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 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.

$
29.4
B+
assets under management1
25
+
year track record
700
+
portfolio companies2
our advantage
middle market expertise
We provide customized financing solutions to support the growth of lower, core and upper middle market companies.
agility
The breadth of our platform allows us to anticipate evolving borrower needs and seize upon shifting and emerging investment opportunities for our clients.
discipline
We rely on rigorous credit selection to source opportunities across the capital structure in primary and secondary markets, offering investors diversified access to private and public credit.
strategies
senior credit
Privately originated senior financing solutions for lower, core and upper middle market borrowers.
Junior Credit
Privately originated junior debt investments in middle market companies with equity upside to support buyout and growth transactions.
Opportunistic credit
Bespoke capital solutions for non-traditional corporate borrowers and special situations.
Credit Secondaries
Secondary interests in private credit funds with a focus on mezzanine and high-quality opportunistic investments.
liquid credit
Portfolios of broadly syndicated loans managed through collateralized loan obligations.
investments
FS CREDIT INCOME FUND
An interval fund dynamically investing across private and opportunistic public credit (Class I: FCRIX).
FS CREDIT OPPORTUNITIES CORP.
A listed closed-end fund dynamically investing across private and opportunistic public credit (NYSE: FSCO).
FS KKR CAPITAL CORP.
A listed BDC investing in upper middle market direct lending and asset-based finance (NYSE: FSK).
PRIVATE CREDIT STRATEGIES
Providing a range of private credit solutions that can be tailored to meet unique investing needs.
insights
continuing education
know your alternatives®
We empower our partners with timely insights into innovative solutions, opportunities for continuing education and actionable perspectives on key market trends.
footnotes + disclosures
- Platform AUM estimated as of March 31, 2025. Future Standard defines a “Platform” as a group of internal investment teams with a similar primary investing strategy. References to “platform assets under management” or “Platform AUM” represent the AUM of the Funds managed by the investment teams at Future Standard, within the same Platform. References to “assets under management” or “AUM” represent the assets managed by Future Standard or its strategic partners as to which Future Standard is entitled to receive a fee or carried interest(either currently or upon deployment of capital) and general partner capital. Future Standard calculates the amount of AUM as of any date as the sum of: (i) the fair value of the investments of Future Standard’s investment funds; (ii) uncalled investor capital commitments from these funds, including uncalled investor capital commitments from which Future Standard is currently not earning management fees or carried interest; (iii) the fair value of other assets managed by Future Standard. Future Standard’s calculation of AUM and Platform AUM may differ from the calculations of other asset managers and, as a result, Future Standard’s measurements of its AUM and Platform AUM may not be comparable to similar measures presented by other asset managers. Future Standard’s definition of AUM and Platform AUM is not based on any definition of AUM that may be set forth in agreements governing the investment funds, vehicles or accounts that it manages and is not calculated.
- As December 31, 2024. Represents assets under management for FS KKR Capital Corp. and private credit strategies.