FS Investments Overview
Pro stress-test →FS Investments is a global alternative asset manager that manages over $75 billion in assets for institutional investors, financial professionals, and individual investors. The firm is dedicated to helping clients design better portfolios by providing access to alternative sources of income, growth and absolute returns through funds managed in partnership with top institutional investment advisers.
Strategic Profile
Pro stress-test →FS Investments is one of Philadelphia's fastest growing companies, having been headquartered in Philadelphia since its founding in 2007. In February 2023, the firm announced a definitive agreement to combine with Portfolio Advisors, creating a $73 billion alternative investment firm. With over $83 billion in assets under management and nearly 600 employees as of February 2025, the firm is positioning for continued growth.
Competitive Landscape
Pro stress-test →FS Investments competes in the alternative asset management space against both large institutional asset managers (Blackstone, Carlyle, Apollo) and specialized alternatives firms. Key competitive advantages include: retail-focused distribution platform through wealth advisors and RIAs, focus on middle-market private assets, and commitment to investor education and transparency. The firm's combination with Portfolio Advisors expanded capabilities across private equity, credit and real estate to compete more comprehensively for institutional and UHNW capital.
Industry Context
FS Investments operates in Alternative asset management.
Key facts
Founded: 2007 · Headquarters: Philadelphia, US · Employees: 600 · Revenue: N/A · Market cap: N/A