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.
$
40.8
B+
Assets under management1
30
+
year track record
300
+
sponsor relationships
our advantage
Middle market expertise
We provide access to high-growth middle market companies and top-quartile sponsors in a fragmented market with wide performance dispersion.
agility
The breadth of our platform positions us to provide strategic capital tailored to diverse sponsor needs, while offering investors a comprehensive, flexible approach to meeting portfolio allocation objectives.
discipline
Our sponsor relationships drive high-quality deal flow and market insights. This enhances our disciplined underwriting and strengthens our ability to sustain strong,
long-term returns.
strategies
Direct equity
Direct investments in established middle market companies alongside premier sponsors with attractive economics.
LP-led secondaries
Secondary investments in private equity funds managed by leading sponsors where we often have preferred access as a preapproved partner.
gp-led secondaries
Secondary purchases of high-quality, middle market companies through continuation funds alongside trusted sponsors.
primaries
Primary capital to support established and emerging sponsors, which forms the foundation of our sponsor network and drives deal flow across our strategies.
investments
FS MVP Private Markets Fund
An evergreen, tender-offer fund leveraging the full breadth of our private equity platform.
PRIVATE EQUITY STRATEGIES
Providing a range of private equity 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 Standards’ 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 Standards’ calculation of AUM and Platform AUM may differ from the calculations of other asset managers and, as a result, Future Standards’ measurements of its AUM and Platform AUM may not be comparable to similar measures presented by other asset managers. Future Standards’ 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 pursuant to any regulatory definitions.