FS KKR Capital : FSK Debt Investor Presentation March 2022
March 04, 2022 at 08:46 am EST
Share
FS KKR Capital Corp.
( N Y S E : F S K )
D e b t I n v e s t o r P r e s e n t a t i o n
March 2022
All information is as of December 31, 2021 unless otherwise noted
FS KKR ADVISOR & MARKET OVERVIEW
FS/KKR Advisor: Overview
Size & Scale
Market Reach
Scope
•
BDC totaling $17.2bn in assets
•
Global financial sponsor and
•
Primarily focused on upper middle
integrated within KKR's $187bn
corporate borrower relationships
market companies ($50-100mm+
credit platform
•
Management and investment
in EBITDA)
•
Direct involvement of over 200
teams with significant industry
•
Focused on U.S. senior secured
professionals including 160+
experience
debt financings
dedicated KKR Credit investment
professionals
3
FSK: A Leading BDC
Total Assets Under Management Ranked by Publicly Traded BDC Advisor/Manager ($bn)
$20.8
$17.2
$13.3
$10.2
$7.1
$5.5
$3.7
$3.6
$3.3
$2.8
$2.7
$2.7
$2.6
$2.6
$2.6
$2.6
$2.0
$1.9
$1.3
$0.6
$1.5
$2.0
ARCC
FSK
ORCC
BXSL
PSEC
GBDC
MAIN
GSBD
NMFC
PNNT &
OCSL
AINV
HTGC
SLRC &
BCSF
TSLX
CGBD
TCPC
PFLT
SUNS
FSK is the second largest publicly traded BDC as measured by total assets
4
FS/KKR Advisor: Overview
Established April 2018
$471bn AUM1
KKR Credit ($187bn AUM)1
Ability to commit in scale (up to $1bn in a single transaction) 1,400+ issuers across the KKR Credit platform
160+ dedicated investment professionals
~$3.3bn of KKR balance sheet invested across KKR credit strategies2
Ability to evaluate and commit across capital structures
$32bn AUM1
FS Investments
Deep team with BDC industry operational experience since 2006
Differentiated capital raising and fund management capabilities
Industry leading corporate affairs / BDC industry lobbying efforts
Industry leader in corporate governance and shareholder communications
Please see "Important Information" for a description of Assets Under Management calculation.
Includes legacy investments in KKR Financial Holdings LLC, a specialty finance vehicle listed on the New York Stock Exchange and various collateralized loan obligation vehicles. KKR balance sheet credit commitments include unfunded commitments as well as individual contributions.
5
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
Original Link
Original Document
Permalink
Disclaimer
FS KKR Capital Corp. published this content on 04 March 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 04 March 2022 13:45:08 UTC.
FS KKR Capital Corp. is an externally managed, non-diversified, closed-end management investment company, which regulates as a business development company (BDC). It is focused on providing customized credit solutions to private middle market United States companies. Its investment objectives are to generate current income and, to a lesser extent, long-term capital appreciation. Its portfolio is composed primarily of investments in senior secured loans and second lien secured loans of private middle market United States companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private United States companies. In addition, a portion of its portfolio may be comprised of corporate bonds, structured products, other debt securities and derivatives, including total return swaps and credit default swaps. It invests in sectors, such as financial services, commercial and professional services, among others. It is managed by FS/KKR Advisor, LLC.