franklin Templeton Academy Alternatives program empowers partners to navigate alternative investments confidently. Visit our Franklin Templeton Academy section to find out more information on our alternatives training programs for financial professionals. 

Learn more now

Glossary

Private credit/debt:

typically invest in non-listed debt issues, including bonds, notes, and loans issued by private companies. Private credit/debt has the potential to provide greater returns, control and reduced liquidity, than public markets.

Alternative credit:

invests in below-investment-grade fixed income sectors that are relatively illiquid. Alternative credit may not be available to investors for direct investment as individuals but can be accessed through professionally managed traditional mutual funds.

Special situations:

involve investments in distressed or event-driven opportunities, such as companies undergoing financial restructuring, bankruptcy or significant corporate events.

Structured credit:

involves investments in complex financial products, such as mortgage-backed securities or other asset-backed securities, which are created by pooling various debt instruments and redistributing their risks and returns.

Collateralised loan obligations:

(CLOs) are securities backed by a diversified pool of corporate loans. They are structured in tranches, with varying levels of risk and return, providing investors with a way to invest in leveraged loans with a spread of risk.

Benefit Street Partners is a Specialized Investment Manager (“SIM”), part of the Franklin Templeton Group.

Important Information

Investments entail risks, the value of investments can go down as well as up and investors should be aware they might not get back the full value invested.

Individual securities mentioned are intended as examples only and are not to be taken as advice nor are they intended as a recommendation to buy or sell any investment or interest.

Investment risks

Private credit investments including private debt and loans are suitable only for investors who can bear the risks associated with private market investments with potential limited liquidity.