Franklin Square Investment Company III (“FSIC III”) is an alternative strategy that is available to many investors and is a leader in the world of alternative investments. Franklin Square Capital Partners has over $16 billion in assets under management. They partner with GSO Capital Partners, a Blackstone Company, which is one of the largest non-bank lenders in the world.
FSIC III invests in a variety of alternatives including private equity, senior secured loans, event-driven credit, venture capital and real estate, among others. The strategy seeks to lend to middle market companies with defensible market positions, stable positive cash-flow, proven management teams and viable exit strategies.
FSIC III’s objectives are to generate dependable current income, and to a lesser extent, long-term capital appreciation. Since they do not invest in traditional stocks and bonds, they are not highly correlated to the stock and bond markets.
FSIC III is a Business Development Company (BDC) and is held in a custodial account at TD Ameritrade. The minimum investment is $50,000.