Company Description
FS KKR Capital Corp. is a business development company specializing in investments in debt securities.
It provides customized credit solutions to private middle market U.S. companies. It invest primarily in the senior secured debt and, to a lesser extent, the subordinated debt of private middle market U.S. companies.
It seeks to purchase interests in loans through secondary market transactions or directly from the target companies as primary market investments.
It also seeks to invest in first lien senior secured loans, second lien secured loans and, to a lesser extent, subordinated loans, or mezzanine loans.
In connection with the debt investments, the firm also receives equity interests such as warrants or options as additional consideration.
It also seek to purchase minority interests in the form of common or preferred equity in our target companies, either in conjunction with one of the debt investments or through a co-investment with a financial sponsor.
Additionally, on an opportunistic basis, the fund may also invest in corporate bonds and similar debt securities.
The fund does not seek to invest in start-up companies, turnaround situations, or companies with speculative business plans.
It seeks to invest in small and middle-market companies based in United States. The fund seeks to invest in firms with annual revenue between $10 million to $2.5 billion.
It focus on providing customized one-stop credit solutions to private upper middle market companies with annual EBITDA of $50 million to $100 million at the time of investment.
It seeks to exit from securities by selling them in a privately negotiated over- the- counter market.
For any investments that are not able to be sold within the secondary market, the firm seeks to exit such investments through repayment, an initial public offering of equity securities, merger, sale or recapitalization.
| Country | United States |
| Founded | 2007 |
| Industry | Asset Management |
| Sector | Financials |
| CEO | Michael Forman |
Contact Details
Address: 201 Rouse Boulevard Philadelphia, Pennsylvania 19112 United States | |
| Phone | 215 220 6651 |
| Website | fskkradvisor.com |
Stock Details
| Ticker Symbol | FSK |
| Exchange | NYSE |
| Fiscal Year | January - December |
| Reporting Currency | USD |
| CIK Code | 0001422183 |
| CUSIP Number | 302635206 |
| ISIN Number | US3026352068 |
| Employer ID | 26-1630040 |
Key Executives
| Name | Position |
|---|---|
| Michael Craig Forman J.D. | Chairman and Chief Executive Officer |
| Daniel Ryan Pietrzak CPA | Co-President, Chief Investment Officer and Director |
| Brian Gerson | Co-President |
| Steven C. Lilly | Chief Financial Officer |
| Ryan L.G. Wilson CFA | Co-Chief Operating Officer |
| Drew O'Toole | Co-Chief Operating Officer |
| William Balke Goebel C.F.A., CPA | Chief Accounting Officer |
| Stephen S Sypherd J.D. | General Counsel and Secretary |
| James Francis Volk CPA | Chief Compliance Officer |
| Michael John Kelly | President and Chief Investment Officer of FS Investments |
Latest SEC Filings
| Date | Type | Title |
|---|---|---|
| Dec 20, 2024 | 8-K | Current Report |
| Dec 20, 2024 | 424B2 | Prospectus |
| Nov 20, 2024 | 8-K | Current Report |
| Nov 19, 2024 | 8-K | Current Report |
| Nov 15, 2024 | 424B2 | Prospectus |
| Nov 15, 2024 | 8-K | Current Report |
| Nov 14, 2024 | 8-K | Current Report |
| Nov 14, 2024 | FWP | Free Writing Prospectus |
| Nov 13, 2024 | 424B2 | Prospectus |
| Nov 13, 2024 | 40-17G | Filing |