DFX Intelligence

Private Credit Intelligence

The capital structure graph behind private markets. Who lent, to whom, under which sponsor, through which facility, how large the piece was, when it matures and what changed, with a filing behind every number. A BDC piece is that BDC's piece, a sum of pieces is a lower bound, and a sponsor is named with the evidence that names it.

BDC portfolio

FS KKR Capital Corp

BDCFSKCIK 1422183file 814-00757PHILADELPHIA, PAmanaged by FS/KKR ADVISOR, LLC

Fair value

$13B

as of Jun 30, 2026

Principal held

$12B

debt pieces, the filer's figure

Cost

$14B

91c on cost

Unfunded

$1.1B

commitments not yet drawn

Positions

942

225 borrowers

First lien

37%

83% debt by fair value

Quarters on the tape

since Dec 31, 2020

Facilities held

337

41 sponsors financed

Portfolio through time

Fair value by quarter end$13B as of Jun 30, 2026

Dec 31, 2020$1.9B then

Quarter	Fair value	Borrowers	On cost	PIK pos.	Avg spread
Jun 30, 2026	$13B	225	91c	21	546 bp
Mar 31, 2026	$14B	228	92c	21	553 bp
Dec 31, 2025	$16B	229	95c	28	564 bp
Sep 30, 2025	$15B	221	96c	28	565 bp
Jun 30, 2025	$15B	215	96c	30	578 bp
Mar 31, 2025	$16B	222	98c	27	598 bp
Dec 31, 2024	$35B	222	98c	120	558 bp
Sep 30, 2024	$16B	217	97c	36	564 bp
Jun 30, 2024	$15B	206	96c	38	583 bp
Mar 31, 2024	$15B	203	97c	51	597 bp
Dec 31, 2023	$47B	210	96c	106	619 bp
Sep 30, 2023	$16B	202	96c	63	613 bp
Jun 30, 2023	$16B	197	95c	58	617 bp
Mar 31, 2023	$16B	192	95c	52	611 bp
Dec 31, 2022	$36B	212	95c	102	611 bp
Sep 30, 2022	$17B	200	96c	49	634 bp
Dec 31, 2021	$26B	202	106c	66	630 bp
Dec 31, 2020	$1.9B	40	n/a	3	n/a

Each quarter end is the schedule as filed for that instant; a restated year end is taken from the latest filing that carries it.

Sponsors financed

No borrower on this schedule has a sponsor attribution yet.

Counted at BDC level here; the adviser page counts across every BDC it manages. A sponsor named by Form D signer consensus is an inference.

What changed

New borrower on a BDC scheduleJun 30, 2026
GE Vernova Electrification Software LLC first appears in a BDC schedule (4 lenders)
New lender joined a facilityJun 30, 2026
FS KKR Capital Corp joins Clearwater Analytics Holdings, Inc other (unknown) held by 7 other BDCs
New borrower on a BDC scheduleJun 30, 2026
Cyncly first appears in a BDC schedule (1 lender)
New lender joined a facilityJun 30, 2026
FS KKR Capital Corp joins Pavement Preservation Acquisition, LLC other (unknown) held by 5 other BDCs
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Sorenson Communications LLC (148 to 141 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Avida Holding AB (123 to 115 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Wittur Holding GmbH (112 to 104 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Advania Sverige AB (103 to 96 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Sweeping Corp of America Inc (102 to 96 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Turnpoint Services Inc (100 to 94 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Advanced Dermatology & Cosmetic Surgery (101 to 93 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Insightsoftware.Com Inc (100 to 89 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Lionbridge Technologies Inc (74 to 65 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in ATX Networks Corp (152 to 64 cents on cost)
Marked down (one lender)Jun 30, 2026
FS KKR Capital Corp: fair value markdown in Quoizel, LLC (73 to 57 cents on cost)
Spread increasedJun 30, 2026
FS KKR Capital Corp: spread increased in Affordable Care Inc (6.00% to 10.00%)
Spread increasedJun 30, 2026
FS KKR Capital Corp: spread increased in Nidda Healthcare Holding AG (7.00% to 9.50%)
Spread increasedJun 30, 2026
FS KKR Capital Corp: spread increased in Accuride Corp (4.50% to 8.50%)
Spread increasedJun 30, 2026
FS KKR Capital Corp: spread increased in Corsearch Intermediate Inc (5.50% to 6.00%)
Spread increasedJun 30, 2026
FS KKR Capital Corp: spread increased in Legends Hospitality Holding Company, LLC (5.00% to 5.50%)

Every position change, including routine ones

Largest facilities held, with co-lenders

Credit Opportunities Partners JV, LLC other
1 BDC hold it
$2.0B 83c
Kellermeyer Bergensons Services LLC first lien term loan
4 BDCs hold it · matures Nov 6, 2028
$338M 74c
Production Resource Group LLC first lien term loan
2 BDCs hold it · matures Oct 1, 2030
$319M 104c
Peraton Corp second lien term loan
10 BDCs hold it · matures Feb 1, 2029
$297M 70c
Solera LLC second lien term loan
1 BDC hold it · matures Jun 1, 2029
$280M 79c
Galaxy Universal LLC first lien term loan
2 BDCs hold it · matures May 1, 2028
$241M 98c
Medallia, Inc first lien term loan
5 BDCs hold it · matures Oct 29, 2028
$234M 50c
Nordic Climate Group Holding AB other
1 BDC hold it · matures Jun 1, 2031
$232M 111c
Advania Sverige AB first lien term loan
1 BDC hold it · matures Jun 1, 2031
$218M 96c
Tangoe LLC first lien term loan
1 BDC hold it · matures Jun 1, 2028
$192M 80c
ATX Networks Corp other
2 BDCs hold it · matures Sep 1, 2028
$184M 64c
MB2 Dental Solutions, LLC first lien term loan
4 BDCs hold it · matures Feb 13, 2031
$167M 100c

Schedule of investments at Jun 30, 2026

942 positions

Borrower	Instrument	Principal	Fair value	Rate	Maturity
Credit Opportunities Partners JV, LLC	unstated lien unstated	$2.0B	$1.6B 83c
athenahealth Inc Health Care Equipment & Services	preferred equity equity	n/a	$402M 103c	S+1080 bp
Production Resource Group LLC	term loan first lien	$308M	$318M 104c	S+750 bp	Oct 1, 2030
Kellermeyer Bergensons Services LLC	term loan first lien	$230M	$226M 100c	S+530 bp	Nov 1, 2028
Solera LLC Software & Services	term loan second lien	$280M	$216M 79c	S+900 bp	Jun 1, 2029
JW Aluminum Co Materials	preferred equity equity	n/a	$206M 165c
Roemanu LLC, ABF Equity Financial Services	unstated lien unstated	n/a	$194M 87c
Global Jet Capital LLC	preferred equity equity	n/a	$158M 77c
MB2 Dental Solutions LLC	term loan first lien	$156M	$156M 100c	S+550 bp	Feb 1, 2031
Tangoe LLC	term loan first lien	$166M	$139M 84c	S+670 bp PIK 1.70%	Dec 1, 2027
KKR Altitude II Offshore Aggregator LP	equity equity	n/a	$129M 110c
Summit Interconnect Inc	term loan first lien	$132M	$127M 97c	S+600 bp	Sep 1, 2028
Hibu Inc	term loan first lien	$121M	$121M 101c	S+630 bp	May 1, 2027
Galaxy Universal LLC	term loan first lien	$123M	$120M 98c	S+630 bp	May 1, 2028
Medallia Inc Software & Services	term loan first lien	$234M	$117M 50c	S+600 bp	Oct 1, 2028
Peraton Corp	term loan second lien	$168M	$115M 71c	S+800 bp	Feb 1, 2029
Bonterra LLC	unstated lien unstated	$117M	$114M 98c	S+500 bp	Mar 1, 2032
3Pillar Global Inc	term loan first lien	$122M	$105M 86c	S+600 bp	Nov 1, 2027
Frontline Road Safety LLC	unstated lien unstated	$107M	$104M 98c	S+500 bp PIK 2.30%	Mar 1, 2032
General Datatech LP Software & Services	term loan first lien	$104M	$102M 98c	S+630 bp	Jun 1, 2027
Radwell International LLC	term loan first lien	$102M	$102M 100c	S+480 bp	Apr 1, 2030
PSKW LLC (dba ConnectiveRx) Health Care Equipment & Services	term loan first lien	$101M	$101M 100c	S+550 bp	Mar 1, 2028
Oxford Global Resources LLC	term loan first lien	$99.8M	$99.7M 100c	S+600 bp	Aug 1, 2027
Integrity Marketing Group LLC	term loan first lien	$98.0M	$97.9M 100c	S+500 bp	Aug 1, 2028
Gigamon Inc	term loan first lien	$103M	$97.6M 95c	S+580 bp	Mar 1, 2029
Apex Service Partners LLC	unstated lien unstated	$92.3M	$92.3M 101c	S+500 bp	Oct 1, 2030
Kilter Finance, Preferred Stock \| Insurance Insurance	preferred equity equity	$91.8M	$91.8M 100c	S+1200 bp PIK 6.00%
American Vision Partners Corp	term loan first lien	$89.1M	$89.1M 100c	S+580 bp	Sep 1, 2027
Peraton Corp	term loan second lien	$130M	$88.6M 70c	S+780 bp	Feb 1, 2029
Zeus Industrial Products Inc	unstated lien unstated	$90.4M	$85.8M 95c	S+540 bp	Feb 1, 2031
Industria Chimica Emiliana Srl Pharmaceuticals, Biotechnology & Life Sciences	term loan first lien	$75.5M	$83.8M 93c	S+580 bp PIK 1.00%	Sep 1, 2028
PartsSource Inc	term loan first lien	$82.0M	$81.9M 100c	S+580 bp	Aug 1, 2028
Clarience Technologies LLC	term loan first lien	$80.5M	$80.1M 100c	S+480 bp	Feb 1, 2032
Foundation Risk Partners Corp	term loan first lien	$79.9M	$79.9M 101c	S+480 bp	Oct 1, 2030
Galway Partners Holdings LLC	term loan first lien	$77.9M	$77.9M 101c	S+450 bp	Sep 1, 2028
Med-Metrix	term loan first lien	$78.0M	$76.3M 98c	S+450 bp	Jul 1, 2032
Net Documents	term loan first lien	$75.5M	$74.4M 99c	S+480 bp	Jul 1, 2029
Zendesk Inc	unstated lien unstated	$73.0M	$72.8M 100c	S+500 bp	Nov 1, 2028
Resa Power LLC	unstated lien unstated	$70.2M	$70.9M 101c	S+450 bp	Apr 1, 2032
My Community Homes PropCo 2	term loan lien unstated	$67.8M	$67.8M 100c	S+100 bp	Mar 1, 2034
CSafe Global	term loan first lien	$67.4M	$67.4M 100c	S+580 bp	Dec 1, 2028
Horizon CTS Buyer LLC	unstated lien unstated	$66.2M	$66.1M 100c	S+480 bp	Mar 1, 2032
VetCor Professional Practices LLC	term loan first lien	$66.9M	$65.0M 98c	S+580 bp	Aug 1, 2029
Galaxy Universal LLC	term loan first lien	$65.9M	$63.7M 97c	S+550 bp	May 1, 2028
Advania Sverige AB	term loan first lien	$51.4M	$62.1M 96c	S+500 bp	Jun 1, 2031
ATX Networks Corp	unstated lien unstated	$100M	$61.5M 65c	S+700 bp	Sep 1, 2026
Heniff Transportation Systems LLC	term loan first lien	$70.7M	$61.2M 88c	S+600 bp	Jul 1, 2027
Wittur Holding GmbH	term loan second lien	$58.7M	$61.2M 96c	S+600 bp PIK 5.90%	Dec 1, 2028
Netsmart Technologies Inc	unstated lien unstated	$61.1M	$60.3M 99c	S+520 bp PIK 2.70%	Aug 1, 2031
USIC Holdings Inc	unstated lien unstated	$60.4M	$60.1M 100c	S+550 bp	Sep 1, 2031
AVE Holdings I Corp (fka Amerivet Partners Management Inc)	unstated lien unstated	$66.6M	$59.6M 90c	S+550 bp	Feb 1, 2028
NCI Inc Software & Services	equity equity	n/a	$58.6M 290c
Dental Care Alliance Inc	term loan first lien	$58.2M	$58.2M 100c	S+650 bp	Jun 1, 2031
Flexera Software LLC	unstated lien unstated	$59.8M	$57.6M 96c	S+480 bp	Aug 1, 2032
Insight Global LLC	term loan first lien	$57.1M	$57.1M 101c	S+500 bp	Sep 1, 2028
Source Code LLC Software & Services	term loan first lien	$51.8M	$51.3M 99c	S+650 bp	Jul 1, 2027
Legends Hospitality LLC	unstated lien unstated	$51.6M	$51.1M 100c	S+550 bp PIK 2.80%	Aug 1, 2031
Lionbridge Technologies Inc	term loan first lien	$51.1M	$51.1M 100c	S+500 bp	May 1, 2031
Galaxy Universal LLC	term loan first lien	$51.5M	$49.9M 98c	S+580 bp	May 1, 2028
DuBois Chemicals Inc Materials	unstated lien unstated	$49.8M	$48.9M 99c	S+500 bp	Jun 1, 2031
Avida Holding AB Financial Services	equity equity	n/a	$48.7M 61c
Community Brands Inc	term loan first lien	$50.9M	$48.4M 96c	S+530 bp	Jul 1, 2031
48Forty Solutions LLC	preferred equity equity	n/a	$45.8M 82c
801 5th Ave, Seattle, Structured	subordinated debt unsecured or subordinated	$64.3M	$45.6M 74c	S+1100 bp PIK 3.00%	Dec 1, 2029
Mercer Advisors Inc	unstated lien unstated	$44.0M	$43.8M 100c	S+450 bp	Oct 1, 2030
Reliant Rehab Hospital Cincinnati LLC	term loan first lien	$42.3M	$42.3M 101c	S+630 bp	Feb 1, 2028
Advanced Dermatology & Cosmetic Surgery	term loan first lien	$44.7M	$41.3M 93c	S+650 bp	May 1, 2027
Revere Superior Holdings Inc	term loan first lien	$42.2M	$41.0M 98c	S+500 bp	Oct 1, 2029
Sorenson Communications LLC	term loan first lien	$53.2M	$41.0M 128c		Apr 1, 2030
One Call Care Management Inc Health Care Equipment & Services	unstated lien unstated	$40.9M	$40.9M 103c	S+850 bp	May 1, 2032
Time Manufacturing Co	term loan first lien	$45.2M	$39.6M 88c	S+650 bp	Dec 1, 2027
Misys Ltd Software & Services	preferred equity equity	n/a	$39.2M 97c	S+1330 bp
Spins LLC	term loan first lien	$39.9M	$39.2M 98c	S+480 bp	Jan 1, 2029
J S Held LLC	term loan first lien	$37.8M	$37.5M 99c	S+480 bp	Jun 1, 2028
PCI Pharma Services	unstated lien unstated	$37.8M	$37.2M 99c	S+500 bp	Oct 1, 2032
Service Express Inc	unstated lien unstated	$37.1M	$37.0M 100c	S+430 bp	Dec 1, 2032
Zentiva, Preferred Equity \| Pharmaceuticals, Biotechnology & Pharmaceuticals, Biotechnology & Life Sciences	preferred equity equity	$32.9M	$36.8M 99c	S+1100 bp	Apr 1, 2055
Insight Global LLC	term loan first lien	$36.6M	$36.6M 100c	S+500 bp	Sep 1, 2028
Insightsoftware.Com Inc	unstated lien unstated	$40.9M	$36.5M 89c	S+530 bp	May 1, 2028
Med-Metrix	term loan first lien	$37.0M	$36.2M 98c	S+450 bp	Jul 1, 2032
AOP SFR 1 LLC (FKA Avenue One PropCo)	term loan lien unstated	$35.6M	$35.6M 100c	S+100 bp	Mar 1, 2034
Spotless Brands LLC	unstated lien unstated	$35.5M	$35.5M 100c	S+550 bp	Jul 1, 2028
Sweeping Corp of America LLC	term loan first lien	$34.6M	$34.6M 100c	S+580 bp	Jun 1, 2027
Med-Metrix	term loan first lien	$34.1M	$33.3M 98c	S+450 bp	Jul 1, 2032
Affordable Care Inc Health Care Equipment & Services	equity equity	n/a	$33.2M 100c
Dental Care Alliance Inc Health Care Equipment & Services	equity equity	n/a	$33.1M 100c
Keystone Agency Partners LLC	unstated lien unstated	$33.3M	$33.1M 100c	S+430 bp	Aug 1, 2032
GreenSky Holdings LLC Financial Services	term loan lien unstated	$33.1M	$33.1M 100c	S+930 bp	Mar 1, 2034
Highgate Hotels Inc	unstated lien unstated	$33.1M	$33.1M 101c	S+550 bp	Nov 1, 2029
PayPal Danube 2, ABF Equity	unstated lien unstated	n/a	$33.0M 102c
Newday Group Jersey Ltd Financial Services	notes lien unstated	$24.7M	$32.7M 99c	S+1280 bp	Aug 1, 2036
Service Express Inc	unstated lien unstated	$32.7M	$32.7M 100c	S+430 bp	Dec 1, 2032
Model N Inc	unstated lien unstated	$32.4M	$32.1M 99c	S+480 bp	Jun 1, 2031
Fullsteam Holdings LLC	unstated lien unstated	$33.2M	$31.5M 96c	S+530 bp	Aug 1, 2031
Safe-Guard Products International LLC	term loan first lien	$31.4M	$31.4M 101c	S+480 bp	Apr 1, 2030
Cambrex Corp	unstated lien unstated	$30.7M	$30.9M 101c	S+480 bp	Mar 1, 2032
Apex Service Partners LLC	unstated lien unstated	$30.8M	$30.8M 100c	S+500 bp	Oct 1, 2030
Spotless Brands LLC	unstated lien unstated	$30.3M	$30.3M 101c	S+580 bp	Jul 1, 2028
Pike Corp	unstated lien unstated	$30.6M	$30.2M 99c	S+430 bp	Dec 1, 2032
NCI Inc Software & Services	term loan first lien	$30.1M	$30.1M 100c	S+750 bp	Aug 1, 2028

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Registration

Fiscal year end: 1231reported
Incorporated: MDreported
On the SEC BDC report: 2012 to 2026reported
Filings listed: 19reported10-Q and 10-K since 2022
Former names: FS Investment CORP; Franklin Square Investment CORPreported
Latest schedule: 0001628280-26-053783reported