Never settle

Meet a firm unbound by conventional thinking

We never settle on behalf of our investors

As a leading alternative asset manager, FS Investments strives to solve investor needs by creating access to alternative ideas and institutional-quality managers to achieve a higher probability of investment success. This dynamic approach actively supports our investors by providing the best in-class management, customized structures and investment education.

Partnering with industry leaders

Offering industry-leading portfolio management expertise

Our experts from a variety of backgrounds aspire to lead the industry in investment performance, investor protections and transparency.

Mike Kelly

Co-President +
Chief Investment Officer

Get Mike’s insights  

Lara Rhame

Chief U.S. Economist

Get Lara’s insights  

Troy Gayeski

Chief Market Strategist

Get Troy’s insights  

Ryan Caldwell

Chief Investment Officer,
Chiron Investment Management

Get Ryan’s insights  

Brian Cho

Head of Quantitative Research

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Access our insights on the
markets and economy

Read articles and research or listen to our podcast to get insights from our experts on the economy, real estate, credit, energy, alternatives and equities.

Committed to providing valuable educational opportunities

FireSide podcast

Tune in to our podcast for in-house expert analysis on economic, market and industry trends.

Market minute

Subscribe to receive our weekly analysis from the FS Investments Research team.


Access in-house expert analysis on markets and investment trends for the upcoming quarter.

We’ve partnered with NYDIG to offer secure, efficient access to Bitcoin

Learn more about our partnership with a true leader in the cryptocurrency space.

Our focus funds

Turning new thinking into alternative opportunities.

FS Chiron Capital Allocation Fund

A flexible, style-agnostic fund providing the potential for alpha globally

FS Credit REIT

Private, senior loans secured by commercial real estate

FS Credit Income Fund

An opportunistic, alternative credit solution

We’re part of something bigger  

FS Investments takes pride in our unwavering commitment to our clients, colleagues and surrounding communities. We’re devoted to giving back to something greater than ourselves.

FS Thrive

We extend our culture of innovation, grit and civic engagement to you with a collection of interactive value-add programs.

Diversity + inclusion

We believe our business is made stronger with a more diverse set of backgrounds, experiences and perspectives at the table.

Corporate social responsibility

We give back to our communities through volunteerism, charitable giving and nonprofit board service.

Risk factors

Investing involves risk, including possible loss of principal. There is no assurance that a Fund will meet its objective.

FS Credit Income Fund

The Fund is non-diversified under the Investment Company Act of 1940 since changes in the financial condition or market value of a single issuer may cause a greater fluctuation in the Fund’s net asset value than in a diversified fund.

Investing in the Fund involves risks, including the risk that a shareholder may receive little or no return on their investment or that a shareholder may lose part or all of its investment. Below is a summary of some of the principal risks of investing in the Fund. The following is only a summary of certain risks of investing in the Fund. For a more complete discussion of the risks of investment in the Fund, see the Fund’s prospectus, including the risk factors set forth under the heading entitled ’Types of Investments and Related Risks,’ before deciding to invest in the Fund.

Risks related to the Fund’s investments include risks relating to:

Other risks relating to the Fund include risks resulting from:

Accordingly, the Fund should be considered a speculative, long-term investment of limited liquidity that entails substantial risks, and prospective investors should invest in the Fund only if they can sustain a complete loss of their investments.

FS Credit Real Estate Income Trust

This sales and advertising literature does not constitute an offer to sell nor a solicitation of an offer to buy or sell securities. An offering is made only by the prospectus. This material must be read in conjunction with the FS Credit Real Estate Income Trust, Inc. (FS Credit REIT) prospectus in order to fully understand all of the implications and risks of the offering of securities to which the prospectus relates. A copy of the prospectus must be made available to you in connection with any offering. No offering is made except by a prospectus filed with the Department of Law of the State of New York. Neither the Securities and Exchange Commission nor any other regulatory body has approved or disapproved of FS Credit REIT’s securities or determined if its prospectus is truthful or complete. Neither the Attorney General of the State of New York nor the Securities Division of the Office of the Maryland Attorney General has passed on or endorsed the merits of this offering. Any representation to the contrary is a criminal offense.

Investing in FS Credit REIT involves significant risk, including the risk of a substantial loss of investment. The following are some of the risks an investment in FS Credit REIT’s common stock involves; however, you should carefully consider all of the information found in the section of FS Credit REIT’s prospectus entitled “Risk Factors” before deciding to invest in shares of FS Credit REIT’s common stock.

FS Chiron Capital Allocation Fund

Investing involves a high degree of risk, including possible loss of principal. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility and lower trading volume; international investments may involve risk of capital loss from unfavorable fluctuation in currency values, difference in generally accepted accounting principles or from social, economic or political instability in other nations. Emerging markets involve heightened risks related to these factors as well as increased volatility and lower trading volume. REIT investments are subject to changes in economic conditions, credit risk and interest rate fluctuations. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. There is no assurance that the Fund will meet its objective.

Securities offered through FS Investment Solutions, LLC (member FINRA/SIPC). FS Investment Solutions, LLC is an affiliated broker-dealer that serves as the wholesaling distributor of non-traded funds sponsored by FS Investments. FS Chiron Capital Allocation Fund and FS Chiron SMid Opportunities Fund are distributed by SEI Investments Distribution Co. (SIDCO), 1 Freedom Valley Drive, Oaks, PA 19456. SIDCO is not affiliated with FS Investments. An investment in any fund sponsored by FS Investments involves a high degree of risk and may be considered speculative.

The applicable fund’s prospectus contains this and other information. Investors may obtain a copy of the applicable fund’s prospectus free of charge at or by contacting FS Investments at 201 Rouse. Blvd., Philadelphia, PA 19112 or by phone at 877-628-8575. Investors should read and carefully consider all information found in the applicable fund’s prospectus and other reports filed with the U.S. Securities and Exchange Commission before investing.