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Alternative Market Briefing

FS Investments merges with Portfolio Advisors

Monday, July 03, 2023

Bailey McCann, Opalesque New York:

FS Investments and Portfolio Advisors have combined their firms to create a $75 billion alternative asset manager.

Michael Forman will serve as Chairman and CEO of the combined firm, which will be led by a management committee with representatives from both FS Investments and Portfolio Advisors. Its members will include Forman, Enrico Gaglioti and Mike Kelly, Co-Presidents of FS Investments, and Brooks Lindberg and Elizabeth Campbell, Managing Directors at Portfolio Advisors.

The combined firm also announced its first joint initiative to grow the FS MVP Private Markets Fund, an SEC-registered private equity fund focused ......................

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