UNLOCK THE POWER OF THE VAULT

FS Energy and Power Fund Closes to New Investors

November 21, 2016

FS Energy and Power Fund Closes to New Investors

closed touchscreen is operated by businessman concept

November 21, 2016 | by Jared Schneider | Blue Vault

FS Energy and Power Fund, a non-traded BDC, closed its public offering to new investors on November 17, 2016. The final closing for any outstanding subscriptions that were accepted by the Company will occur on November 23, 2016.

FS Energy and Power Fund is a non-traded BDC with over $4 billion in assets under management and began operations in 2011. The BDC was sponsored and advised by FS Investments, an alternative investment management firm with over $18 billion in assets under management. The fund is sub-advised by GSO Capital Partners, the credit management subsidiary of Blackstone. Blackstone manages $361 billion in alternative investments for pension funds, endowments, insurance companies, sovereign wealth funds and high net worth investors.

 

Print Friendly, PDF & Email
Go Back
John E. Moriarty, ChFC
December 2015
February 3, 2016

I have been in the financial services industry for 20 years and our firm provides an education platform that gets clients to “think differently” about their financial picture.  For many years we have communicated to clients the need to diversify their portfolios using alternative asset classes and more specifically, private non-traded investments.  Due diligence on these types of financial vehicles is essential and when I learned about Blue Vault in 2010, our firm immediately began using their material as a tool to build confidence in the minds of our advisors on which alternatives to recommend to clients.  I am impressed with the way Blue Vault continues to add value to their subscribers and I view their publication as a tremendous resource in today’s complex world.