# BSP CLO Management LLC

> 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.

- CRD: 304962
- Filed as: BSP CLO MANAGEMENT LLC
- Registration: SEC-registered investment adviser (status as filed: Approved)
- Location: New York, NY
- Filing period: October 2026
- Form ADV filing dated: March 31, 2026
- SEC record (IAPD): https://adviserinfo.sec.gov/firm/summary/304962
- AdvisorCensus page: https://advisorcensus.com/firm/bsp-clo-management-llc-new-york-ny-304962

## Quick answers

**How is BSP CLO Management LLC compensated?**
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.

**Where is BSP CLO Management LLC located?**
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).

**Is BSP CLO Management LLC registered with the SEC or a state?**
BSP CLO Management LLC is an SEC-registered investment advisory firm, registered since 2019. Status as filed: Approved. CRD 304962.

**How much does BSP CLO Management LLC manage?**
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).

**How have BSP CLO Management LLC's assets and staff changed since 2021?**
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.

**What types of clients does BSP CLO Management LLC serve?**
By number of clients on Form ADV Item 5.D: pooled investment vehicles (other than investment companies and business development companies) (22).

**Does BSP CLO Management LLC report any disciplinary disclosures?**
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

**Does BSP CLO Management LLC state an account minimum?**
Its Form ADV Part 2A brochure dated March 31, 2026 says: "The minimum investment commitments for CLOs is generally at least $250,000."

**What changed in BSP CLO Management LLC's recent Form ADV filings?**
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).

## From the Form ADV filing

### Compensation (Item 5.E)
- A percentage of assets under your management
- Performance-based fees

### Fees and minimums (Form ADV Part 2A brochure dated March 31, 2026)

- Account minimum: $250,000

> The minimum investment commitments for CLOs is generally at least $250,000.

As stated in the firm's brochure. Fees can differ by service and may be negotiable.

### Regulatory assets under management (Item 5.F)
- Total: $12,238,930,780
- Discretionary: $12,238,930,780
- Non-discretionary: $0

### Clients (Item 5.D)

| Client type | Clients | Assets |
| --- | --- | --- |
| Pooled investment vehicles (other than investment companies and business development companies) | 22 | $12,238,930,780 |

### Advisory services (Item 5.G)
- Portfolio management for pooled investment vehicles (other than investment companies)

### Firm details
- Registered since: 2019 (6 years)
- Employees: 241 total, 110 performing advisory functions
- Wrap fee program participation: No
- States registered or notice-filed: CA, DE, FL, NC, NY, TX
- Disclosures (Item 11): Reports no disclosure items on Form ADV Item 11.

### Other offices (Schedule D, Section 1.F), as of the April 2026 filing
- Raleigh, NC
- Ranga Reddy, Hyderabad
- Walnut Creek, CA
- West Palm Beach, FL

### Websites listed on Form ADV (Item 1.I)
- bspcredit.com/us
- fbrtreit.com
- LinkedIn @BENEFIT-STREET-PARTNERS
- LinkedIn @BENEFIT-STREET-PARTNERS-COMMERICAL-REAL-ESTATE

## Assets and staff over time

| Data period | Regulatory assets under management | Employees | Filing dated |
| --- | --- | --- | --- |
| October 2021 | $813,592,974 | 190 | March 31, 2021 |
| October 2022 | $1,870,536,633 | 218 | August 9, 2022 |
| October 2023 | $3,555,370,895 | 221 | March 30, 2023 |
| October 2024 | $4,222,953,879 | 227 | June 14, 2024 |
| October 2025 | $7,358,930,813 | 234 | July 21, 2025 |
| October 2026 | $12,238,930,780 | 241 | March 31, 2026 |

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.

## Changes in the filing (last 12 months)

### April 2026
- 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).

## Source

Form ADV as filed, October 2026. Values appear as filed. Cite as: AdvisorCensus. BSP CLO Management LLC (CRD 304962): Form ADV filing data as of October 2026.