FS Investment Corporation

FS Investment Corporation

FS Investment Corporation was established in 2011, operating as a publicly registered non-traded business development company (BDC) focused on direct lending and real estate investments. The firm sources deal flow from its Philadelphia headquarters, targeting middle-market US companies. The firm invests across private credit, real estate, and infrastructure. It originates senior secured loans, mezzanine debt, and real estate debt, typically in partnership with sponsors or through co-investment structures. US geographic coverage spans multiple regions. No additional offices, team size, or recent operational events are publicly available. The firm's structure as a non-traded BDC means it raises capital through periodic public offerings, allowing it to invest in illiquid assets without daily NAV fluctuations. FS Investment Corporation distinguishes itself by being a publicly offered, permanently capitalized vehicle for private credit, which provides patient investment capital relative to drawdown funds. That structure enables the firm to hold loans to maturity without redemption pressure from institutional LPs.