Franklin Resources IncBenefit Street Partners, a subsidiary of Franklin Templeton (Franklin Resources), closed a $500M CLO, demonstrating capital markets success and AUM growth.

Benefit Street Partners has closed BSP CLO 50, a $500 million new-issue collateralized loan obligation, marking a milestone for its U.S. CLO platform. The transaction, arranged with Scotiabank, closed on May 26, 2026, and brings the platform's total CLO capital raised to approximately $25.5 billion since its first issuance in 2012. The platform has attracted support from more than 300 distinct investors, and BSP is currently ranked as the ninth largest U.S. CLO manager and the eighth largest globally, according to Intex. Co-Heads Dan Ryan and Vince Pompliano highlighted the firm's disciplined credit selection and consistent execution as key drivers of investor confidence. BSP, a subsidiary of Franklin Templeton with $93 billion in assets under management, also continues to expand its European CLO capabilities and recently closed a third captive fund raising $500 million in 2025.
Franklin Resources IncBenefit Street Partners, a subsidiary of Franklin Templeton (Franklin Resources), closed a $500M CLO, demonstrating capital markets success and AUM growth.
Bank of Nova ScotiaBenefit Street Partners closed its 50th CLO, a $500M milestone, highlighting its leading position in the CLO market.