Franklin Square once again hosted the Children’s Scholarship Fund Philadelphia (CSFP) Annual Lottery Day last week at its Philadelphia headquarters.
FSIC III announced the addition of James W. Brown to its board of directors.
FS Investment Corporation II (“FSIC II”) announced today plans to release its fourth quarter and full year 2015 results on Friday, March 25, 2016.
Local fashion designer creates red dress for actress Ta’Rhonda Jones.
Franklin Square Capital Partners, the largest manager of business development companies (BDCs), has unveiled an innovative structure for non-traded alternative investments that reduces fees and seeks to align the interests of investors, advisors, regulators and sponsors. The firm recently announced that FS Investment Corporation IV (FSIC IV), an income-focused non-traded business development company (BDC), commenced operations with an industry-leading commission structure that responds to FINRA Regulatory Notice 15-02 (15-02).
With the introduction of FSIC IV, Franklin Square has created a new commission structure that lowers investor fees. InvestmentNews’ Bruce Kelly explores the significance to investors and the alternatives industry.
FS Investment Corporation IV (FSIC IV), a new business development company sponsored by Franklin Square Capital Partners (Franklin Square), has satisfied its minimum offering requirement, admitted its initial public investors as stockholders and commenced operations. FSIC IV has registered for public sale in a continuous offering up to 250 million shares of common stock.
Franklin Square Capital Partners announced key findings from its research on how financial advisors view alternative investments. When asked what attributes drive their choice of providers, independent broker dealers gave equal weight to their top two drivers: “delivers strong, consistent investment performance” and “has a high level of integrity and transparency.”
Industry veteran to lead charge in expanding firm’s alternative platform
FS Energy and Power Fund (FSEP), a business development company (BDC) focused primarily on investing in the debt and income-oriented equity securities of privately-held U.S. companies in the energy and power industry, announced its operating results for the quarter ended September 30, 2015.