We are driven to uncover what others overlook.
Who We Are
LOOK BEYOND THE OBVIOUS IN INVESTING
We challenge convention to uncover what others overlook.
With a focus on the U.S. middle market built on specialized expertise and trusted relationships, we’re uniquely positioned to solve complex investment needs. Through disciplined execution, we deliver attractive, differentiated opportunities to optimize our clients’ portfolios.
With a focus on the U.S. middle market built on specialized expertise and trusted relationships, we’re uniquely positioned to solve complex investment needs. Through disciplined execution, we deliver attractive, differentiated opportunities to optimize our clients’ portfolios.
Key facts
As of
9/30/2025
$
86
B
Assets under management
30
+
Years’ experience
12
Offices globally
What We Do
DELIVERING DIFFERENTIATED OPPORTUNITIES
We bring together deep private markets expertise to design innovative investment solutions, customized to client needs and powered by a diverse set of capabilities, that drive differentiated performance.
Our Platforms
Private Equity
We build long-term partnerships with leading and emerging sponsors. Our private equity platform, focusing on the middle market, is designed to provide a single entry point to direct, secondary and primary investments across buyout, venture capital, growth equity and special situations.
Offerings
FS MVP PRIVATE MARKETs FUND
Credit
Our credit platform delivers tailored financing solutions to fuel the growth of private U.S. middle market companies. We leverage our team’s deep expertise to invest across the capital structure and seek to deliver strong returns for our investors with a relentless focus on capital preservation. Our strategies span senior, junior, opportunistic and liquid credit, and credit secondaries.
Offerings
FS Credit Income Fund
FS Credit Opportunities Corp.
FS KKR Capital Corp.
Real Estate
Our commercial real estate platform delivers debt and equity capital solutions tailored to anticipate the evolving needs of sponsors and borrowers. Our team leverages more than 20 years of experience and relationships to source high-quality investments and seeks to generate strong returns for investors.
Offerings
FS CREDIT REAL ESTATE INCOME TRUST
Multi-Asset
We dynamically invest in alternative strategies across equities, credit, commodities and currencies to navigate changing markets with agility and precision. We leverage our team’s deep experience in sourcing and underwriting direct and hedge fund strategies aiming to provide strong risk-adjusted returns.
Offerings
FS Multi-Strategy Alternatives Fund
Insights
private markets outlook
Category
Topic
Forged, not found: Selectivity shapes outcomes as momentum builds
Private markets enter 2026 with clear momentum. The rebound is real—but the early-cycle playbook that has defined past recoveries is unlikely to deliver this time.
JAN 30, 2026
1 HR 30 min read
report
Category
Topic
Enablers to beneficiaries: Private equity’s AI opportunity
The early phase of the AI cycle has been characterized by a highly concentrated distribution of returns. Value has accrued primarily to incumbent technology platforms investing hundreds of billions of dollars to control the AI infrastructure layer, as well as to downstream “picks and shovels” providers tied to that capital spending.
MAR 6, 2025
5 MIN READ
REPORT
Category
Topic
Is private credit a bubble?
The question has attracted abundant headlines but limited analytical depth. In this report we assess the underlying health of the private credit market.
NOV 27, 2025
27 MIN READ