FS Investments promotes Mike Kelly to president Will retain role as chief investment officer [caption id="" align="alignnone" width="800"] Mike Kelly[/caption]   July 26, 2017 | InvestmentNews.com FS Investments has promoted Mike Kelly, currently its chief investment officer, to president. He will continue to lead the firm's investment efforts. The firm, based in Philadelphia, manages alternative assets and…

FS Investments Closes on More Than $1.7 Billion of Middle Market Commitments in the Fourth Quarter April 10, 2017 | FS Investments PHILADELPHIA, April 10, 2017 /PRNewswire/ -- FS Investments, a leading alternative investment manager and the largest manager of business development companies (BDCs), announced that its BDC direct lending platform committed more than $1.7 billion…

FS Investments Sponsors a New Nontraded REIT February 14, 2017 | by James Sprow | Blue Vault On February 13, FS Investments filed a prospectus with the SEC for FS Credit Real Estate Income Trust, Inc., a nontraded REIT program focused on floating-rate mortgage loans that are secured by first priority mortgages on transitional commercial…

FS Investments appoints head of capital markets and IR February 3, 2017 | hedgeweek  Alternative asset manager FS Investments has appointed Chris Condelles as head of capital markets and investor relations (IR). Condelles will serve as an executive vice president based in the firm’s Philadelphia headquarters.   In his new role, Condelles will help expand…

FS Investments Announces Results of Tender Offers for Four BDCs January 12, 2017 | James Sprow | Blue Vault FS Investments (formerly known as Franklin Square) was founded in 2007 and currently reports $18.7 billion in assets under management. Included in its investment programs are five BDCs (Business Development Companies) that invest in the credit of…