BENEFIT STREET PARTNERS L.L.C.

CRD 158672File 801-72843

APPROVED

Custody

Disclosure events

Filing as of Jul 30, 2026

Feed vintage Oct 1, 2026

Regulatory AUM

$28.32B

Top 10% of cohort (national)

Discretionary AUM

$28.32B

Clients

74 accounts

Employees

241

Top 10% of cohort in NY

Identity & registration

ADV Item 1

Organization form: Limited Liability Company
Firm type: Registered
SEC region: NYRO
Registration date: Nov 9, 2011
Principal office: ONE MADISON AVENUE, SUITE 1600, NEW YORK, NY, 10010
Phone: 212-588-6770
Website: HTTPS://WWW.FBRTREIT.COM

Assets & accounts

ADV Item 5F

Total regulatory AUM: $28.32B
Discretionary AUM: $28.32B
Non-discretionary AUM: $0
Discretionary accounts: 74
Non-discretionary accounts: 0
Total accounts: 74
AUM per client: $382.6M

Clients by type

ADV Item 5D

Client type	Clients	AUM
Investment companies	4	$977.3M
Pooled investment vehicles	70	$27.34B

Compensation & activities

ADV Items 5E, 5G

Compensation

Performance-based fees
A percentage of assets under your management

Advisory activities

Portfolio management for investment companies
Portfolio management for pooled investment vehicles

Custody

ADV Item 9

Firm Custody Cash: Yes
Firm Custody Assets: Yes
Firm Custody Clients: Yes
Firm Custody Securities: Yes
Related Person Custody Cash: No
Related Person Custody Assets: No
Related Person Custody Clients: No
Related Person Custody Securities: Yes

Disclosure events

ADV Item 11

Q11H2

Filed changes

Date	Field	From	To	Change
Jun 1, 2026	AUM	$26,557,913,993	$28,315,800,441	increased by$1,757,886,448
Apr 1, 2026	Employees	234	241	increased by7
Apr 1, 2026	Clients	70	74	increased by4
Apr 1, 2026	AUM	$27,888,905,793	$26,557,913,993	decreased by$1,330,991,800
Apr 1, 2026	Accounts	70	74	increased by4
May 1, 2025 vs Oct 1, 2022	Employees	218	234	increased by16
May 1, 2025 vs Oct 1, 2022	Clients	56	70	increased by14
May 1, 2025 vs Oct 1, 2022	AUM	$27,535,405,299	$27,888,905,793	increased by$353,500,494
May 1, 2025 vs Oct 1, 2022	Accounts	56	70	increased by14
Apr 1, 2022	Employees	190	218	increased by28
Apr 1, 2022	Clients	51	56	increased by5
Apr 1, 2022	AUM	$23,768,645,328	$27,535,405,299	increased by$3,766,759,971
Apr 1, 2022	Accounts	51	56	increased by5
Apr 1, 2021	Registration	—	APPROVED

On Form 5500, an adviser usually appears as a plan service provider (Schedule C), not the plan sponsor.

See plans that list “BENEFIT STREET” as a service provider on 5500mcp →

Matched by name only — Form ADV and Form 5500 share no identifier, and names are searched loosely (“BENEFIT STREET” may also match similarly-named firms). Confirm identity against each filing.

Every value above is reproduced from this firm's Form ADV filing. Fields the firm left blank are shown as “Not reported” rather than filled in from other sources.