FS Investments

Bitcoin surged to near $100,000 as investors anticipate a much friendlier crypto regulatory regime. Get our insights in our weekly #marketminute report and podcast. https://bit.ly/3ZnAUjy

Private middle market firms continue to drive notably higher growth than small- and large-cap public firms, highlighting the growth and diversification potential that private credit and equity markets may offer investors. #chartoftheweek

What can investors expect from the new Republican majority? Join Head of Public Policy Jason Cole and Chief U.S. Economist Lara Rhame as they dive into what the Trump win means for markets, policy and the economy: https://bit.ly/3CIPdGo

The dollar continues to surge, powered by rising U.S. interest rates. The DXY index is up over 3% since the election. Fed Chair Powell’s comments caused markets to question a December rate cut, pushing yields higher. Get more insights in our weekly #marketminute podcast and report. https://bit.ly/3Ocu8XB

Portfolio Advisors and FS Investments proudly participated as a sponsor at this year’s Plates with Purpose event in Stamford, CT. This extraordinary culinary event is organized each year by Filling in the Blanks, with the purpose of supporting their mission to end childhood hunger in the Norwalk, CT area. This year the event raised $340,000 to support children in need in our neighborhoods. We’re proud to give back to our community with such a great partner. Thank you Filling in The Blanks! #Community #GivingBack

Client Portfolio Manager Daniel Wilk joined Asset TV U.S. to speak to the opportunity in middle market private equity. He addressed its potential advantages vs. large cap PE, gave an overview on secondaries and described key investment structures: https://bit.ly/40NKIVa

Our latest Chairman’s Reception featured an informative conversation hosted by Director of Client Value-Add Programs Ginevra Czech, MBA, WMCP?? with Head of Public Policy Jason Cole and two of our leading Washington consultants, John Anderson and Zachary Rudisill. They discussed the potential impact of the election on tax, trade and other public policy.

Small caps have outperformed since the election, but quality remains a major concern. The percentage of Russell 2000 companies producing negative earnings is near an all-time high as the opportunity set has shifted toward private markets. #chartoftheweek

CEO Michael Forman will speak at The Philadelphia Citizen Ideas We Should Steal Festival, on a panel titled “When Public Meets Private: How Business Leaders Can Help Serve the Common Good.” The Ideas We Should Steal Festival is an annual conference that brings together changemakers and innovators from around the country to share powerful ways we can work together to create a city that meets today’s particular challenges and opportunities.

Stocks soared and sector performance tracked likely beneficiaries—Tesla, financials, and semiconductor names all led the gains. Get all the details in our weekly #marketminute report and podcast. https://bit.ly/3YBFclC