Sponsor Profile

FS Investments

Philadelphia, PA · Founded 2007 · fsinvestments.com · Reviewed July 2026

FS Investments is a roughly $85 billion, credit-led alternatives manager—built on a BDC heritage and broadened by its merger with Portfolio Advisors—whose real estate activity sits alongside interval funds and…

Assets Under Mgmt
$85.0B
Full-Cycle Deals
0
Year Founded
2007
Headquarters
Philadelphia, PA

Overview

FS Investments is a roughly $85 billion, credit-led alternatives manager—built on a BDC heritage and broadened by its merger with Portfolio Advisors—whose real estate activity sits alongside interval funds and private-credit strategies distributed through the RIA channel. Real estate is a complementary rather than defining business, so for 1031 purposes the firm reads as an institutional manager with a real estate credit capability rather than a dedicated DST house.

Key strategies & advantages

  • Manages ~$85 billion built on a BDC/private-credit heritage, broadened by its Portfolio Advisors merger.
  • Offers real estate exposure alongside interval funds and credit strategies.
  • Distributes through the RIA channel, an institutional retail orientation.
  • Brings real estate credit capability rather than equity-only sponsorship.
  • Real estate is a complementary line within a credit-centric platform.
These describe the sponsor’s approach and potential advantages only, and should be weighed against the risks common to DST investments — illiquidity, loss of principal, and no guaranteed distributions. Full risk factors are in each offering’s Private Placement Memorandum.

Track record

Baker 1031 does not yet have full-cycle, deal-by-deal results for FS Investments in its dataset. Aggregate figures above, where shown, are sponsor-reported and not independently verified. Past performance does not guarantee future results.

Current offerings from this sponsor

Baker 1031 tracks this sponsor’s active DST and 1031-eligible offerings. Verified investors can review what’s currently available. Browse current offerings →

Gerald F. “Jerry” Baker, III — Founder & Managing Principal, Baker 1031 Investments · FINRA Series 22 / 63 · SIE. Read full bio →

Sponsor figures are sponsor-reported and not independently verified; they may reflect selection and survivorship bias, and past performance does not guarantee future results. This profile is educational and is not investment advice or an offer to sell or a solicitation to buy any security. Offerings are available only to accredited investors and are made solely through the sponsor’s Private Placement Memorandum. Securities offered through Aurora Securities, member FINRA/SIPC. Real estate investments involve risk, including possible loss of principal.

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