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
Contact us
Please contact us for any questions on our products or services.
By email
Our knowledge hub
Insight
Private Markets Insights: Private Equity Secondaries - A primary allocation
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 funds offer different paths to private markets - understanding their strengths can help investors optimise allocations.
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.
Insight
2024 Alternative Investment Outlook: Challenges create opportunities
Many of the same issues that impact traditional investments also impact alternative investments. Explore our outlook for private credit, private equity, real estate, and hedge funds.
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 Specialized 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.
Important Information
Investments entail risks, the value of investments can go down as well as up and investors should be aware they might not get back the full value invested.
Individual securities mentioned are intended as examples only and are not to be taken as advice nor are they intended as a recommendation to buy or sell any investment or interest.
Investment risks
Private credit investments including private debt and loans are suitable only for investors who can bear the risks associated with private market investments with potential limited liquidity.