Franklin Templeton and Benefit Street Partners Expand Asset-Backed Finance Capabilities with Encina Lender Finance Transaction
Franklin Templeton and its alternative credit manager Benefit Street Partners completed a transaction with Encina Lender Finance, adding a seed portfolio with approximately $480 million of commitments and a 14-person investment team. The deal expands BSP's asset-backed finance platform, which now has roughly 100 investment professionals and capacity to originate more than $3 billion annually, per the release.
Key figures
- Deal Value Usd
- 0
- Bsp aum
- $97 billion
- Total aum
- $1.8 trillion
- Alternative aum
- $300 billion
- Team size added
- 14
- Abf professionals
- 100
- Seed portfolio commitments
- $480 million
- Annual origination capacity
- $3 billion
AI analysis
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