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Benefit Street Partners
Fund manager

Profile Overview
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About Benefit Street Partners

Benefit Street Partners (BSP), headquartered in New York, with additional offices in Charlotte, Houston, Providence and San Francisco, is a credit-focused alternative asset management firm. It makes global investments using strategies including distressed debt, private debt and direct lending, long-short liquid credit, long-only credit and commercial real estate debt.Its direct lending strategy is used to fill the funding gap for small and mid-sized businesses through providing flexible financing solutions. The firm primarily focus on non-sponsored, non-syndicated lending opportunities across all sectors, which may include senior secured loans, unitranche loans, unsecured loans and preferred equity investments.BSP is open to forming separately managed accounts with investors seeking out tailored strategies to meet their individualized specifications. The firms tailored strategies include middle market private debt, long-short liquid credit, long-only credit and commercial real estate debt.BSP also managed Business Development Corporation of America (""BDCA""), a non-traded business development company that primarily invests in debt of middle market companies. BDCA provides flexible financing solutions across the capital structure and in a variety of industries.As of February 2019, Franklin Templeton Investments has completed the acquisition of BSP.

Investment Strategy

Distressed PE

Key Facts
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Funds Managed

6 funds found in our dataset.

Strategy Snapshot
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Investment Criteria

Investing across credit spectrum from senior secured debt to subordinated debt, including liquid and illiquid credit

Deal Types

Direct LendingSpecial SituationsStructured CreditHigh Yield

Target Industries

Commercial Real Estate

Geographic Focus

["North America", "United Kingdom"]

Overview
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Funds Managed
Committed capital by fund