Franklin Templeton’s U.S. and European alternative credit businesses, Benefit Street Partners and Alcentra, have aligned under an updated Benefit Street Partners (BSP) brand.
The move is the final step in BSP and Alcentra’s integration – two pioneering 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. A refreshed logo and new website domain accompany the brand alignment, and Alcentra branded funds this week start to take on the BSP name. Overall, Franklin Templeton’s alternative credit platform – which also includes direct lender Apera – is on track to exceed $100 billion in assets under management (AUM) in 2026.
According to new research also published today by BSP, which surveyed 135 global institutional investors with a combined AUM of $8 trillion, around 93 percent of globa
