Benefit Street Partners

What is Benefit Street Partners?

Benefit Street Partners (BSP) is a credit-focused alternative asset manager based in New York, New York, with a comprehensive approach to credit markets. Founded in 2008 as an affiliate of Providence Equity Partners, BSP has grown to manage strategies across the entire credit spectrum.

They primarily engage in direct lending, high yield, leveraged loans, private or opportunistic debt, liquid credit, structured credit, and commercial real estate debt. BSP aims for the best risk-adjusted returns through a flexible and disciplined investment process, aligning with its belief that successful investing begins with ambition.

In line with seeking diverse credit opportunities, BSP customizes investments in sectors such as software, IT & TMT, gaming & eSports, among others.

Each of these areas presents a dynamic ecosystem where BSP leverages its extensive experience to generate value through multiple business cycles.

They target investments with a minimum and maximum of $981,200,000, a sizable commitment that symbolizes their capacity to undertake significant transactions while delivering consistent performance. With $77 billion in assets under management, 498 employees, and 178 investment professionals spread across four offices, their expansive footprint allows them to administer a varied suite of credit funds and separately managed accounts effectively.

As part of their larger group, Franklin Templeton, BSP upholds a commitment to responsible investing, ensuring that their practices align with broader economic and social goals. Additionally, the group makes concerted efforts to be transparent, as represented by the detailed information and updates provided about their investments, business, and funds through various platforms like newsletters, press releases, and podcasts.