Franklin Square Capital Partners, the largest manager of business development companies (BDCs), has unveiled an innovative structure for non-traded alternative investments that reduces fees and seeks to align the interests of investors, advisors, regulators and sponsors. The firm recently announced that FS Investment Corporation IV (FSIC IV), an income-focused non-traded business development company (BDC), commenced operations with an industry-leading commission structure that responds to FINRA Regulatory Notice 15-02 (15-02).

Franklin Square Capital Partners (Franklin Square), the largest manager of business development companies (BDCs), announced an upsizing of its senior secured unitranche loan to support the merger of Air Energi Group Limited with Swift Worldwide Resources Limited, a portfolio company of the New York-based middle market private equity firm Wellspring Capital Management, to form Airswift Holdings Limited.

$50 million commitment expands Greystone’s short-term lending platform.

Increase of senior secured unitranche loan supports acquisition of Plastal Industri.

Industry veteran to lead charge in expanding firm’s alternative platform

FSGCO–T presents new option to invest in credit opportunities.

Local fashion designer creates red dress for actress Ta’Rhonda Jones.

Alts leader exceeds $250 million mark in direct lending for 14th consecutive quarter.

FS Global Credit Opportunities Fund gives investors access to global corporate debt.