Benefit Street Partners
An alternative credit pioneer that seeks to deliver attractive returns through its relationships, specialist expertise and global reach.
At-a-glance
With $93bn in assets under management, Benefit Street Partners (BSP) is an alternative credit pioneer. Focusing exclusively on credit, building deep expertise across direct lending, structured credit, liquid credit, special situations, infrastructure debt and real estate debt.
Why BSP?
Demonstrated credit discipline
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Emphasis on downside risk management
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Low loss rates across the various strategies
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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
Assets under management
AUM amounts are approximations as of 01/31/2026 and are unaudited3.
Franklin BSP Lending Fund (the Fund) provides access to a portfolio anchored in direct lending and seeks to generate consistent income, provide diversification benefits, and lower volatility compared to public credit markets.
Connect with an expert
Your Franklin Templeton Private Markets Director can share insights about investing in private credit.
Knowledge hub
Go to knowledge hub
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.
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.
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.
Past performance is not necessarily indicative of future results. Any investment involves significant risks, including loss of the entire investment.
- 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 01/31/2026 and are unaudited. Certain amounts are preliminary and remain subject to change.
- As of 03/31/2026.
- Liquid Funds" include high yield, loans, and multi credit strategies. For "Structured Credit" closed-end structured credit included is committed capital. Excludes assets within multi-credit mandates that the structured credit team manages. For "Infrastructure Debt", Infrastructure AUMs are calculated on a committed basis.
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.
Important data provider notices and terms available at https://www.franklintempletondatasources.com/
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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/