At BSP¹, we view responsible investment as a key component of disciplined credit investing. Where relevant, we evaluate sustainability risks as part of our broader risk assessment and portfolio management process – recognizing their potential impact on long-term performance, downside risk, and valuation.

As a predominantly non-control investor, our approach is pragmatic and tailored to the characteristics of private credit markets.

We focus on material issues, align with investor preferences, and embed responsible investment considerations in a way that is proportionate, flexible, and consistent with our fiduciary duty.

BSP’s approach is also informed by Franklin Templeton (“FT”), our parent company, a global asset manager and a long-standing signatory to the UN Principles for Responsible Investment. We draw on FT’s firmwide responsible investment frameworks and insights to support implementation and promote continuous improvement across our strategies.

For our clients, this means an investment philosophy grounded in sound credit fundamentals, complemented by a thoughtful, market-informed perspective on sustainability and governance.

¹BSP refers to BSP LLC and BSP NY LLC entities