Benefit Street Partners

Benefit Street Partners

Benefit Street Partners L.L.C. (BSP) is a leading alternative credit manager and wholly owned subsidiary of Franklin Templeton, focusing exclusively on credit strategies. Founded in 2008 as an early pioneer in the space, BSP builds deep expertise across direct lending, structured credit, liquid credit, special situations, infrastructure debt, and real estate debt. The firm seeks to deliver attractive risk-adjusted returns through specialist relationships, global reach, and solutions-driven approaches for institutional and individual investors worldwide. As a wholly owned subsidiary of Franklin Templeton, BSP benefits from institutional scale and resources while retaining full investment and day-to-day operational independence. The platform expanded through the 2022 acquisition of Alcentra, adding European expertise, and the subsequent integration of Apera Asset Management, creating one of the most diversified global alternative credit platforms. Today, BSP manages approximately $93 billion in assets under management for investors worldwide (per official website as of March 31, 2026; AUM refers to assets managed and administered by BSP Group or Apera, unaudited approximations). Headquartered in New York with offices across North America, Europe, and Asia Pacific, BSP maintains a collaborative culture guided by long-tenured leadership through multiple market cycles (per official website history and about pages).