Who Owns Benefit Street Partners?
Benefit Street Partners is owned by Franklin Templeton, Inc. (NYSE: BEN), a publicly traded global asset manager headquartered in San Mateo, California. Founded in 2008 in New York by former Deutsche Bank executive Tom Gahan, the firm manages private credit and middle-market lending strategies. Franklin Templeton acquired it in 2019 as the anchor of its alternative credit platform.
Parent Company
Founded
2008
Status
Publicly Traded
Headquarters
Benefit Street Partners Timeline
United StatesOfficial Website
Who Owns Benefit Street Partners?
- Parent Company: Franklin Templeton, Inc.
- Ownership Type: Wholly owned
- Company Type: Publicly Traded
- Stock Ticker: New York Stock Exchange: BEN
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Benefit Street Partners | Franklin Templeton, Inc. | Wholly owned |
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History of Benefit Street Partners
- Founded: 2008
- Founders: Tom Gahan
Tom Gahan founded Benefit Street in New York in 2008, timing that placed the young firm inside the credit dislocation of the financial crisis. He recruited a team with deep leveraged finance and distressed debt experience, and the firm grew through middle-market direct lending, opportunistic credit, and real estate debt strategies.
Private credit expanded from a niche to a mainstream institutional allocation through the 2010s, and Benefit Street's AUM grew with it into the tens of billions.
Franklin Templeton acquired the firm in 2019 and made it the anchor of what became the Franklin Templeton Alternative Credit platform, which has since absorbed additional credit managers including Alcentra, acquired from BNY Mellon in 2022, and the 2025 addition of European private credit manager Apera.
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About Franklin Templeton, Inc.
Is Franklin Resources the same as Franklin Templeton?
Yes. Franklin Resources, Inc. was the legal name until August 17, 2026, when it became Franklin Templeton, Inc. The NYSE ticker BEN is unchanged.
Is Franklin Templeton publicly traded?
Yes. It trades on the NYSE under ticker BEN.
Who is the CEO of Franklin Templeton?
Jenny Johnson, great-granddaughter of founder Rupert H. Johnson Sr., president and CEO since February 2020.
How much does Franklin Templeton manage?
Approximately $1.8 trillion as of September 30, 2026.
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Did Franklin Templeton buy Legg Mason?
Yes, in July 2020 for about $4.5 billion, adding Western Asset, ClearBridge, Brandywine Global, Martin Currie, Royce, and Clarion Partners.
Does the Johnson family still control Franklin Templeton?
The family holds a substantial ownership position and Jenny Johnson leads the company, but it is a public corporation with majority outside shareholders.
- Founded: 1947
- Headquarters: San Mateo, California, USA
- Company Type: Publicly Traded
- Stock: New York Stock Exchange: BEN
- Revenue: Approximately $7.2 billion adjusted operating revenue (FY2026, ended September 30, 2026)
- Employees: Approximately 10,000
Where Is Benefit Street Partners Made / Based?
- Headquarters: New York, New York, USA
Benefit Street Partners Categories & Tags
Brands Owned by Franklin Templeton, Inc.
Finance FintechBrandywine Global
Owned by Franklin Templeton, Inc.
Philadelphia global macro and fixed income value manager founded in 1986, operating as a specialist investment manager of Franklin Templeton.
asset-managementfixed-incomeglobal-macro
Finance FintechClarion Partners
Owned by Franklin Templeton, Inc.
New York commercial real estate investment manager founded in 1982, a specialist alternatives manager of Franklin Templeton.
real-estateasset-managementalternatives
Finance FintechClearBridge Investments
Owned by Franklin Templeton, Inc.
New York fundamental equity manager with roots to 1962, a specialist investment manager of Franklin Templeton focused on active US equity strategies.
asset-managementequityactive-management
Finance FintechFranklin Templeton
Owned by Franklin Templeton, Inc.
The flagship investment brand of Franklin Templeton, Inc., covering mutual funds, ETFs, and managed solutions backed by $1.8 trillion in global AUM.
asset-managementmutual-fundsetf
Finance FintechLexington Partners
Owned by Franklin Templeton, Inc.
New York private equity secondaries pioneer founded in 1994, a specialist alternatives manager majority-owned by Franklin Templeton.
private-equitysecondariesalternatives
Finance FintechMartin Currie
Owned by Franklin Templeton, Inc.
Edinburgh-based equity manager founded in 1881, a specialist investment manager of Franklin Templeton running global, international, and emerging market strategies.
asset-managementequityemerging-markets
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Benefit Street Partners Ownership: Pros & Cons
Advantages
- +Established middle-market origination and underwriting platform
- +Centerpiece of the parent's fastest-growing strategic segment
- +Long-duration capital with recurring management fees
Considerations
- -Private credit competition compresses spreads and terms
- -Credit cycle risk if leveraged borrower defaults rise
- -Integration with acquired credit platforms adds complexity
Frequently Asked Questions About Benefit Street Partners
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Sources & Further Reading
Competitors to Benefit Street Partners
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Goldman Sachs | USA | 1988 | Premium | Global | Unisex | |
| Kkr | USA | 1976 | Market leader | Global | All-ages | |
| Franklin Templeton | USA | 1982 | Mass market | United states | All Genders | |
| Franklin Templeton | USA | 1994 | Mass market | Global | All Genders |
Learn More About Competitors
Finance FintechGoldman Sachs Asset Management
Owned by The Goldman Sachs Group, Inc.
Investment management division of Goldman Sachs overseeing $3.61 trillion in assets under supervision across public markets, alternatives, and wealth clients.
asset-managementinvestingalternatives
Finance FintechKKR
Owned by KKR & Co. Inc.
Flagship brand of KKR & Co. Inc., the global investment firm, covering its private equity, credit, and real assets investment platforms.
private-equityinvestment-managementalternatives
Finance FintechClarion Partners
Owned by Franklin Templeton, Inc.
New York commercial real estate investment manager founded in 1982, a specialist alternatives manager of Franklin Templeton.
real-estateasset-managementalternatives
Finance FintechLexington Partners
Owned by Franklin Templeton, Inc.
New York private equity secondaries pioneer founded in 1994, a specialist alternatives manager majority-owned by Franklin Templeton.
private-equitysecondariesalternatives
Competitive Analysis
Market Positioning: Benefit Street Partners competes with 4 brands in the same categories, ranging from mass market to luxury positioning.
Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.
Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.
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Independent Alternatives to Benefit Street Partners
Looking for brands with different ownership structures? These similar brands are not owned by Franklin Templeton, Inc., giving you alternative choices that support different corporate structures.
Finance FintechBarings
Owned by Massachusetts Mutual Life Insurance Company (MassMutual)
Global asset management firm headquartered in Charlotte, North Carolina, and subsidiary of MassMutual, managing investments across fixed income, real estate, and private markets.
asset-managementinvestmentsfixed-income
Privately Owned
Barings is privately owned, unlike Benefit Street Partners which is under a publicly traded parent company.
Finance FintechCVC Capital Partners
Owned by CVC Capital Partners plc
Global private markets investment brand managing 205 billion euros across private equity, credit, secondaries, and infrastructure funds.
private-equityprivate-marketsasset-management
Privately Owned
CVC Capital Partners is privately owned, unlike Benefit Street Partners which is under a publicly traded parent company.
Finance FintechNuveen
Owned by Teachers Insurance and Annuity Association of America
American asset management brand with about $1.4 trillion in assets under management, operating as the investment management arm of TIAA since 2014.
asset-managementinvestment-managementmutual-funds
Privately Owned
Nuveen is privately owned, unlike Benefit Street Partners which is under a publicly traded parent company.
Finance FintechBloomberg Terminal
Owned by Bloomberg L.P.
Industry-standard financial data and analytics platform used by approximately 325,000 subscribers at banks, hedge funds, and institutional investors worldwide.
financial-datamarket-dataanalytics
Privately Owned
Bloomberg Terminal is privately owned, unlike Benefit Street Partners which is under a publicly traded parent company.
Finance FintechBybit
Owned by Bybit Fintech Limited
Dubai-based cryptocurrency exchange, the world's second-largest by trading volume, serving more than 80 million registered users.
crypto-exchangetradingbitcoin
Privately Owned
Bybit is privately owned, unlike Benefit Street Partners which is under a publicly traded parent company.
Finance FintechKalshi
Owned by Kalshi Inc.
CFTC-regulated prediction market exchange where users trade contracts on real-world events, valued near $40 billion in late 2026 funding talks.
prediction-marketevent-contractscftc-regulated
Privately Owned
Kalshi is privately owned, unlike Benefit Street Partners which is under a publicly traded parent company.
Franklin Templeton, Inc. Stock Information
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Jobs at Franklin Templeton, Inc.
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