#United States #Darien #FS Investments #Portfolio Advisors #Co-Investment Fund

Portfolio Advisors Successfully Closes Fifth Co-Investment Fund

Portfolio Advisors, LLC, a prominent name in private markets management and affiliated with FS Investments, has confidently announced the closing of its fifth co-investment fund, PA Co-Investment Fund V (PCIF V). This fund, which reached its final closing on January 15, 2025, attracted a total commitment of $622 million, surpassing its initial target of $600 million. This significant achievement is a testament to the robust interest from both existing and new investors. Among these are pension funds, insurance companies, foundations, endowments, family offices, and high-net-worth individuals from both the United States and international markets.

Since inception, PCIF V has strategically committed around 65% of its available capital to an impressive roster of 20 portfolio companies. The fund's investment strategy remains focused on partnering with top-tier private equity sponsors to actively seek investments in U.S. mid-market companies undergoing either buyout or growth equity transactions. This consistent approach has been a hallmark of Portfolio Advisors’ methodology across all funds in the series.

Leading the charge for Portfolio Advisors' direct equity investment team are Adam Clemens and Benjamin Hur, whose combined experience of over 17 years has culminated in a track record of investing more than $1.9 billion in over 130 middle-market companies. Their guiding principle emphasizes forming strategic partnerships with high-quality sponsors, which ultimately drives the success of their investments.

In a statement, Adam Clemens expressed heartfelt gratitude for the unwavering support from both current and new investors, highlighting the clear demand for equity co-investment solutions aimed at accessing market-leading companies backed by esteemed sponsors. Benjamin Hur echoed these sentiments, emphasizing that the successful closure of PCIF V is indicative of the strength of Portfolio Advisors’ co-investment program. The team is poised to continue delivering attractive risk-adjusted returns, leveraging extensive relationships with sponsors and leveraging over a decade's worth of experience in co-investing in the mid-market sector of the U.S.

Founded on a high-performance culture, FS Investments manages assets exceeding $83 billion across various alternative asset classes and strategies. Their clientele consists of institutional investors, financial professionals, and individual investors. FS Investments prioritizes delivering innovative investment solutions and maintains a commitment to building value for clients while investing in its workforce and community support initiatives.

In summary, Portfolio Advisors’ success in closing PA Co-Investment Fund V signifies a strong demand for mid-market investment opportunities and reflects confidence in the firm’s strategy. As they move forward, the outlook for continued success in generating desirable returns remains bright, bolstered by robust relationships within the investment community and meticulous strategic execution.

For further information about FS Investments and its innovative asset management strategies, one can visit FS Investments' official website.