FSIC II closed to new investors in March 2014 after raising over $3 billion in equity capital.
FSIC II is a business development company (BDC) managed by an affiliate of Franklin Square Capital Partners (Franklin Square) and sub-advised by an affiliate of GSO Capital Partners (GSO), the credit platform of Blackstone. We employ a defensive approach focused on long-term credit performance and principal protection. Our objectives are to provide investors with current income and, to a lesser extent, long-term capital appreciation. We invest primarily in the senior debt of private U.S. companies across a wide range of industries and geographies.
The core competencies of our managers rest within private debt and private equity investing. Our investors benefit from a double underwriting process through which, prior to undertaking an investment, the opportunity will be evaluated and approved by both Franklin Square’s and GSO’s investment committees. This investment process takes advantage of the combined credit expertise and resources of Franklin Square’s and GSO’s respective investment teams to evaluate the potential for an investment to generate attractive returns while minimizing downside risk.