FS KKR Capital

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FS KKR Capital is an asset management firm that specializes in alternative investments. It was formed through the merger of FS Investment Corporation and KKR Credit Advisors. The company focuses on investments in private credit, which includes direct lending, senior secured loans, and mezzanine debt.
Since its formation in 2018, FS KKR Capital has become one of the leading alternative investment firms, with approximately $25.4 billion in assets under management as of June 30, 2021. The company offers a variety of investment products, including business development companies (BDCs), closed-end funds, and separately managed accounts.
FS KKR Capital’s investment strategy is centered around providing flexible, customized financing solutions to middle-market companies in a range of industries. This includes leveraged buyouts, recapitalizations, and growth financing. The firm’s experienced team of investment professionals uses a combination of industry expertise and rigorous due diligence to identify attractive investment opportunities.
In addition to its investment activities, FS KKR Capital also places a strong emphasis on responsible and sustainable investing. The firm has a dedicated Environmental, Social, and Governance (ESG) team that integrates ESG considerations into its investment process and actively engages with portfolio companies to drive positive impact.
Overall, FS KKR Capital is a well-respected and successful asset management firm that offers investors access to attractive alternative investment opportunities.

There are a few things that make FS KKR Capital stand out among other companies:
1. Focus on Middle Market Companies: FS KKR Capital specializes in providing capital and financing solutions to middle market companies. These are companies with annual revenues of $10 million to $2 billion, which often have unique financing needs that are not readily available from traditional banks and lenders.
2. Key Investment Strategies: The company employs two key investment strategies - Business Development Companies (BDCs) and Closed-End Funds (CEFs) - to provide capital to middle market companies. This allows FS KKR Capital to cater to a wide range of financing needs and risk profiles.
3. Experienced Management Team: The company has a highly experienced management team with a strong track record in credit and private equity investing. This expertise allows FS KKR Capital to identify and invest in high-quality middle market companies with growth potential.
4. Strong Market Position: FS KKR Capital is one of the leading BDCs and CEFs in the industry, with a diverse portfolio of investments and a strong balance sheet. This gives the company a competitive advantage in accessing attractive investment opportunities and managing risk effectively.
5. Investor-Focused Approach: The company has a clear focus on delivering attractive returns to its investors. This is evidenced by its consistent dividend payments and track record of generating strong returns for its shareholders.
6. Social Responsibility: FS KKR Capital has a strong commitment to social responsibility and sustainable investing. The company integrates environmental, social, and governance (ESG) factors into its investment process and actively supports initiatives that promote positive social and environmental impact.
7. Innovative Solutions: FS KKR Capital continually looks for innovative solutions to meet the evolving needs of its clients and investors. This includes leveraging technology and data analytics to identify opportunities and improve investment decision-making.

FS KKR Capital is a publicly-listed investment firm that focuses on providing capital solutions to middle-market companies. The company operates primarily through two business segments: Corporate Finance and Real Estate Finance.
In the Corporate Finance segment, FS KKR Capital provides senior secured loans, mezzanine debt, and equity investments to middle-market companies across a variety of industries. These investments are typically used for growth capital, refinancing, acquisitions, and recapitalizations.
In the Real Estate Finance segment, the company invests in commercial real estate debt, including senior and subordinated loans, as well as commercial mortgage-backed securities. These investments are primarily in the United States and are spread across various property types, including office, retail, industrial, and multi-family residential.
FS KKR Capital’s business model also includes managing investment funds that invest in its Corporate Finance and Real Estate Finance segments, as well as providing advisory services to other alternative asset managers. The company generates income through management fees, performance-based fees, and interest and dividend income from its investments.
Overall, FS KKR Capital’s business model focuses on providing capital solutions to middle-market companies and generating returns for its investors through a diversified portfolio of investments.

1. FS KKR Capital Corp. is a business development company that invests in middle market companies, typically with an enterprise value of $100 million to $2.5 billion.
2. The company was formed through a merger between FS Investment Corporation and KKR Credit Advisors in 2018.
3. FS Investment Corporation was founded in 2007 and went public in 2009, making it the first non-traded BDC to list on the New York Stock Exchange.
4. KKR Credit Advisors is a subsidiary of KKR & Co., a leading global investment firm with over $200 billion in assets under management.
5. The company is headquartered in Philadelphia, Pennsylvania and has offices in New York, Boston, Chicago, Dallas, and Los Angeles.
6. FS KKR Capital manages a diverse portfolio of investments across multiple industries, including business services, healthcare, consumer products, and energy.
7. The company primarily focuses on debt investments, including senior secured loans, mezzanine loans, and equity investments. It also has the ability to invest in other types of securities, such as high yield bonds, unsecured loans, and structured products.
8. FS KKR Capital has a strong track record of generating attractive returns for its investors. As of September 30, 2021, its net asset value (NAV) per share was $21.40, which represents an increase of 43% since its inception in 2007.
9. In addition to its portfolio of investments, FS KKR Capital also provides consulting and advisory services to its portfolio companies, helping them to improve operational efficiencies and grow their businesses.
10. The company is committed to responsible and sustainable investing practices, with a focus on environmental, social, and governance (ESG) factors.
11. FS KKR Capital is externally managed and advised by FS/KKR Advisor, LLC, a joint venture between FS Investments and KKR Credit Advisors.
12. The company has a strong leadership team with extensive experience in investment management and corporate finance.
13. FS KKR Capital is a publicly traded company, with shares listed on the New York Stock Exchange under the ticker symbol FSK. It also offers its investors the opportunity to reinvest their dividends through its dividend reinvestment program (DRIP).
14. In addition to its business activities, FS KKR Capital is dedicated to giving back to the community through its philanthropic initiatives. It has a partnership with City Year, a non-profit organization that helps students stay in school and on track to graduate.
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