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…

Baker 1031 Investments is an independent broker-dealer representative and is not affiliated with, endorsed by, or sponsored by FS Investments. This page is Baker 1031’s own research profile of the sponsor. FS Investments and its logo are trademarks of their respective owner, used here for identification only.

Assets Under Mgmt
$85B
Year Founded
2007
Headquarters
Philadelphia, PA

FS Investments 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.

FS Investments 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.

FS Investments 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 FS Investments Offerings

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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