Form D · Private Equity Fund
Benefit Street Partners Special Situations Fund (Cayman) L.P.
Grand Cayman, E9 · CIK 0001674171
Offering snapshot reported Aug 9, 2017 · SEC filing
- Reported sold
- $311M Indefinite offering
- Investors reported
- 22 Form D · investor count
- Minimum accepted
- $100K Reported outside-investor minimum
- First sale
- Apr 25, 2016 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$206,000,000 → $310,500,000
- Reported investors4 → 22
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Aug 9, 2017 | Amendment | $310,500,000 | $104,500,000vs Jan 26, 2017 | 22 | SEC filing |
| Jan 26, 2017 | Amendment | $206,000,000 | $151,000,000vs May 10, 2016 | 4 | SEC filing |
| May 10, 2016 | Initial | $55,000,000 | No comparison | 2 | SEC filing |
Offering details
- Securities
- Pooled investment fund
- Exemptions
- 06b, 3C, 3C.7
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $277K (estimated)
- Finders' fees
- $0
- Form D file number
- 021-262862
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| FAP USA, L.P. | 145860 | |
| Jefferies LLC | 2347 |
Source: Form D, filed Aug 9, 2017. Minimum accepted may differ from a standard advertised minimum.
Fund connections
Each card uses that adviser's latest imported filing. Filing dates can differ; these disclosures do not confirm a current relationship.
Matched by reported Form D file number
BSP SPECIAL SITUATIONS MASTER A L.P.
Investment adviser: BENEFIT STREET PARTNERS L.L.C.
- Gross asset value
- $385M
- Beneficial owners
- 67
- ADV minimum commitment
- $5M
Reported in Form ADV on Jul 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
CITIBANK NA
LEI E57ODZWZ7FF32TWEFA76
J.P. MORGAN SECURITIES LLC
SEC 8-35008
U.S. BANK GLOBAL CORPORATE TRUST SERVICES
LEI 6BYL5QZYBDK8S7L73M02
J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008
Fund asset history · 5 annual observations
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| Fiscal year | Gross assets | Beneficial owners | ADV filed |
|---|---|---|---|
| 2021 | $863,913,015 | 67 | Mar 31, 2022 |
| 2022 | $553,303,996 | 67 | Mar 30, 2023 |
| 2023 | $507,917,623 | 67 | Mar 29, 2024 |
| 2024 | $533,256,034 | 67 | Mar 28, 2025 |
| 2025 | $385,345,000 | 67 | Mar 31, 2026 |
Filing source
Form ADV 2122982 · Jul 30, 2026 · Schedule D 7.B.(1), fund 805-7174117207
Reported by BENEFIT STREET PARTNERS L.L.C. (CRD 158672).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
Matched by reported Form D file number
BSP SPECIAL SITUATIONS MASTER B L.P.
Investment adviser: BENEFIT STREET PARTNERS L.L.C.
- Gross asset value
- $36.7M
- Beneficial owners
- 67
- ADV minimum commitment
- $5M
Reported in Form ADV on Jul 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.
Service providers
Provider details
- Annual audit
- Yes
- Prime brokers
- Yes
- Custodians
- Yes
- Administrator other than the adviser
- Yes
- External marketing
- No
ERNST & YOUNG LLP
PCAOB 42
CITIBANK NA
LEI E57ODZWZ7FF32TWEFA76
J.P. MORGAN SECURITIES LLC
SEC 8-35008
J.P. MORGAN SECURITIES LLC
CRD 79 · SEC 8-35008
Fund asset history · 5 annual observations
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| Fiscal year | Gross assets | Beneficial owners | ADV filed |
|---|---|---|---|
| 2021 | $27,995,742 | 67 | Mar 31, 2022 |
| 2022 | $29,266,297 | 67 | Mar 30, 2023 |
| 2023 | $29,931,164 | 67 | Mar 29, 2024 |
| 2024 | $35,158,512 | 67 | Mar 28, 2025 |
| 2025 | $36,680,000 | 67 | Mar 31, 2026 |
Filing source
Form ADV 2122982 · Jul 30, 2026 · Schedule D 7.B.(1), fund 805-7431752233
Reported by BENEFIT STREET PARTNERS L.L.C. (CRD 158672).
Other-Than Anual Amendment For Registered Adviser.
Official IAPD profile (latest public filing). Historical values on this page come from the SEC/IAPD filing archive; the public profile may show a newer filing.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Benefit Street Partners Distressed Opportunities Gp L.P. | Executive |
| Benefit Street Partners Distressed Opportunities Ultimate Gp L.L.C. | Executive |
| Benefit Street Partners L.L.C. | Promoter |
| Benefit Street Partners Special Situations Gp L.P. | Executive |
| Benefit Street Partners Special Situations Ultimate Gp L.L.C. | Executive |
| Brent Buckley | Executive |
| Richard J. Byrne | Executive |
| Ray Costa | Executive |
| Thomas J. Gahan | Executive |
| David J. Manlowe | Executive |
| Michael E. Paasche | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Grand Cayman, E9, KY1-1104