FS KKR Capital Corp. operates as a Business Development Company (BDC) with a primary investment focus on debt instruments. The firm delivers bespoke financing options specifically tailored for privately held, mid-sized American enterprises. Its investment portfolio predominantly comprises senior secured debt, though it also allocates a smaller portion to subordinated debt issued by these same private U.S. middle-market firms. The company acquires stakes in these loans either by participating in secondary market transactions or by directly providing capital to target companies as primary market investments. Its debt investment spectrum further includes first-lien and second-lien senior secured loans, alongside, to a lesser degree, subordinated or mezzanine loans. As part of its debt financing arrangements, the firm frequently obtains equity participation, such as warrants or options, serving as supplementary compensation. Beyond debt, FS KKR may also acquire non-controlling stakes in common or preferred equity of its target companies, either alongside a debt investment or through co-investment partnerships with financial sponsors. Furthermore, when opportunities arise, the fund is open to investing in corporate bonds and comparable fixed-income instruments. The fund explicitly avoids investments in nascent start-ups, companies undergoing turnaround situations, or those presenting speculative business models. Its focus remains squarely on established small to mid-sized enterprises located within the United States, specifically targeting firms with annual revenues ranging from $10 million to $2.5 billion. For private upper middle-market companies, FS KKR emphasizes comprehensive "one-stop" credit solutions, targeting those with annual EBITDA between $50 million and $100 million at the time of investment. When divesting from its securities, the company typically utilizes privately negotiated over-the-counter sales. For less liquid or illiquid holdings, alternative exit strategies include debt repayment, an initial public offering (IPO) of the underlying company, a merger, an outright sale, or a recapitalization event.
globenewswire.comFSK Deadline Alert: The Gross Law Firm Reminds FS KKR Capital Corp (FSK) Investors of Securities Class Action Deadline on July 6, 2026globenewswire.comJun 19
globenewswire.comBronstein, Gewirtz & Grossman LLC Urges FS KKR Capital Corp. Investors to Act: Class Action Filed Alleging Investor Harmglobenewswire.comJun 18
feeds.newsfilecorp.comBronstein, Gewirtz & Grossman LLC Urges FS KKR Capital Corp. Investors to Act: Class Action Filed Alleging Investor Harmfeeds.newsfilecorp.comJun 18
feeds.newsfilecorp.comFSK DEADLINE NOTICE: ROSEN, TOP RANKED GLOBAL COUNSEL, Encourages FS KKR Capital Corp. Investors with Losses in Excess of $100K to Secure Counsel Before Important Deadline in Securities Class Action - FSKfeeds.newsfilecorp.comJun 18
prnewswire.comSueWallSt Reminds FS KKR CAPITAL CORP. Investors of the Pending Class Action Lawsuit With a Lead Plaintiff Deadline of July 6, 2026 - FSKprnewswire.comJun 18