Form D · Other Investment Fund
KKR FS Income Trust
Philadelphia, PA · CIK 0001930679
Offering snapshot reported Nov 18, 2025 · SEC filing
- Reported sold
- $1.43B Offering amount: $5B
- Investors reported
- 1,380 Form D · investor count
- Minimum accepted
- $2.5K Reported outside-investor minimum
- First sale
- Jun 13, 2023 As reported in this filing
Fundraising history
Reported soldDates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.
What changed?
Latest filing versus its linked predecessor, where available.
- Reported sold$1,031,117,285 → $1,426,702,431
Filing history
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| Filed | Filing type | Reported sold | Change vs linked filing | Investors | Source |
|---|---|---|---|---|---|
| Nov 18, 2025 | Amendment | $1,426,702,431 | $395,585,146vs May 5, 2025 | 1,380 | SEC filing |
| May 5, 2025 | Amendment | $1,031,117,285 | $567,383,221vs Jul 22, 2024 | 1,380 | SEC filing |
| Jul 22, 2024 | Amendment | $463,734,064 | $91,834,064vs Jun 14, 2024 | 278 | SEC filing |
| Jun 14, 2024 | Amendment | $371,900,000 | $80,100,000vs Apr 26, 2024 | 202 | SEC filing |
| Apr 26, 2024 | Amendment | $291,800,000 | -$199,000,000vs Mar 8, 2024 | 47 | SEC filing |
| Mar 8, 2024 | Amendment | $490,800,000 | $210,800,000vs Jun 15, 2023 | 13 | SEC filing |
| Jun 15, 2023 | Initial | $280,000,000 | No comparison | 2 | SEC filing |
| Apr 3, 2023 | Initial | $515,000 | No comparison | 515 | SEC filing |
Offering details
- Securities
- Equity, Pooled investment fund
- Exemptions
- 06b
- Duration over one year
- Yes
- Business combination
- No
- Sales commissions
- $3.4M (estimated)
- Finders' fees
- $0
- Form D file number
- 021-484283
Estimate based on compensation arrangements with entities identified in Item 12.
Sales compensation recipients
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| Recipient | CRD | Associated broker-dealer |
|---|---|---|
| KKR Capital Markets, LLC | 000143571 | |
| FS Investment Solutions, LLC | 000145244 | |
| Stifel, Nicolaus & Company, Incorporated | 000000793 | |
| Morgan Stanley Smith Barney LLC | 000149777 | |
| Sanctuary Securities, Inc. | 000000205 | |
| RBC Capital Markets, LLC | 000031194 | |
| Strategic Alternative Funds Group, LLC | None | SAF Financial Securities, LLC · CRD 000284938 |
| Citigroup Global Markets Inc. | 000007059 | Citi Private Alternatives, LLC · CRD 000153777 |
| CAIS Capital LLC | 000154512 | |
| Merrill Lynch, Pierce, Fenner & Smith Inc. | 000007691 | |
| Goldman Sachs Custody Solutions | None |
Source: Form D, filed Nov 18, 2025. Minimum accepted may differ from a standard advertised minimum.
Fund connections
No confirmed ADV fund connection is available for this issuer.
People & organizations
Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.
| Name | Reported role |
|---|---|
| Barbara Adams | Director |
| Zach Chalfant | Executive |
| Brian R. Ford | Director |
| Michael C. Forman | Director, Executive |
| Brian Gerson | Executive |
| William Goebel | Executive |
| Richard I. Goldstein | Director |
| Michael J. Hagan | Director |
| Jeffrey K. Harrow | Director |
| Jerel Hopkins | Director |
| Osagie Imasogie | Director |
| James H. Kropp | Director |
| Steven Lilly | Executive |
| Drew O'toole | Executive |
| Daniel Pietrzak | Director, Executive |
| Elizabeth Sandler | Director |
| Stephen S. Sypherd | Executive |
| James Volk | Executive |
| Ryan Wilson | Executive |
Issuer details
Industry: Pooled Investment Fund (See others in industry)
Address:Philadelphia, PA, 19112