Franklin Square Capital Partners announced the launch of a new feeder fund for FS Global Credit Opportunities Fund (FSGCO), an unlisted closed-end fund. The new feeder fund, FS Global Credit Opportunities Fund–T (FSGCO–T), features a commission structure that is designed to be responsive to FINRA Regulatory Notice 15-02 by lowering upfront commissions and increasing the amount of capital available to the fund for investment. The firm expects to launch FS Global Credit Opportunities Fund–ADV (FSGCO–ADV), a fund designed for use in advisory accounts, in the coming weeks.

FSGCO seeks to generate a high level of total return through investing in value-based and event-driven opportunities in a broad range of debt securities in North American and Western European markets. As ofMarch 31, 2016, FSGCO managed approximately $1.5 billion in assets and is managed by an affiliate of Franklin Square and sub-advised by GSO Capital Partners LP (GSO).

"We see tremendous opportunity to capitalize on dislocations in credit markets," said Michael C. Forman, Chairman and Chief Executive Officer of FSGCO. "FSGCO provides investors efficient access to a leading credit investment platform to execute on this strategy, and we designed FSGCO–T and FSGCO–ADV to expand their options and help meet their investment objectives."

About Franklin Square

Franklin Square is a leading manager of alternative investment funds designed to enhance investors' portfolios by providing access to asset classes, strategies and asset managers that typically have been available to only the largest institutional investors. The firm's funds offer "endowment-style" investment strategies that help construct diversified portfolios and manage risk. Franklin Square strives not only to maximize investment returns but also to set the industry standard for best practices by focusing on transparency, investor protection and education for investment professionals and their clients.