{
  "crd_number": 304962,
  "slug": "bsp-clo-management-llc-new-york-ny-304962",
  "primary_business_name": "BSP CLO MANAGEMENT LLC",
  "legal_name": "BSP CLO MANAGEMENT LLC",
  "dbas": [],
  "city": "New York",
  "state": "NY",
  "country": "United States",
  "cbsa_code": "35620",
  "metro": {
    "cbsa_code": "35620",
    "common_name": "New York",
    "msa_name": "New York-Newark-Jersey City, NY-NJ",
    "path": "/advisors/ny/new-york"
  },
  "registration_type": "sec",
  "registration_status": "Approved",
  "registration_date": "2019-12-02",
  "years_registered": 6,
  "period": "2026-10-01",
  "filing_date": "2026-03-31",
  "carried_forward": false,
  "raum_total": 12238930780.0,
  "raum_discretionary": 12238930780.0,
  "raum_non_discretionary": 0.0,
  "raum_band": "over_5b",
  "raum_band_label": "Over $5 billion",
  "total_employees": 241,
  "advisory_employees": 110,
  "client_count_bucket": null,
  "clients_by_type": {
    "pooled_investment_vehicles": {
      "raum": 12238930780.0,
      "count": 22
    }
  },
  "compensation_types": [
    "percentage_of_aum",
    "performance_based"
  ],
  "advisory_activities": [
    "portfolio_management_pooled_vehicles"
  ],
  "wrap_fee_participant": false,
  "disclosure_yes_count": 0,
  "states_registered": [
    "CA",
    "DE",
    "FL",
    "NC",
    "NY",
    "TX"
  ],
  "websites": [
    "https://bspcredit.com/us",
    "https://fbrtreit.com",
    "https://linkedin.com/COMPANY/BENEFIT-STREET-PARTNERS",
    "https://linkedin.com/COMPANY/BENEFIT-STREET-PARTNERS-COMMERICAL-REAL-ESTATE"
  ],
  "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304962",
  "city_as_filed": "NEW YORK",
  "url": "https://advisorcensus.com/firm/bsp-clo-management-llc-new-york-ny-304962",
  "display_name": "BSP CLO Management LLC",
  "summary": "BSP CLO Management LLC is an SEC-registered investment advisory firm in New York, NY, registered since 2019, reporting over $5 billion in regulatory assets under management in its Form ADV filing dated March 31, 2026.",
  "citation": "AdvisorCensus. BSP CLO Management LLC (CRD 304962): Form ADV filing data as of October 2026.",
  "registration_type_label": "SEC-registered investment adviser",
  "compensation_labels": [
    "A percentage of assets under your management",
    "Performance-based fees"
  ],
  "advisory_activity_labels": [
    "Portfolio management for pooled investment vehicles (other than investment companies)"
  ],
  "quick_answers": [
    {
      "q": "How is BSP CLO Management LLC compensated?",
      "a": "On its Form ADV (Item 5.E, October 2026), BSP CLO Management LLC reports these compensation arrangements: a percentage of assets under its management; performance-based fees."
    },
    {
      "q": "Where is BSP CLO Management LLC located?",
      "a": "BSP CLO Management LLC's principal office is in New York, NY, according to its Form ADV; the April 2026 filing also lists 4 other offices (Schedule D, Section 1.F)."
    },
    {
      "q": "Is BSP CLO Management LLC registered with the SEC or a state?",
      "a": "BSP CLO Management LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304962."
    },
    {
      "q": "How much does BSP CLO Management LLC manage?",
      "a": "BSP CLO Management LLC reports $12,238,930,780 in regulatory assets under management in its Form ADV filing dated March 31, 2026 (100% discretionary)."
    },
    {
      "q": "How have BSP CLO Management LLC's assets and staff changed since 2021?",
      "a": "In the Form ADV data for BSP CLO Management LLC: Regulatory assets under management: $813,592,974 in the October 2021 data and $12,238,930,780 in the October 2026 data, up 1404%. Total employees: 190 in October 2021 and 241 in October 2026. Assets under management move with markets as well as with clients coming and going."
    },
    {
      "q": "What types of clients does BSP CLO Management LLC serve?",
      "a": "By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (22)."
    },
    {
      "q": "Does BSP CLO Management LLC report any disciplinary disclosures?",
      "a": "Reports no disclosure items on Form ADV Item 11. The detail of any item is on the firm's SEC record: https://adviserinfo.sec.gov/firm/summary/304962"
    },
    {
      "q": "Does BSP CLO Management LLC state an account minimum?",
      "a": "Its Form ADV Part 2A brochure dated March 31, 2026 says: \"The minimum investment commitments for CLOs is generally at least $250,000.\""
    },
    {
      "q": "What changed in BSP CLO Management LLC's recent Form ADV filings?",
      "a": "In the April 2026 filing data: Employees performing advisory functions went from 115 to 110. Regulatory assets under management went from $7,358,930,813 to $12,238,930,780 (+66%). Updated its list of owners and control persons (Schedule A)."
    }
  ],
  "filing_history": [
    {
      "period": "2021-10-01",
      "regulatory_assets_under_management": 813592974.0,
      "total_employees": 190,
      "filing_date": "2021-03-31"
    },
    {
      "period": "2022-10-01",
      "regulatory_assets_under_management": 1870536633.0,
      "total_employees": 218,
      "filing_date": "2022-08-09"
    },
    {
      "period": "2023-10-01",
      "regulatory_assets_under_management": 3555370895.0,
      "total_employees": 221,
      "filing_date": "2023-03-30"
    },
    {
      "period": "2024-10-01",
      "regulatory_assets_under_management": 4222953879.0,
      "total_employees": 227,
      "filing_date": "2024-06-14"
    },
    {
      "period": "2025-10-01",
      "regulatory_assets_under_management": 7358930813.0,
      "total_employees": 234,
      "filing_date": "2025-07-21"
    },
    {
      "period": "2026-10-01",
      "regulatory_assets_under_management": 12238930780.0,
      "total_employees": 241,
      "filing_date": "2026-03-31"
    }
  ],
  "recent_changes": [
    {
      "period": "2026-04-01",
      "period_label": "April 2026",
      "notes": [
        "Employees performing advisory functions went from 115 to 110.",
        "Regulatory assets under management went from $7,358,930,813 to $12,238,930,780 (+66%).",
        "Updated its list of owners and control persons (Schedule A)."
      ]
    }
  ],
  "fees_from_brochure": {
    "source": "Form ADV Part 2A brochure dated March 31, 2026",
    "tiers": [],
    "flat_rate": null,
    "stated_range": null,
    "stated_maximum": null,
    "account_minimum": "$250,000",
    "account_minimum_may_be_waived": false,
    "minimum_annual_fee": null,
    "figures": [
      {
        "label": "Account minimum",
        "statements": [
          "Account minimum: $250,000"
        ],
        "quotes": [
          "The minimum investment commitments for CLOs is generally at least $250,000."
        ]
      }
    ],
    "quotes": [
      "The minimum investment commitments for CLOs is generally at least $250,000."
    ],
    "note": "As stated in the firm's brochure; fees can differ by service and may be negotiable."
  },
  "custodians": [],
  "custodians_note": null,
  "markdown_url": "https://advisorcensus.com/firm/bsp-clo-management-llc-new-york-ny-304962.md",
  "clients": [
    {
      "type": "pooled_investment_vehicles",
      "label": "Pooled investment vehicles (other than investment companies and business development companies)",
      "count": 22,
      "fewer_than_5": false,
      "raum": 12238930780.0
    }
  ],
  "disclosure_line": "Reports no disclosure items on Form ADV Item 11.",
  "disclosure_items": [],
  "indexable": true,
  "suppressed": false,
  "claimed": false,
  "enhanced": false,
  "provided_by_the_firm": null,
  "source": {
    "name": "Form ADV",
    "as_of": "2026-10-01",
    "iapd_url": "https://adviserinfo.sec.gov/firm/summary/304962",
    "operator": "BH Monitor Services, LLC",
    "license": "https://creativecommons.org/licenses/by/4.0/",
    "credit": "AdvisorCensus (advisorcensus.com), from SEC Form ADV data"
  }
}
