Future Standard
Private credit lender based in Philadelphia, Pennsylvania.
Philadelphia-headquartered alternative asset manager, formed by combining FS Investments and Portfolio Advisors, whose credit platform finances private U.S. middle market companies across the capital structure, including senior, junior and opportunistic credit, and manages the BDC FS KKR Capital Corp. It also provides commercial real estate debt and reports about $94 billion of assets under management across 14 offices.
Profile
| Type | Private credit / direct lender |
| Headquarters | Philadelphia, Pennsylvania |
| Website | www.futurestandard.com |
| Market | Middle market |
| Coverage | International |
| Products | Senior secured loans, Mezzanine |
| Sectors | Real estate, Infrastructure, AI and GPU infrastructure |
Sources: Future Standard, Crusoe.
GPU and data center financings
Public financings naming Future Standard, from the GPU Financing Tracker.
| Date | Borrower | Amount | Type | Role | Source |
|---|---|---|---|---|---|
| Mar 27, 2025 | Crusoe | $225M | GPU-backed facility | participant | Crusoe / Upper90 |
Similar lenders
| Firm | Headquarters | Type | Focus | Published deal size |
|---|---|---|---|---|
| BlackRock | New York, New York | Private credit / direct lender | AI and GPU infrastructure, Data centers | - |
| Blackstone Credit & Insurance | New York, New York | Private credit / direct lender | Infrastructure, Real estate | - |
| Brookfield | New York, New York | Private credit / direct lender | Infrastructure, Data centers | - |
| ORIX USA | Dallas, Texas | Private credit / direct lender | Real estate, Data centers | - |
| BCI | Victoria, British Columbia, Canada | Private credit / direct lender | AI and GPU infrastructure, Infrastructure | - |
| Carlyle Global Credit | Washington, Washington, D.C. | Private credit / direct lender | Aviation, Infrastructure | - |
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