Our Story
Our Story
Founded in 2002, Alcentra is one of the largest European-headquartered alternative credit managers. Across all its investment strategies the firm employs a disciplined, value-orientated approach to evaluating individual investments and constructing portfolios.
In 2022, Alcentra was acquired by Franklin Templeton and integrated with Benefit Street Partners (“BSP”). Together, the BSP-Alcentra platform is one of the largest alternative credit managers globally, with a multi-strategy approach targeting attractive opportunities in the global credit markets. The combined platform manages $76 billion in assets under management (AUM) and has expertise in Senior Secured Loans, Private Credit, Structured Credit, Special Situations, High Yield Bonds, Multi-Strategy Credit, and Commercial Real Estate.
We have a highly experienced global team of 486, with 178 investment professionals, who work across asset classes, business sectors and geographies, bringing significant expertise and a deep understanding of corporate debt to the firm’s strategies.
BSP-Alcentra is a wholly owned subsidiary of Franklin Resources, Inc. (Franklin Templeton) which is one of the world’s largest independent investment managers with $1.6 trillion in total assets under management.*
* Franklin Templeton AUM as of April 30, 2024.
Our Values & Culture (Panels)
Our Values & Culture
For our business
- We put our clients’ needs at the centre of our processes
- We will design our processes and technology to make it easy for clients to engage with our services
- We will create a culture that continually asks if we can do better
For each of us
- We will keep an open mind and adapt our thinking if it means improving what we do
- We will go the extra mile, supporting each other to do great work
- We will be professional, respectful and fun to work with
- We will bring an entrepreneurial spirit to work every day
For clients
- We will focus on the financial outcomes that matter to our clients
- We will be their investment allies: working tirelessly to overcome their challenges
- We will engage with their individual needs, responding with the right solution not just the easiest
- We will elevate their experience by matching the right people, advice and expertise to their desired outcomes
Our Investors
Our Investors
We work with investors around the world to help them make the most of the market opportunities
Our clients gain access through a large range of investment funds and where required we can help them build a portfolio tailored to their own specific needs and requirements.
Alcentra as of December 2024, %s refer to non-CLO AUM
Investor Base by Geography
Investor Base by Geography
28%
North America
39%
Europe
33%
Asia & Middle East
Alcentra as of December 2024, %s refer to non-CLO AUM
AUM and Breakdown by Strategy
CLOs
Liquid Funds1
Direct Lending
Structured Credit2
Special Situations
Infrastructure Debt3
1. Includes High Yield, Loans, and Multi-Credit strategies.
2. Excludes assets within Multi-Credit mandates that the Structured Credit team manages. Approximately $100m of third-party US CLO assets managed as a part of a broader diversified portfolio excluded from Structured Credit assets.
3. Infrastructure AUMs are calculated on a committed basis.
Alcentra as of December 2024