Franklin Templeton Folds Alcentra Into Benefit Street Partners
Franklin Templeton is folding its European private credit unit Alcentra into its US counterpart Benefit Street Partners LLC, marking the end of a difficult period for the once-prominent direct-lending firm.
By Silas Brown · Bloomberg Markets
Franklin Templeton is folding its European private credit unit Alcentra into its US counterpart Benefit Street Partners LLC, marking the end of a difficult period for the once-prominent direct-lending firm.