About Benefit Street Partners

Benefit Street Partners is a leading credit-focused alternative asset manager, utilizing a multi-strategy approach targeting attractive opportunities in the global credit markets.

$49bn

Asset under management1,3

279

Employees2

3

Offices

105

Investment professionals3

16

Years of credit investing4

At-a-glance

Our established teams offer a broad spectrum of investment capabilities across private credit, special situations, structured credit and commercial real estate credit with multi-functional credit markets expertise 

Demonstrated credit discipline

  • Emphasis on downside risk management
  • Low loss rates across the various strategies
  • Focus on underwriting each credit on a deal-by-deal basis

Scaled and integrated platform

  • Robust platform with a large team of credit professionals
  • Investment expertise that spans across the credit spectrum
  • Ability to leverage in-house research team

Experience investing across the credit spectrum

  • Experience investing across multiple cycles/market downturns
  • Flexibility to invest across the capital structure to capture best risk-adjusted returns
  • Opportunistic investing based on market conditions

Deep experience across the credit spectrum

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AUM amounts are approximations as of June 30, 2025 and are unaudited.

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The power of private credit

Franklin BSP Private Credit Fund (the Fund) offers investors access to a diversified, multi-strategy solution targeting attractive opportunities across the credit market within the convenience and oversight of a continuously offered, closed-end interval fund.

Connect with an expert

Your Franklin Templeton Alternatives Director can share insights about the Fund, discuss how the Fund can help you build a better portfolio and even guide you through the process of placing a trade at your firm.

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Knowledge hub

We predicted the storm in commercial real estate: How bad was it? How did we do? And what’s next?

Michael Comparato, Head of Commercial Real Estate at Benefit Street Partners discusses where things stand, the robust opportunity set that remains, and what to expect after the storm moves on for real.

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Private credit

Earn CE credit while examining the merits of private credit and how they compare to public market equivalents. Distinguish between the different types of private credit options (direct lending, mezzanine, and distressed), and the related return, risk and income characteristics.

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CREdge: Navigating the complexities of CRE in 2025

Benefit Street Partners believes investors and financial advisors can navigate the complexities of the CRE market and capitalize on emerging opportunities by staying informed about interest rate movements and market trends.

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Public insights on private credit: The evolving landscape of upper-middle-market direct lending

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Past performance is not necessarily indicative of future results. Any investment involves significant risks, including loss of the entire investment.

  1. AUM refers to the assets under management for all credit funds and separately managed accounts managed and administered by BSP. AUM amounts are approximations as of June 30, 2025 and are unaudited. Certain amounts are preliminary and remain subject to change.
  2. As of June 30, 2025.
  3. Includes pro forma amounts for the merging of Benefit Street Partners Realty Trust (“BSPRT”) and Capstead Mortgage Corporate (“Capstead”) and anticipated deleveraging of the post-combination portfolio.
  4. BSP’s credit business began in 2008 with the launch of Providence Equity Capital Markets L.L.C. ("PECM"), BSP's former affiliate. PECM is the investment adviser for Fund I and II and as of 2011, BSP is the sub-adviser.

Important Information

Most funds offer multiple share classes. Share classes are subject to different fees and expenses, which will affect their performance.

Certain share classes are only offered to eligible investors as stated in the prospectus. Different minimums may apply to clients of certain service agents. All classes of shares are not available through all distribution channels. See the Fund's prospectus for additional information.

CFA® and Chartered Financial Analyst® are trademarks owned by CFA Institute.

Indexes are unmanaged and one cannot invest directly in an index. They do not reflect any fees, expenses or sales charges.

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Investors should carefully consider a fund's investment goals, risks, sales charges and expenses before investing. The prospectus contains this and other information. Please read the prospectus carefully before investing or sending money.

Franklin Distributors, LLC. Member FINRA, SIPC. All entities mentioned are Franklin Templeton affiliates companies. Prior to July 7, 2021, Franklin Templeton Distributors, Inc., and Legg Mason Investor Services, LLC served as mutual fund distributors for Franklin Templeton. Investment Products: NOT FDIC INSURED | NO BANK GUARANTEE | MAY LOSE VALUE. Reports and other information about the fund are available on the EDGAR Database on the SEC's Internet site at https://www.sec.gov/