DFX Intelligence

RIA Intelligence

Registered investment advisers, the advisors registered through them, the capital they report, the private vehicles they run and the people who own them, as a graph with a filing date behind every number. RAUM is what the adviser filed, a move is two registration dates, and a class is a rule you can read.

SEC-registered adviser

Benefit Street Partners L.L.C.

Asset manager (funds and pooled vehicles)New York, New YorkCRD 158672SEC 801-72843websiteIAPD
Latest filing Jul 30, 2026
First filing on the tape Mar 30, 2012 · 71 filings
SEC status approved since Nov 9, 2011
RAUM
$28B
reported, Item 5.F
Discretionary
100%
of RAUM
Private clients
0.0%
$0 individuals and HNW
Advisors
0
registered through the firm on IAPD
RAUM per advisor
n/a
derived; firm RAUM over IAPD count
Employees
241
110 advisory (5.B.1)
Offices
4
beyond the principal office
Private funds
71
reported on Schedule D
History
71 filings and snapshots on the tape
RAUM$28B as of Jul 30, 2026
Mar 30, 2012$0 then
HNW client RAUM$0 as of Jul 30, 2026
Mar 31, 2026$0 then
State-registered IARs (5.B.3)0 as of Jul 30, 2026
Mar 30, 20120 then
Employees (5.A)241 as of Jul 30, 2026
Apr 1, 201325 then
Private funds71 as of Jul 30, 2026
Mar 30, 20121 then
RAUM +1.5% over the last fiscal year+1.2% a year over threeIARs 0 to 0
Practice profile
derived from the filing of Jul 30, 2026; every figure names its basis
RAUM per advisor
unknownderivedRAUM over IAPD advisors; not a book size
Clients per advisor
unknownderivedindividual and HNW clients (5.D) over advisors
Average HNW client
unknownderivedHNW RAUM over HNW clients
Average account
$383MderivedRAUM over accounts (5.F.2.f)
Discretionary
100%derivedof RAUM
Institutional
0.0%derivedpensions, charities, corporations, government, insurance, banks, other advisers
Employees per advisor
unknownderivedItem 5.A over advisors
Advisors per office
unknownderived5 offices incl. principal (1.F.5)
RAUM growth, one year
-4.8%derivedbetween the last two annual amendments
Advisor growth, one year
unknownderivedItem 5.B.3 between annual amendments
Client growth, one year
unknownderived
Compensation
percentage of assets, performance-basedreportedItem 5.E
Advisory activities
portfolio management for pooled vehicles, portfolio management for investment companiesreportedItem 5.G
Custody
$13B, 50 clientsreportedItem 9.A
Ownership
no PE, bank or public-company owner found on Schedule Aderived
Advisor book size
not public; not estimatedreported
Also answered yes on Form ADV
  • has discretionary authority over which securities are bought or sold (8.C.1)
  • receives research or other products from a broker-dealer, soft dollars (8.E)
  • has custody of client cash or bank accounts (9.A.1.a)
  • has custody of client securities (9.A.1.b)
  • a related person has custody of client cash (9.B.1.a)
  • a related person has custody of client securities (9.B.1.b)
  • marketing includes hypothetical performance (5.L.3)
Where the RAUM sits
Form ADV Item 5.D, latest filing
  • Pooled investment vehicles$27B97%
  • Investment companies$977M3.5%
Individual clients
0reported
HNW clients
0reported
Pension plan clients
0reported
Charitable clients
0reported
Accounts
74reported
Financial planning clients
reported
Wrap fee programs
noreported
Custody of client assets
$13B for 50 clientsreported
Compensation
% of AUM, performancereported
Class basis
private_client_share=0.0 fund_share=1.0 institutional_share=0.0 related_bd=true related_bank=true bd_reps=5.0derived
Advisors registered through the firm
0 on IAPD today, longest tenure first
No representative is registered through this CRD on IAPD.
Advisor movement
Left, latest
none on the tape
    Joined, latest
    none on the tape
      Private funds
      73 reported on Schedule D 7.B.(1)
      FundTypeGross assetsOwnersFirst reported
      Benefit Street Credit Alpha Master Fund Ltd.no longer reportedHedge Fund$2.8B16Mar 30, 2012
      Benefit Street Partners Debt Fund IV L.P.Hedge Fund$2.4B35Feb 23, 2017
      Benefit Street Partners Debt Fund IV Master (Non-US) L.P.Hedge Fund$2.3B40Feb 23, 2017
      Benefit Street Partners Real Estate Opportunistic Debt Fund L.P.Hedge Fund$1.7B12Dec 17, 2021
      Bsp Debt Fund V (Non-US) Master L.P.Hedge Fund$1.4B17Oct 27, 2022
      Bsp Levered US Sof II (Senior Secured Opportunities) Fund L.P.Hedge Fund$1.0B17Feb 19, 2020
      Benefit Street Partners Sma-T L.P.Hedge Fund$831M2Aug 22, 2017
      Providence Debt Fund III L.P.Hedge Fund$767M47Nov 22, 2013
      Benefit Street Partners Clo Vi-B, Ltd.Securitized Asset Fund$634M5Feb 3, 2022
      Bsp Clo Sma I Master Fund L.P.Hedge Fund$631M4Nov 27, 2018
      Benefit Street Partners Clo Vi, Ltd.no longer reportedSecuritized Asset Fund$612M3Mar 31, 2015
      Benefit Street Partners Clo Xxiii, Ltd.Securitized Asset Fund$606M4Feb 3, 2022
      Benefit Street Partners Clo Xii, Ltd.Securitized Asset Fund$586M3Feb 27, 2018
      Bsp Debt Fund V L.P.Hedge Fund$583M15Aug 18, 2022
      Benefit Street Partners Clo Xviii, Ltd.Securitized Asset Fund$559M3Feb 19, 2020
      Benefit Street Partners Clo Xxv, Ltd.Securitized Asset Fund$509M6Feb 3, 2022
      Bsp Special Situations Master A L.P.Hedge Fund$508M67Aug 25, 2016
      Benefit Street Partners Clo Xix, Ltd.Securitized Asset Fund$506M1Jan 29, 2021
      Benefit Street Partners Clo X, Ltd.Securitized Asset Fund$505M3Feb 23, 2017
      Benefit Street Partners Clo IV, Ltd.Securitized Asset Fund$502M4Aug 18, 2014
      Benefit Street Partners Clo Xvi, Ltd.Securitized Asset Fund$497M1Feb 26, 2019
      Hampshire Credit Alpha Master Fund L.P.no longer reportedHedge Fund$495M12Feb 27, 2018
      Benefit Street Partners Clo Viii, Ltd.Securitized Asset Fund$492M3Feb 22, 2016
      Benefit Street Partners Clo V-B, Ltd.Securitized Asset Fund$485M4Nov 27, 2018
      Benefit Street Partners Clo Xiv, Ltd.Securitized Asset Fund$485M3Nov 27, 2018
      Benefit Street Partners Clo Xv, Ltd.Securitized Asset Fund$485M3Nov 27, 2018
      Benefit Street Partners Clo Xi, Ltd.Securitized Asset Fund$475M3Aug 22, 2017
      Benefit Street Partners Clo Xx, Ltd.Securitized Asset Fund$457M4Jan 29, 2021
      Bsp Coinvest Sma-N L.P.Hedge Fund$427M2Feb 3, 2022
      Providence Debt Fund III Master (Non-US) L.P.Hedge Fund$423M45Feb 28, 2014
      Benefit Street Partners Clo Xxxii, Ltd.Securitized Asset Fund$402M3Nov 24, 2023
      Bsp Levered Non-US Master Sof II (Senior Secured Opportunities) Fund L.P.Hedge Fund$396M9Feb 19, 2020
      Benefit Street Partners Sma-C II L.P.Hedge Fund$388M3Nov 27, 2018
      Benefit Street Partners Clo Ix, Ltd.Securitized Asset Fund$386M4Aug 25, 2016
      Benefit Street Partners Capital Opportunity Fund II L.P.Hedge Fund$332M2Feb 23, 2017
      Benefit Street Partners Sma-C Co-Invest L.P.Hedge Fund$298M3Feb 19, 2020
      Benefit Street Partners Capital Opportunity Fund L.P.Hedge Fund$288M2May 29, 2014
      Benefit Street Partners Senior Secured Opportunities Master Fund (Non-US) L.P.Hedge Fund$275M18Mar 30, 2016
      Benefit Street Partners Sma-K L.P.Hedge Fund$269M3Feb 27, 2018
      Benefit Street Partners Real Estate Opportunistic Debt Fund II L.P.Hedge Fund$262M10Nov 24, 2023
      All funds of Benefit Street Partners L.L.C.
      Owners and control persons
      Schedule A and B, latest filing
      • Jan Richard Byrne · Presidentcontrol
        since 04/2013 · owns less than 5%
      • James Thomas Gahan · Chairman, Chief Investment Officercontrol
        since 02/2011 · owns less than 5%
      • Nicholas Enrico Gallo · Chief Compliance Officercontrol
        since 04/2024 · owns less than 5%
      • Joseph David Manlowe · Chief Executive Officer, Chief Operating Officercontrol
        since 02/2011 · owns less than 5%
      • Roger Bryan Martoken · Chief Financial Officercontrol
        since 09/2012 · owns less than 5%
      Entity owners
      • Franklin Resources, Inc. · Sole Member
        direct · owns 75% or more · public reporting company
      Related persons
      Schedule D 7.A
      • Benefit Street Partners Limited
        investment adviserbanknRAUM $23B
      • Bsp Ny LLC
        investment adviserbanknRAUM $14B
      • Benefit Street Partners Capital Opportunity Fund Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Capital Opportunity Fund II Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Debt Fund IV (Non-US) Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Debt Fund IV Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Dislocation Fund Gp L.P.
        bankpooled vehicle sponsorn
      • Benefit Street Partners Real Estate Opportunistic Debt Fund Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Real Estate Opportunistic Debt Fund II Gp LP
        bankpooled vehicle sponsorn
      • Benefit Street Partners Sma Lm Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Sma-K Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Sma-L Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Sma-Lk Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Sma-O Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Sma-T Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Special Situations Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Benefit Street Partners Special Situations II Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Bsp Clo Management LLC
        investment advisernRAUM $12B
      • Bsp Clo Sma I Gp L.P.
        investment adviserpooled vehicle sponsorn
      • Bsp Cof-T Gp L.P.
        pooled vehicle sponsorn
      • Bsp Coinvest Sma-N Gp L.P.
        bankpooled vehicle sponsorn
      • Bsp Coinvest Vehicle 1 Gp L.P.
        pooled vehicle sponsorn
      • Bsp Contingent Opportunities Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Bsp Debt Fund V Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Bsp Ft Clo Sma I Gp LP
        pooled vehicle sponsorn
      • Bsp Ft Real Estate Opportunistic Debt Fund II Gp LP
        pooled vehicle sponsorn
      • Bsp Ft Sma-L Gp LP
        pooled vehicle sponsorn
      • Bsp Ft Sof II Gp LP
        pooled vehicle sponsorn
      • Bsp Senior Secured Opportunities Fund (Non-US) Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      • Bsp Senior Secured Opportunities Fund Gp L.P.
        investment adviserbankpooled vehicle sponsorn
      Advisers that list Benefit Street Partners L.L.C. as a related person
      Offices
      Schedule D 1.F, the 25 largest
      • New York, NY39 employees
      • West Palm Beach, FL11 employees
      • Walnut Creek, CA5 employees
      • Dallas, TX4 employees
      • Raleigh, NC3 employees
      • Ranga Reddy, Hyderabad, India2 employees
      What changed
      consecutive filings, newest first
      • Private funds · 69 to 71
        Mar 31, 2026 to May 28, 2026
      • Discretionary RAUM · $27B to $28B
        Mar 31, 2026 to May 28, 2026
      • Pooled vehicle RAUM · $26B to $27B
        Mar 31, 2026 to May 28, 2026
      • RAUM · $27B to $28B
        Mar 31, 2026 to May 28, 2026
      • Accounts · 70 to 74
        Feb 26, 2026 to Mar 31, 2026
      • Advisory employees · 115 to 110
        Feb 26, 2026 to Mar 31, 2026
      • BD registered reps · 8 to 5
        Feb 26, 2026 to Mar 31, 2026
      • Charity clients · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • Corporate clients · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • HNW clients · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • Individual clients · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • Pension plan clients · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • Pooled vehicle clients · 66 to 70
        Feb 26, 2026 to Mar 31, 2026
      • Assets in custody · $13B to $13B
        Feb 26, 2026 to Mar 31, 2026
      • Employees · 234 to 241
        Feb 26, 2026 to Mar 31, 2026
      • Private funds · 74 to 69
        Feb 26, 2026 to Mar 31, 2026
      • Discretionary RAUM · $28B to $27B
        Feb 26, 2026 to Mar 31, 2026
      • HNW RAUM · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • Individual RAUM · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • Pension RAUM · unset to 0.0
        Feb 26, 2026 to Mar 31, 2026
      • Pooled vehicle RAUM · $26B to $26B
        Feb 26, 2026 to Mar 31, 2026
      • RAUM · $28B to $27B
        Feb 26, 2026 to Mar 31, 2026
      • Private funds · 71 to 74
        Jan 22, 2026 to Feb 26, 2026
      • Private funds · 68 to 71
        Jul 21, 2025 to Nov 14, 2025
      • Financial planning clients · unset to
        Apr 29, 2025 to Jul 21, 2025
      • Private funds · 66 to 68
        Apr 29, 2025 to Jul 21, 2025
      • Accounts · 73 to 70
        Jan 18, 2025 to Apr 29, 2025
      • Advisory employees · 107 to 115
        Jan 18, 2025 to Apr 29, 2025
      • Pooled vehicle clients · 70 to 66
        Jan 18, 2025 to Apr 29, 2025
      • Assets in custody · $13B to $13B
        Jan 18, 2025 to Apr 29, 2025
      • Employees · 227 to 234
        Jan 18, 2025 to Apr 29, 2025
      • Other offices · 6 to 4
        Jan 18, 2025 to Apr 29, 2025
      • Private funds · 67 to 66
        Jan 18, 2025 to Apr 29, 2025
      • Discretionary RAUM · $28B to $28B
        Jan 18, 2025 to Apr 29, 2025
      • Pooled vehicle RAUM · $28B to $26B
        Jan 18, 2025 to Apr 29, 2025
      • RAUM · $28B to $28B
        Jan 18, 2025 to Apr 29, 2025
      • Private funds · 64 to 67
        Dec 26, 2024 to Jan 18, 2025
      • Private funds · 63 to 64
        Jun 12, 2024 to Aug 27, 2024
      • Private funds · 61 to 63
        May 28, 2024 to Jun 12, 2024
      • Private funds · 60 to 61
        May 3, 2024 to May 28, 2024
      Signals
      8 dated events
      • Rick Gallo (Chief Compliance Officer) appeared on Schedule A of Benefit Street Partners L.L.C.
        Apr 29, 2024 · Control person joined · fact
      • Howe Alexander Mcmillan (Chief Compliance Officer) no longer on Schedule A of Benefit Street Partners L.L.C. (listed 2024-03-29, absent 2024-04-29)
        Apr 29, 2024 · Control person left · inference
      • Benefit Street Partners L.L.C. reported succeeding to the business of Another Adviser (Form ADV Item 4)
        Feb 12, 2019 · Succession (Item 4) · fact
      • Milton Jonathan Nelson (Member, President And Senior Managing Director) no longer on Schedule A of Benefit Street Partners L.L.C. (listed 2018-11-27, absent 2019-02-12)
        Feb 12, 2019 · Control person left · inference
      • Michael Glenn Creamer (Member, Vice President And Senior Managing Director) no longer on Schedule A of Benefit Street Partners L.L.C. (listed 2018-11-27, absent 2019-02-12)
        Feb 12, 2019 · Control person left · inference
      • Jude Paul Salem (Member, Vice President And Senior Managing Director) no longer on Schedule A of Benefit Street Partners L.L.C. (listed 2018-11-27, absent 2019-02-12)
        Feb 12, 2019 · Control person left · inference
      • Eugene Michael Paasche (Member) no longer on Schedule A of Benefit Street Partners L.L.C. (listed 2018-11-27, absent 2019-02-12)
        Feb 12, 2019 · Control person left · inference
      • Benefit Street Partners L.L.C. reported RAUM $19.1B, up 61% from $11.8B (2018-02-27 to 2018-03-30)
        Mar 30, 2018 · RAUM change · derived
      Across DFX
      shared identifiers only, never a name match
      How to reach
      public business contact points only, each with its source
      Firm profile
      LINKEDIN.COM/COMPANY/BENEFIT-STREET-PARTNERS-COMMERICAL-REALreportedpublic record, Form ADV, Sep 17, 2026
      Firm profile
      LINKEDIN.COM/COMPANY/BENEFIT-STREET-PARTNERSreportedpublic record, Form ADV, Sep 17, 2026
      Website
      bspcredit.com/usreportedpublic record, Form ADV, Sep 17, 2026
      Principal office phone
      212-588-6770reportedpublic record, Form ADV, Jul 30, 2026
      Provenance
      Form ADV
      SEC filing data 2011 to 2024 and the monthly roster 2025 onreportedadviserinfo.sec.gov
      Advisors
      IAPD individual compilation feed, dailyreportedadviserinfo.sec.gov
      Class
      Asset manager (funds and pooled vehicles)deriveda rule over Items 5.D and 7.A
      RAUM per advisor
      n/aderivedfirm RAUM over the IAPD count; not a book size
      Loaded
      Sep 14, 2026
      Across the graphs

      Benefit Street Partners L.L.C. is the same institution as 1 record in Real Estate Funds.

      Real Estate Funds1

      Which record it is in each graph, what it is called there, and what the two were joined on. The Data Factory holds all nine graphs and the identity layer between them.

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