FS MVP Private Markets Fund celebrates third anniversary with over $1 billion in assets
- Editor
- Feb 5
- 1 min read
What's Happening: FS Investments' FS MVP Private Markets Fund, an evergreen private equity fund focused on U.S. middle market companies, has reached its three-year anniversary with over $1 billion in assets under management. The fund has outperformed major market indices since its inception in July 2021.
The Key Moves:
The Fund's Class I shares returned 10.49% in 2024 and 12.99% annually since inception.
Assets under management surpassed $1 billion in January 2025.
The Fund primarily invests in private U.S. middle market companies through direct equity investments and secondaries.
By The Numbers :
12.99% annual return since inception for Class I shares, outperforming the Russell 2000 and S&P 500.
10.49% return in 2024 for Class I shares.
Middle market managers have historically outperformed large/mega cap managers by 382 basis points annually.
Key Quotes:
"We are pleased to deliver another year of strong performance for our shareholders, driven by our disciplined focus on private U.S. middle market companies," said Brooks Lindberg, Managing Director at FS Investments and Portfolio Manager of the Fund.
"We believe the U.S. middle market provides a compelling opportunity to access the growth engine of the U.S. economy at attractive valuations compared to the broader public markets," commented Dustin Ackerman, Senior Vice President at FS Investments and Co-Manager of the Fund.
*KQ3*
The Bottom Line: FS MVP Private Markets Fund has demonstrated strong performance in its first three years, capitalizing on the growth potential of U.S. middle market companies. The fund's success reflects both its focused investment strategy and increasing demand for private market investments.