Benefit Street Partners Closes Oversubscribed Special Situations Fund II at $850M

Benefit Street Partners, the alternative credit asset manager renowned for its specialized solutions, has concluded the fundraising for BSP Special Situations Fund II, surpassing expectations with a total capital commitment of approximately $850 million.

This achievement underscores the strong investor confidence in Benefit Street Partners' distinctive investment strategy and track record. Fund II will extend the success of its predecessor by adhering to the proven investment approach, focusing on distressed situations where traditional market access is limited.

With a mission to address the evolving needs of borrowers in challenging financial landscapes, Benefit Street Partners' special situations platform has become a beacon of stability, having deployed over $3 billion since its inception. This successful fundraise further solidifies Benefit Street Partners' position as a leader in providing innovative credit solutions within the private equity landscape.