BENEFIT STREET PARTNERS LIMITED
BENEFIT STREET PARTNERS LIMITED is a Series C+ and debt fund in the US, Europe, Middle East, Africa and United Kingdom investing in credit, direct-lending, structured-credit, liquid-credit, special-situations, infrastructure-debt and real-estate-debt.
- Stages
- Series C+, debt
- Sectors
- credit, direct-lending, structured-credit, liquid-credit, special-situations, infrastructure-debt, real-estate-debt
- Invests in
- US-wide, Europe, Middle East, Africa, United Kingdom
- Actively investing
- Yes
- Founded
- 2008
- Assets under management
- $93B
Check size not disclosed
Thesis
Benefit Street Partners (BSP) is a credit-focused alternative asset management firm founded in 2008 and headquartered in New York City. As a subsidiary of Franklin Templeton Investments, BSP manages approximately $93 billion in AUM as of early 2026. The firm's investment thesis centers on generating attractive risk-adjusted returns through deep specialization in credit, encompassing direct lending, structured credit, liquid credit, special situations, infrastructure debt, and real estate debt. Their strategy involves a flexible approach across the capital structure, emphasizing disciplined underwriting, downside risk management, and low loss rates. BSP primarily targets North American middle-market companies for direct lending, focusing on sponsor and non-sponsor lending, with a preference for privately originated, floating-rate, senior secured loans. They also engage in special situations, CLOs, real estate debt, liquid credit, and structured credit. BSP has successfully closed significant funds, such as BSP Debt Fund V ($4.7B) and BSP Real Estate Opportunistic Debt Fund II ($10B).
Common questions
Does BENEFIT STREET PARTNERS LIMITED invest at the Series C+ stage?
Yes. BENEFIT STREET PARTNERS LIMITED lists Series C+ and debt among the stages it invests in.
Where does BENEFIT STREET PARTNERS LIMITED invest?
BENEFIT STREET PARTNERS LIMITED invests in the US, Europe, Middle East, Africa and United Kingdom.