Benefit Street Partners
Steve Sachman has extensive experience in private debt investing and investment banking. Steve started their career at Kidder Peabody & Co. in 1993 as an Associate in Investment Banking. Steve then moved to Smith Barney in 1995, where they worked as a Vice President in Investment Banking. In 1997, they joined Deutsche Bank Securities as a Managing Director. In 2006, they began working at BlackRock-US Private Capital Group as a Managing Director, specializing in principal private debt investing in middle market companies. Steve provided direct lending solutions including second-lien, mezzanine, and unitranche financings. In 2018, they joined Benefit Street Partners as a Managing Director in their Private Debt group, where they manage direct lending transactions with borrowers and intermediaries. Steve specializes in unitranche, first lien, and second lien structures.
Steve Sachman completed their Bachelor of Arts degree in Public Policy Studies at the University of Chicago from 1985 to 1989. Steve then pursued further education at NYU Stern School of Business, where they obtained their MBA in Finance from 1991 to 1993.
Benefit Street Partners
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Established in 2008, BSP and affiliates manage over $9 billion in assets across a broad range of credit strategies including high yield, levered loans, private / opportunistic debt, liquid credit, structured credit and commercial real estate debt. BSP utilizes fundamental credit analysis, proprietary sourcing, due diligence, sophisticatedstructuring and comprehensive risk management across all the credit strategies it manages.BSP focuses extensively on principal protection and security of returns when assuming investment opportunities, carefully managing overall risk. As a core principle, BSP does not compromise underwritten integrity for yield / returns enhancement. BSP is an affiliate of Providence Equity Partners.