Franklin Square Capital Partners, a leading alternative asset manager, today announced that it is consolidating its brands under FS Investments. The firm’s name is now FS Investments and its affiliated broker-dealer, FS2 Capital Partners, is FS Investment Solutions. The transition coincides with the firm's expansion of its alternative investment solutions, as well as its education and distribution platforms.
An abbreviation of Franklin Square, “FS” precedes the names of the firm’s investment funds – FS Investment Corporation (NYSE: FSIC) and its three successor funds, FS Energy and Power Fund and FS Global Credit Opportunities Fund – as well as its co-managed operating company, FS OneEquity. Since 2011, FS Investments has been the firm’s brand for all investor communications, including account statements.
FS Investments currently expects to launch two additional strategies and a liquid alternatives platform in 2017. With a broad menu of alternative investment solutions, FS Investments will be in a position to help clients build better portfolios by providing income, growth and diversification.
“We were at the forefront of designing income-generating, private credit alternatives to help investors build better, more diversified portfolios,” said Michael C. Forman, Chairman and Chief Executive Officer of FS Investments. “Now we are working to offer more strategies, including private equity solutions, so that investors can diversify across the alternatives spectrum. The brand consolidation positions us to enter this new phase of expansion."
Investors recognize that the traditional portfolio asset mix may not generate sufficient returns in this persistent low interest rate, highly correlated market environment, and they expect to have conversations with their financial advisors about alternative investments. As FS Investments offers an expanded suite of product offerings, it will continue to make education a priority to help investors and their financial advisors better understand and use alternative investments. Today, the company launched its new website at www.fsinvestments.com, which features new educational resources, expert insights on investing and enhanced fund research capabilities.
With added investment strategies and robust education, FS Investments will continue expanding its distribution into new channels, including financial institutions, RIAs, wirehouses and institutional platforms.
Founded as Franklin Square Capital Partners in 2007, the firm has grown assets under management to over $18 billion as of June 30, 2016. “As FS Investments, we will carry our legacy forward by continuing to focus on the investor protection, transparency and performance that has helped us build relationships of trust with our clients,” explained Forman.
About FS Investments
FS Investments is a leading asset manager that designs alternative investments to help institutional, advisory and individual investors build better portfolios. Its solutions provide access to alternative asset classes and top managers through a spectrum of structures, including business development companies, closed-end credit funds and operating companies. The firm is dedicated to setting industry standards for investor-centric service, education and transparency.
FS Investments was founded in 2007 as Franklin Square Capital Partners. It is headquartered in Philadelphia with offices in Orlando and Washington D.C. The firm currently manages six funds with over $18 billion in assets under management as of June 30, 2016, and co-manages an operating company. Its affiliated broker-dealer, FS Investment Solutions, LLC (member FINRA/SIPC), distributes its offerings.