Franklin Templeton’s US and European alternative credit businesses, Benefit Street Partners and Alcentra, have now aligned under an updated Benefit Street Partners (BSP) brand.
The move is the final step in BSP and Alcentra’s integration – two alternative credit firms that Franklin Templeton acquired in 2019 and 2022 respectively – and reflects increasing investor demand for a specialist global credit platform with expertise across the full spectrum of the asset class.
David Manlowe, CEO of BSP, said: “This alignment under a unified brand is a natural next step for our combined global platform, which has become increasingly integrated in recent years and already shares world-class research, distribution, as well as operational teams and infrastructure.
“Critically, this move ensures we are optimally positioned to meet our clients’ evolving alternative credit needs, including exposure to new asset classes and geographies around the world, leveraging our global platform and institutional capabilities to support the full scope of our investors’ ambitions.”
