Clients
Benefit Street Partners Limited serves 42 clients, 41 of them pooled investment vehicles. The average client has about $538 million with the firm.
- Investment companies1 clients2%
- Pooled investment vehicles41 clients90%
- Pension and profit-sharing plans8%
Show client breakdownHide client breakdown
| Client type | Clients | Regulatory AUM | Share | Avg. per client |
|---|---|---|---|---|
| Investment companies | 1 | $461,622,362 | 2.0% | $461.6M |
| Pooled investment vehicles | 41 | $20,408,521,610 | 90.2% | $497.8M |
| Pension and profit-sharing plans | Not reported | $1,744,491,440 | 7.7% | — |
| Total | 42 | $22,614,635,412 | 100% | $538.4M |
- Clients
- 1
- Regulatory AUM
- $461,622,362
- Share
- 2.0%
- Avg. per client
- $461.6M
- Clients
- 41
- Regulatory AUM
- $20,408,521,610
- Share
- 90.2%
- Avg. per client
- $497.8M
- Clients
- Not reported
- Regulatory AUM
- $1,744,491,440
- Share
- 7.7%
- Avg. per client
- —
Total
- Clients
- 42
- Regulatory AUM
- $22,614,635,412
- Share
- 100%
- Avg. per client
- $538.4M
What it does
Benefit Street Partners Limited provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions. It is paid through a percentage of assets and performance-based fees.
Benefit Street Partners Limited advises 34 private funds.
97.7% of assets ($22.09B across 48 accounts) are managed with discretion; $526.8M across 2 accounts are not. 91% of clients are outside the U.S., and 0 clients received advice without assets under management last fiscal year.
What the accounts hold
- Stocks9%
- Non-exchange-traded equities5%
- Exchange-traded equities4%
- Funds1%
- Bonds1%
- Cash6%
- Other83%
- Clo debt notes, bank debt investment and unfunded commitments.83%
Custodians
Benefit Street Partners Limited’s client accounts are held mainly at State Street Bank and Trust, with 3% of managed assets, and J.P. Morgan, with 3%. Benefit Street Partners Limited has custody of $6.15B for 10 clients.
- State Street Bank and TrustState Street Bank and Trust Company · Boston, MA · $746.2M3%
- Mitsubishi Ufj Investor Services & Banking (luxembourg) S.a.,Mitsubishi Ufj Investor Services & Banking (luxembourg) S.a., · Luxembourg · $262.9M1%
- J.P. MorganJ.P. Morgan Se Amsterdam Branch · Amsterdam · $735.4M3%
- All other custodians$20.87B92%
Ownership and leadership
BSP Asset Management Limited owns 75% or more of Benefit Street Partners Limited.
- Owns 75% or more of Benefit Street Partners Limited
BSP Asset Management Limited
Control person · since January 2006
- Owns 75% or more of BSP Asset Management Limited
BSP Group Holdings Inc
Control person · since January 2006
- Owns 75% or more of BSP Group Holdings Inc
Franklin Resources Inc.
Control person · since November 2022
Leadership
- Ben WoodleyChief Compliance Officer
- Cathy BevanDirector
- Henry SchochChief Accounting Officer, Director
- Daire WheelerDirector
Staff
- 164 employees
- 45 in advisory functions
Fees
Benefit Street Partners Limited is paid through a percentage of assets under management and performance-based fees.
Benefit Street Partners Limited’s fee rates are not included in this profile. Find its brochure on the SEC’s site.
Offices and registrations
Besides its headquarters, Benefit Street Partners Limited has 0 offices, with 1 listed address with no US state reported.
Other business names
Benefit Street Partners Limited has reported 4 other business names to the SEC.
- Alcentra MF II GP Limited
- Alcentra S.a.r.l
- Alcentra Uk DLF GP Limited
- Clareant Jersey GP Limited Partnership
Registration details
- Legal name
- Benefit Street Partners Limited
- Headquarters
- 78 Cannon Street, London, United Kingdom EC4N 6HL
- Phone
- 4402033983200
- Website
- Not reported
- SEC file
- 801-74223
- Structure
- other (specify) organized in United Kingdom
- Fiscal year end
- December
This directory does not report disciplinary history, for any firm or individual, in either direction. The SEC publishes the complete record, including any disciplinary events, and it is the authoritative place to check one. See this firm's record on adviserinfo.sec.gov
Common questions
How many clients does Benefit Street Partners Limited have?
Benefit Street Partners Limited has 42 clients and manages $22.6 billion for them, as of May 2026. They include 41 pooled investment vehicles and 1 investment companies.
Source: Form ADV Part 1A, Items 5.D and 5.F, filed 7 May 2026
What services does Benefit Street Partners Limited offer?
Benefit Street Partners Limited provides portfolio management for investment companies, portfolio management for pooled vehicles and portfolio management for institutions.
Source: Form ADV Part 1A, Item 5.G, from the SEC's 2 October 2026 data file
Which custodians does Benefit Street Partners Limited use?
Benefit Street Partners Limited’s separately managed account assets are held at State Street Bank and Trust Company (Boston, MA), with $746,214,634, J.P. Morgan Se Amsterdam Branch (Amsterdam), with $735,423,715 and Mitsubishi Ufj Investor Services & Banking (luxembourg) S.a., (Luxembourg), with $262,853,091. Only custodians holding at least a tenth of those assets are named.
Source: Form ADV Part 1A, Schedule D, Section 5.K.(3), filed 7 May 2026
How many financial advisors does Benefit Street Partners Limited have?
Benefit Street Partners Limited has 0 investment adviser representatives registered with state securities authorities, out of 164 employees, and 45 perform investment advisory functions. None are registered representatives of a broker-dealer or licensed insurance agents.
Source: Form ADV Part 1A, Items 5.A and 5.B, from the SEC's 2 October 2026 data file
What does Benefit Street Partners Limited invest in?
At the end of its last fiscal year, Benefit Street Partners Limited’s separately managed accounts held 83% clo debt notes, bank debt investment and unfunded commitments., 6% cash and equivalents, 5% non-exchange-traded equities, 4% exchange-traded equities, 1% high-yield corporate bonds and 1% pooled vehicles (private funds and similar). It advises 34 private funds.
Source: Form ADV Part 1A, Items 5.K.(1) and 7.B, from the SEC's 2 October 2026 data file
Who owns Benefit Street Partners Limited?
Benefit Street Partners Limited is owned through a chain of holding companies by Franklin Resources Inc. Its direct owner is BSP Asset Management Limited (75% or more).
Source: Form ADV Part 1A, Schedules A and B, filed 7 May 2026
How does Benefit Street Partners Limited get paid?
Benefit Street Partners Limited is paid through a percentage of assets under management and performance-based fees. Its Form ADV lists no commissions among how it is paid.
Source: Form ADV Part 1A, Item 5.E, from the SEC's 2 October 2026 data file