About FSK
About FS KKR Capital Corp.
FS KKR Capital Corp. (NYSE: FSK) is a publicly traded business development company (BDC) focused on providing customized credit solutions to private middle market U.S. companies. We seek to invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt and certain asset-based financing loans of private middle market U.S. companies to achieve favorable risk-adjusted returns for our investors.
Why FSK?
1
Provides direct lending and asset-based finance solutions to U.S. upper middle market companies
2
Offers a defensively positioned portfolio focused on generating current income and achieving strong risk-adjusted returns
3
Leverages the sourcing, underwriting, and risk management capabilities across KKR’s well-established $261B credit platform1
1. Assets Under Management as of June 30, 2025.
About FS/KKR Advisor, LLC
FS/KKR Advisor, LLC (FS/KKR), a partnership between an affiliate of Franklin Square Holdings, L.P. (Future Standard) and KKR Credit Advisors (US) LLC (KKR Credit), is one of the largest managers of business development companies (BDCs) based on total assets under management.
FSK is externally managed by FS/KKR. FS/KKR manages approximately $20 billion in assets under management as of June 30, 2025. FS/KKR seeks to leverage its size, scale and market reach to invest primarily in upper middle market companies. FS/KKR and its affiliates have significant experience in private lending and private equity investing, and have developed an expertise in using all levels of a firm’s capital structure to produce income-generating investments while focusing on risk management. FS/KKR also has extensive knowledge of the managerial, operational and regulatory requirements of publicly registered alternative asset entities, such as BDCs.
KKR is a leading global investment firm that offers alternative asset management as well as capital markets and insurance solutions. KKR aims to generate attractive investment returns by following a patient and disciplined investment approach, employing world-class people, and supporting growth in its portfolio companies and communities. KKR sponsors investment funds that invest in private equity, credit and real assets and has strategic partners that manage hedge funds. KKR’s insurance subsidiaries offer retirement, life and reinsurance products under the management of Global Atlantic Financial Group. References to KKR’s investments may include the activities of its sponsored funds and insurance subsidiaries.
Future Standard is a global alternative asset manager serving institutional and private wealth clients, investing across private equity, credit and real estate. With a 30+ year track record of value creation, we back the business owners and financial sponsors that drive growth and innovation across the middle market, transforming untapped potential into durable value.
