Capstead Mortgage Corporation

Benefit Street Partners (BSP) is a prominent credit-focused alternative asset management firm established in New York in 2008. As a wholly owned subsidiary of Franklin Templeton, BSP manages a substantial portfolio, reaching $78 billion in assets under management as of March 2025. The firm adopts a flexible and disciplined investment approach, consistently seeking to achieve optimal risk-adjusted returns across various market cycles.

BSP's expertise spans the entire credit spectrum, encompassing a broad range of strategies including private/opportunistic debt, structured credit, high yield, special situations, and commercial real estate. While they primarily operate as an asset manager, their management of Franklin BSP Realty Trust (FBRT) highlights their involvement in originating, acquiring, and managing commercial real estate debt. This focus positions them as a key player in the commercial mortgage sector, particularly for middle-market real estate.

With a team comprising 496 employees and 168 investment professionals as of March 2025, BSP leverages proprietary sourcing and analytical capabilities to deliver on its investment objectives. Their commitment to robust institutional platforms and comprehensive credit strategies underscores their aim to provide superior long-term value and expertise to both institutional and high-net-worth investors.