AUMdb

Benefit Street Partners L.L.C.

SEC-registered Private Fund Manager · Large ($10B–$100B) CRD 158672 · SEC file 801-72843 · New York, NY · WWW.LINKEDIN.COM
☆ Save with Pro ADV data as of Jul 30, 2026
Regulatory AUM
$28.3B
Discretionary
$28.3B
Clients
74
Avg AUM / client
$383M
Accounts
74
Employees
241

AUM over time

$0 $28.3B
Dec 2011 Jul 2026

Annual snapshots from Form ADV filings · as of Jul 30, 2026

Who they serve

Client typeClientsAUM% of AUM
Investment companies 4 $977M 3.45%
Pooled investment vehicles (non-investment companies) 70 $27.3B 96.5%

Private funds (64)

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Reported in Form ADV Section 7.B.(1), filing of Dec 2024 · $27.6B combined gross assets

FundTypeDomicileGross assetsOwners
Benefit Street Partners Debt Fund Iv L.P. Hedge Fund Delaware $2.4B 35
Benefit Street Partners Debt Fund Iv Master (Non Us) L.P. master Hedge Fund Cayman Islands $2.3B 40
Benefit Street Partners Real Estate Opportunistic Debt Fund L.P. master Hedge Fund Delaware $1.7B 12
Bsp Debt Fund V (Non Us) Master L.P. master Hedge Fund Cayman Islands $1.4B 17
Bsp Levered Us Sof Ii (Senior Secured Opportunities) Fund L.P. master Hedge Fund Delaware $1.0B 17
Benefit Street Partners Sma T L.P. Hedge Fund Delaware $831M 2
Providence Debt Fund Iii L.P. Hedge Fund Delaware $767M 47
Benefit Street Partners Clo Vi B, Ltd. Securitized Asset Fund Cayman Islands $634M 5
Bsp Clo Sma I Master Fund L.P. master Hedge Fund Cayman Islands $631M 4
Benefit Street Partners Clo Xxiii, Ltd. Securitized Asset Fund Cayman Islands $606M 4
Benefit Street Partners Clo Xii, Ltd. Securitized Asset Fund Cayman Islands $586M 3
Bsp Debt Fund V L.P. master Hedge Fund Delaware $583M 15
Benefit Street Partners Clo Xviii, Ltd. Securitized Asset Fund Cayman Islands $559M 3
Benefit Street Partners Clo Xxv, Ltd. Securitized Asset Fund Cayman Islands $509M 6
Bsp Special Situations Master A L.P. master Hedge Fund Delaware $508M 67

People (5)

NameRole / titleCredentialsWith firm sinceOwnership
Gahan, Thomas, James Chairman, Chief Investment Officer Feb 2011 (16y) Less than 5%
Manlowe, David, Joseph Chief Executive Officer, Chief Operating Officer Feb 2011 (16y) Less than 5%
Martoken, Bryan, Roger Chief Financial Officer Sep 2012 (14y) Less than 5%
Byrne, Richard, Jan President Apr 2013 (13y) Less than 5%
Gallo, Enrico, Nicholas Chief Compliance Officer Apr 2024 (2y) Less than 5%

Entity owners (Schedule A/B)

EntityTitle / statusSinceSch.Ownership
Franklin Resources, Inc. Sole Member Feb 2019 A 75% or more

Undisclosed: 0% – 25% of the firm is not attributable from the filed Schedule A bands.

Roster from the IAPD representatives feed; ownership and acquisition dates from Form ADV Schedule A/B. "Since" is the earliest filed registration or acquisition date.

Private funds (64, $27.6B gross assets)

FundTypeGross assetsMin. investmentOwners
Benefit Street Partners Debt Fund Iv L.P. Hedge Fund $2.4B $10.0M 35
Benefit Street Partners Debt Fund Iv Master (Non Us) L.P. Hedge Fund $2.3B $10.0M 40
Benefit Street Partners Real Estate Opportunistic Debt Fund L.P. Hedge Fund $1.7B $5.0M 12
Bsp Debt Fund V (Non Us) Master L.P. Hedge Fund $1.4B $10.0M 17
Bsp Levered Us Sof Ii (Senior Secured Opportunities) Fund L.P. Hedge Fund $1.0B $10.0M 17
Benefit Street Partners Sma T L.P. Hedge Fund $831M $450M 2
Providence Debt Fund Iii L.P. Hedge Fund $767M $10.0M 47
Benefit Street Partners Clo Vi B, Ltd. Securitized Asset Fund $634M $0 5
Bsp Clo Sma I Master Fund L.P. Hedge Fund $631M $160M 4
Benefit Street Partners Clo Xxiii, Ltd. Securitized Asset Fund $606M $0 4
Benefit Street Partners Clo Xii, Ltd. Securitized Asset Fund $586M $0 3
Bsp Debt Fund V L.P. Hedge Fund $583M $10.0M 15
Benefit Street Partners Clo Xviii, Ltd. Securitized Asset Fund $559M $0 3
Benefit Street Partners Clo Xxv, Ltd. Securitized Asset Fund $509M $0 6
Bsp Special Situations Master A L.P. Hedge Fund $508M $5.0M 67
Benefit Street Partners Clo Xix, Ltd. Securitized Asset Fund $506M $0 1
Benefit Street Partners Clo X, Ltd. Securitized Asset Fund $505M $0 3
Benefit Street Partners Clo Iv, Ltd. Securitized Asset Fund $502M $0 4
Benefit Street Partners Clo Xvi, Ltd. Securitized Asset Fund $497M $0 1
Benefit Street Partners Clo Viii, Ltd. Securitized Asset Fund $492M $0 3
Benefit Street Partners Clo V B, Ltd. Securitized Asset Fund $485M $0 4
Benefit Street Partners Clo Xiv, Ltd. Securitized Asset Fund $485M $0 3
Benefit Street Partners Clo Xv, Ltd. Securitized Asset Fund $485M $0 3
Benefit Street Partners Clo Xi, Ltd. Securitized Asset Fund $475M $0 3
Benefit Street Partners Clo Xx, Ltd. Securitized Asset Fund $457M $0 4

Top 25 of 64 funds by gross assets · all funds

From Form ADV Section 7.B private fund reporting.

Documents (1 archived)

FormPeriodSize
Form ADV (full filing) 07/07/2026 17 MB View · PDF · Source ↗

Archived copies of the firm's regulatory filings, versioned by content hash.

Disciplinary disclosures

Civil judicial as of Dec 26, 2024

Allegations: ALLEGATIONS OF FALSE AND MISLEADING STATEMENTS IN CONNECTION WITH AN INITIAL PUBLIC OFFERING. Status: Pending Summary: THE ALLEGATIONS CONCERN BERRY CORPORATION AND ITS OFFICERS AND DIRECTORS, INCLUDING MR. BRENT BUCKLEY, AN EMPLOYEE OF BENEFIT STREET PARTNERS L.L.C. THE COMPLAINT ALLEGES THAT MATERIAL AND MISLEADING STATEMENTS WERE MADE IN CONNECTION WITH AN INITIAL PUBLIC OFFERING OF BERRY CORPORATION, WHICH CAUSED THE PRICE OF BERRY CORPORATION TO TRADE AT INFLATED PRICES OVER THE TIME IN QUESTION, RESULTING IN MONETARY DAMAGES TO THE PLAINTIFFS. MR. BUCKLEY HAS INFORMED BENEFIT STREET PARTNERS, L.L.C. THAT OUTSIDE COUNSEL RETAINED BY BERRY CORPORATION BELIEVES THE ALLEGATIONS AS REPRESENTED IN THE COMPLAINT ARE WITHOUT MERIT.

Civil judicial as of Dec 26, 2024

Allegations: ALLEGATIONS OF FALSE AND MISLEADING STATEMENTS IN CONNECTION WITH AN INITIAL PUBLIC OFFERING; BREACHES OF FIDUCIARY DUTY. Status: Pending Summary: STOCKHOLDER DERIVATIVE COMPLAINT BOUGHT BY PLAINTIFF ON BEHALF OF BERRY CORP AGAINST BERRY'S BOARD IN CONNECTION WITH CURRENT ACTION PENDING IN UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF TEXAS UNDER TORRES, ET AL. V. BERRY CORP. ET AL (CIVIL ACTION 3:20-CV-3464-S), CONCERNING BERRY CORPORATION AND ITS OFFICERS AND DIRECTORS, INCLUDING MR. BRENT BUCKLEY, AN EMPLOYEE OF BENEFIT STREET PARTNERS L.L.C. THE COMPLAINT ALLEGES THAT MATERIAL AND MISLEADING STATEMENTS AND BREACHES OF FIDUCIARY DUTY WERE MADE IN CONNECTION WITH AN INITIAL PUBLIC OFFERING OF BERRY CORPORATION, RESULTING IN DECLINES IN BERRY'S STOCK PRICE AND MONETARY DAMAGES TO THE PLAINTIFF. MR. BUCKLEY HAS INFORMED BENEFIT STREET PARTNERS, L.L.C. THAT OUTSIDE COUNSEL RETAINED BY BERRY CORPORATION BELIEVES THE ALLEGATIONS AS REPRESENTED IN THE COMPLAINT ARE WITHOUT MERIT.

Civil judicial as of Dec 26, 2024

Allegations: ALLEGATIONS OF FALSE AND MISLEADING STATEMENTS IN CONNECTION WITH AN INITIAL PUBLIC OFFERING AND VIOLATIONS OF THE EXCHANGE ACT; BREACHES OF FIDUCIARY DUTY. Status: Pending Summary: STOCKHOLDER DERIVATIVE COMPLAINT BOUGHT BY PLAINTIFF ON BEHALF OF BERRY CORP AGAINST BERRY'S BOARD IN CONNECTION WITH CURRENT ACTION PENDING IN UNITED STATES DISTRICT COURT NORTHERN DISTRICT OF TEXAS UNDER TORRES, ET AL. V. BERRY CORP. ET AL (CIVIL ACTION 3:20-CV-3464-S), CONCERNING BERRY CORPORATION AND ITS OFFICERS AND DIRECTORS, INCLUDING MR. BRENT BUCKLEY, AN EMPLOYEE OF BENEFIT STREET PARTNERS L.L.C. THE COMPLAINT ALLEGES THAT MATERIAL AND MISLEADING STATEMENTS AND BREACHES OF FIDUCIARY DUTY WERE MADE IN CONNECTION WITH AN INITIAL PUBLIC OFFERING OF BERRY CORPORATION, RESULTING IN DECLINES IN BERRY'S STOCK PRICE AND MONETARY DAMAGES TO THE PLAINTIFF. MR. BUCKLEY HAS INFORMED BENEFIT STREET PARTNERS, L.L.C. THAT OUTSIDE COUNSEL RETAINED BY BERRY CORPORATION BELIEVES THE ALLEGATIONS AS REPRESENTED IN THE COMPLAINT ARE WITHOUT MERIT.

Disclosure text reproduced verbatim from the firm's own Form ADV filings.

How they charge

  • Percentage of assets under management
  • Performance-based fees

Services

  • Portfolio management for investment companies
  • Portfolio management for pooled investment vehicles

Custody

Reported custodians

Amounts as reported in ADV Item 5.K.(3) (custodians holding 10%+ of SMA assets).

Firm reports having custody of client funds or securities (Item 9.A).

Source

All data on this page comes from this firm's Form ADV filings, reproduced without modification. Latest filing: Jul 30, 2026.

View current Form ADV (SEC/IAPD) ↗