US$79B
Assets under management
4
Global locations
35+
Combined years investing in private credit
Our expertise
Our US and European credit platforms offer comprehensive investment expertise across the entire credit spectrum in both private and public markets. Our established teams possess extensive experience in deploying capital across the capital structure, navigating multiple business cycles with proven success.
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
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Robust platform with a large team of credit professionals
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Investment expertise that spans across the credit spectrum
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Ability to leverage in-house research team
Experience across the credit spectrum
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Experience investing across multiple cycles/market downturns
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Flexibility to invest across the capital structure to capture best risk-adjusted returns
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Opportunistic investing based on market conditions
Our knowledge hub
Insight
Private equity secondaries: A primary allocation in an evergreen private equity portfolio
Private equity is at a turning point, with investors and advisors exploring the best ways to allocate across sub-strategies. There is a compelling case for private equity secondaries serving as the cornerstone of a core/satellite evergreen model.
Insight
Private Markets Insights: Not a simple open and closed case
Evergreen and closed-ended / drawdown funds offer different paths to private markets - understanding their strengths can help investors optimise allocations.
Insight
What do tariffs mean for commercial real estate and CRE debt?
Benefit Street Partners believes that although stock market volatility is unsettling, it is not a cause for concern in the CRE sector. Instead, we should expect increased demand for CRE debt investments over the coming months and quarters.
Insight
Unlocking opportunities: Understanding the growing secondary market
The global secondary market has grown over the past three decades primarily because of the increased supply of capital committed to private investment funds, according to Lexington Partners. They believe the backdrop for the secondary market continues to remain attractive.
Glossary
Private credit/debt:
typically invest in non-listed debt issues, including bonds, notes, and loans issued by private companies. Private credit/debt has the potential to provide greater returns, control and reduced liquidity, than public markets.
Alternative credit:
invests in below-investment-grade fixed income sectors that are relatively illiquid. Alternative credit may not be available to investors for direct investment as individuals but can be accessed through professionally managed traditional mutual funds.
Special situations:
involve investments in distressed or event-driven opportunities, such as companies undergoing financial restructuring, bankruptcy or significant corporate events.
Structured credit:
involves investments in complex financial products, such as mortgage-backed securities or other asset-backed securities, which are created by pooling various debt instruments and redistributing their risks and returns.
Collateralised loan obligations:
(CLOs) are securities backed by a diversified pool of corporate loans. They are structured in tranches, with varying levels of risk and return, providing investors with a way to invest in leveraged loans with a spread of risk.
Benefit Street Partners/Alcentra is a Specialist Investment Manager (“SIM”), part of the Franklin Templeton Group. Franklin Resources, Inc. acquired BNY Alcentra Group Holdings, Inc (“Alcentra”) from an affiliate of The Bank of New York Mellon Corporation on 1 November 2022.
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In addition, a summary of investor rights is available from here. The summary is available in English and Chinese.
The fund(s)/ sub-fund(s) are notified for marketing in various regions under the AIFMD Directive. The fund(s)/ sub-fund(s) can terminate such notifications for any share class and/or sub-fund at any time by using the process contained in Article 32a of the AIFMD Directive.
For the avoidance of doubt, if you make a decision to invest, you will be buying units/shares in the fund(s)/ sub-fund(s) and will not be investing directly in the underlying assets of the fund(s)/ sub-fund(s).
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