# Benefit Street Partners

Benefit Street Partners is an Asset Manager based in New York, United States.

## Overview

- **Organization type:** Asset Manager
- **Headquarters:** New York, United States
- **Region:** Europe
- **Address:** New York, NY, United States
- **Founded:** 2008
- **Assets under management:** $93B (as of March 31, 2026)
- **Website:** bspcredit.com
- **LinkedIn:** https://www.linkedin.com/company/benefit-street-partners

## Regulatory record

- **CRD number:** 158672
- **SEC file number:** 801-72843
- **Registration status:** Registered
- **Reports private funds:** Yes
- **IAPD record:** https://adviserinfo.sec.gov/firm/summary/158672

## About

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).

## Sectors

- Private Credit
- Real Estate
- Infrastructure
- Hedge Funds
- Secondaries & Special Situations

## Offices

- Boston, MA
- London, United Kingdom
- Ellicott City, MD
- San Francisco, CA
- Dallas, TX

## People

- David Manlowe — Chief Executive Officer
- Richard Byrne — President
- Thomas Gahan — Executive Chairman
- Allison Davi — Co-COO and Head of Business Development
- Bryan Martoken — Co-COO and Chief Financial Officer
- Blair Faulstich — Senior Managing Director, Head of US Direct Lending and Portfolio Manager

## Questions

### What is Benefit Street Partners' current AUM?

Approximately $93 billion as of March 31, 2026 (per official website; includes assets managed and administered by BSP Group or Apera; unaudited approximation).

### When was Benefit Street Partners founded?

2008, launching its US Private Debt strategy as an early pioneer in alternative credit (per official website history).

### Who owns Benefit Street Partners?

It is a wholly owned subsidiary of Franklin Templeton, one of the world's largest asset managers, while retaining full investment and operational independence (per official website).

### What are Benefit Street Partners' primary investment strategies?

Exclusive focus on alternative credit: direct lending, structured credit, liquid credit, special situations, infrastructure debt, multi-asset credit, CLOs, real estate, and public/registered funds (per official website).

### Where is Benefit Street Partners headquartered?

One Madison Avenue, Suite 1600, New York, NY 10010, USA, with additional offices in Boston, West Palm Beach, London, and shared locations with Franklin Templeton (per official contact page).

## Related profiles

- [BR Investimentos](https://altss.com/profile/br-investimentos)
- [Samchully Asset Management](https://altss.com/profile/samchully-asset-management)

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Last updated: 2026-07-17T19:22:51.000Z

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