Never settle

Turn unconventional thinking into alternative investment opportunities

We believe in democratizing alternatives

As alternative investment experts not confined by the limits of convention, we never settle to provide investors access to alternative investments historically available only to institutions and high-net worth individuals.

Now, alongside top minds and multiple leading industry partners, we continue in our pursuit to generate differentiated solutions for every individual’s portfolio needs.

Partnering with industry leaders

Get to know our thought leaders

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

Troy Gayeski

Chief Market Strategist


Get Troy’s insights  

Lara Rhame

Chief U.S. Economist


Get Lara’s insights  

Ryan Caldwell

Chief Investment Officer,
Chiron Investment Management

Get Ryan’s insights  

Brian Cho

Head of Quantitative Research


Get Brian’s insights  

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

Whether a professional managing portfolios or an individual working to meet your own financial goals, we’re here to enhance the understanding of how to leverage alternative investments, facilitate more meaningful conversations and present new 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.

Outlooks

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

As free thinkers, we advance portfolio design and investor outcomes with alternative solutions that span the liquidity spectrum.

FS Credit Income Fund   


An opportunistic, alternative credit solution

FS Credit REIT   


Private, senior loans secured by commercial real estate

FS Chiron Capital Allocation Fund   


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

FS Multi-Strategy Alternatives Fund   


A liquid alternative, multi-strategy 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.

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 www.fsinvestments.com 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.

FS Chiron Capital Allocation Fund

Investing involves risk, including possible loss of principal. Bonds and bond funds will decrease in value as interest rates rise. High yield bonds involve greater risks of default or downgrade and are more volatile than investment grade securities, due to the speculative nature of their investments. 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 or capital loss from unfavorable fluctuation in currency values, differences 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. As well, investments in smaller companies typically exhibit high volatility and lower trading volumes. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses.

FS Multi-Strategy Alternatives Fund

Investing in the Fund involves risk, 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 their investment. The strategies used by the Adviser, Underlying Managers, and Alternative Beta Providers may not be successful on an ongoing basis or could contain errors, omissions, imperfections, or malfunctions. These errors may result in, among other things, execution and allocation failures and failures to properly gather and organize large amounts of data from third parties and other external sources. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses. The stability and liquidity of many derivative transactions depend in large part on the creditworthiness of the parties to the transactions. If a counterparty to such a transaction defaults, exercising contractual rights may involve delays or costs for the Fund. The Fund may seek to profit from the occurrence of specific corporate or other events. A delay in the timing of these events, or the failure of these events to occur at all, may have a significant negative effect on the Fund’s performance. A short sale of a security involves the theoretical risk of unlimited loss because of increases in the market price of the security sold short. The Fund’s use of short sales, in certain circumstances, can result in significant losses. If there is a perception that a proposed merger, exchange offer, or cash tender offer transaction will not be consummated or will be delayed, the market price of the security may decline sharply negatively affecting the fund. In addition to the normal risks associated with investing, international and emerging markets may involve the risk of capital loss from unfavorable fluctuations in currency values, differences in generally accepted accounting principles, or social, economic, or political instability in other nations. The Fund is subject to interest rate risk and will decline in value as interest rates rise. Investments in commodities are subject to higher volatility than more traditional investments. The Fund may engage in leveraging and other speculative investment practices that may increase the risk of loss of investment, and accelerate the velocity of potential losses. The Fund is classified as a “non-diversified” investment company, which means that the percentage of its assets that may be invested in the securities of a single issuer is not limited by the 1940 Act.

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 www.fsinvestments.com or by contacting FS Investments at 201 Rouse. Blvd., Philadelphia, PA 19112 or by phone at 877-628-8575 for FS interval funds and closed-end funds or 877-924-4766 for FS mutual funds. 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.