Investments
20Portfolio Exits
8Funds
2Partners & Customers
6About FS Investments
FS Investments, formerly Franklin Square Capital Partners, is a manager of alternative investment funds designed to enhance investors' portfolios by providing access to asset classes, strategies, and asset managers that typically have been available to only the largest institutional investors. The company was founded in 2007 and is based in Kansas City, Missouri.
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Latest FS Investments News
Feb 3, 2023
Private Equity Philadelphia-based FS Investments has more than US$ 35 billion in assets under management. Darien, Connecticut-based Portfolio Advisors, LLC is a global middle-market private asset specialist with more than US$ 38 billion in assets under management. FS Investments signed a definitive agreement to acquire Portfolio Advisors. Michael Forman is a Philadelphia lawyer who founded FS Investments…
FS Investments Investments
20 Investments
FS Investments has made 20 investments. Their latest investment was in Drive Assurance as part of their Line of Credit on May 5, 2022.
FS Investments Investments Activity
Date | Round | Company | Amount | New? | Co-Investors | Sources |
|---|---|---|---|---|---|---|
5/26/2022 | Line of Credit | Drive Assurance | Yes | 1 | ||
2/4/2022 | Series D | LeddarTech | $116M | Yes | ams, BDC Capital, Cowen, Desjardins Capital, Export Development Canada, Fidelity Investments Canada, Fonds de Solidarite FTQ, FS Investments, Go Capital, Investissement Quebec, UI Investissement, and Undisclosed Investors | 7 |
3/8/2021 | Growth Equity - II | NYDIG | $200M | Yes | 43 | |
4/27/2017 | Series F | |||||
10/6/2016 | Private Equity - II |
Date | 5/26/2022 | 2/4/2022 | 3/8/2021 | 4/27/2017 | 10/6/2016 |
|---|---|---|---|---|---|
Round | Line of Credit | Series D | Growth Equity - II | Series F | Private Equity - II |
Company | Drive Assurance | LeddarTech | NYDIG | ||
Amount | $116M | $200M | |||
New? | Yes | Yes | Yes | ||
Co-Investors | ams, BDC Capital, Cowen, Desjardins Capital, Export Development Canada, Fidelity Investments Canada, Fonds de Solidarite FTQ, FS Investments, Go Capital, Investissement Quebec, UI Investissement, and Undisclosed Investors | ||||
Sources | 1 | 7 | 43 |
FS Investments Portfolio Exits
8 Portfolio Exits
FS Investments has 8 portfolio exits. Their latest portfolio exit was Altus Power on December 10, 2021.
Date | Exit | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Acquirer | Sources |
|---|---|---|---|---|---|
12/10/2021 | Reverse Merger | 3 | |||
Date | 12/10/2021 | ||||
|---|---|---|---|---|---|
Exit | Reverse Merger | ||||
Companies | |||||
Valuation | |||||
Acquirer | |||||
Sources | 3 |
FS Investments Acquisitions
5 Acquisitions
FS Investments acquired 5 companies. Their latest acquisition was Portfolio Advisors on February 02, 2023.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
|---|---|---|---|---|---|---|
2/2/2023 | Acquired | 1 | ||||
8/2/2021 | ||||||
3/3/2020 | Debt | |||||
12/17/2019 | ||||||
11/19/2015 | Private Equity |
Date | 2/2/2023 | 8/2/2021 | 3/3/2020 | 12/17/2019 | 11/19/2015 |
|---|---|---|---|---|---|
Investment Stage | Debt | Private Equity | |||
Companies | |||||
Valuation | |||||
Total Funding | |||||
Note | Acquired | ||||
Sources | 1 |
FS Investments Fund History
2 Fund Histories
FS Investments has 2 funds, including FS Tactical Opportunities Fund.
Closing Date | Fund | Fund Type | Status | Amount | Sources |
|---|---|---|---|---|---|
11/11/2020 | FS Tactical Opportunities Fund | $89.48M | 1 | ||
FS Credit Opportunities Fund |
Closing Date | 11/11/2020 | |
|---|---|---|
Fund | FS Tactical Opportunities Fund | FS Credit Opportunities Fund |
Fund Type | ||
Status | ||
Amount | $89.48M | |
Sources | 1 |
FS Investments Partners & Customers
6 Partners and customers
FS Investments has 6 strategic partners and customers. FS Investments recently partnered with Community College of Philadelphia on June 6, 2022.
Date | Type | Business Partner | Country | News Snippet | Sources |
|---|---|---|---|---|---|
6/2/2022 | Partner | United States | Additionally , at the gala , Forman announced a multi-year scholarship and internship partnership between FS Investments and CCP . | 1 | |
3/18/2021 | Partner | ||||
3/18/2021 | Partner | ||||
12/11/2017 | Partner | ||||
12/11/2017 | Partner |
Date | 6/2/2022 | 3/18/2021 | 3/18/2021 | 12/11/2017 | 12/11/2017 |
|---|---|---|---|---|---|
Type | Partner | Partner | Partner | Partner | Partner |
Business Partner | |||||
Country | United States | ||||
News Snippet | Additionally , at the gala , Forman announced a multi-year scholarship and internship partnership between FS Investments and CCP . | ||||
Sources | 1 |
FS Investments Team
9 Team Members
FS Investments has 9 team members, including , .
Name | Work History | Title | Status |
|---|---|---|---|
David J Adelman | Founder | Current | |
Name | David J Adelman | ||||
|---|---|---|---|---|---|
Work History | |||||
Title | Founder | ||||
Status | Current |
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