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Alts manager FS Investments doubling size with merger
With the deal for Portfolio Advisors, FS Investments also gets its hands on a private equity fund that targets both wealth management and institutional clients.
State regulators concerned about impact of COVID-19 on private markets
NJ securities chief warns that private placements may be used for virus-related frauds
FS Investments and KKR merging more BDCs
This time, the managers are combining four nontraded BDCs into one $9 billion company.
FS Investments parts ways with Blackstone, announces new partnership with KKR
With $18 billion in assets, FS Investments and KKR will have the largest BDC on the market.
Investors thinking about retirement should understand BDCs
Traditional fixed-income holdings, such as bond funds, may not provide enough meaningful income as historically low interest rates have limited the yields available to investors.
