Filing Details
- Accession Number:
- 0001104659-24-064332
- Form Type:
- 13D Filing
- Publication Date:
- 2024-05-21 20:00:00
- Filed By:
- Franklin Square Holdings, L.p.
- Company:
- Kkr Fs Income Trust Select
- Filing Date:
- 2024-05-22
- SEC Url:
- 13D Filing
Please notice the below summary table is generated without human intervention and may contain errors. Please refer to the complete filing displayed below for exact figures.
Name | Sole Voting Power | Shared Voting Power | Sole Dispositive Power | Shared Dispositive Power | Aggregate Amount Owned Power | Percent of Class |
---|---|---|---|---|---|---|
Franklin Square Holdings | 400,314 | 9.6% | ||||
FSH Seed Capital Vehicle I | 400,314 | 9.6% | ||||
Michael C. Forman | 400,314 | 9.6% | ||||
David J. Adelman | 400,314 | 9.6% |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
SCHEDULE 13D
(Amendment No. 6)*
Under the Securities Exchange Act of 1934
KKR FS Income Trust Select
(Name of Issuer)
Common Shares of Beneficial Interest, par value $0.01 per share
(Title of Class of Securities)
48256J 108
(CUSIP Number)
Michael C. Forman
KKR FS Income Trust Select
201 Rouse Boulevard
Philadelphia, PA 19112
(215) 495-1150
(Name, Address and Telephone Number of Person Authorized to Receive Notices and Communications)
With copies to:
James A. Lebovitz, Esq.
Eric S. Siegel, Esq.
Clay Douglas, Esq.
Dechert LLP
Cira Centre
2929 Arch Street
Philadelphia, PA 19104
Tel: (215) 994-4000
Fax: (215) 994-2222
May 20, 2024
(Date of Event which Requires Filing of this Statement)
If the filing person has previously filed a statement on Schedule 13G to report the acquisition which is the subject of this Schedule 13D, and is filing this schedule because of §§240.13d-1(e), 240.13d-1(f) or 240.13d-1(g), check the following box ¨.
NOTE: Schedules filed in paper format shall include a signed original and five copies of the schedule, including all exhibits. See §240.13d-7 for other parties to whom copies are to be sent.
1 | NAMES OF REPORTING PERSONS Franklin Square Holdings, L.P. | |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) ¨ (b) x | |
3 | SEC USE ONLY | |
4 | SOURCE OF FUNDS WC | |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5) 0 | ||
8 | SHARED VOTING POWER (See Item 5) 400,314.9456(1) | |||
9 | SOLE DISPOSITIVE POWER (See Item 5) 0 | |||
10 | SHARED DISPOSITIVE POWER (See Item 5) 400,314.9456 (1) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,314.9456 (1) | |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) ¨ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.6% | |
14 | TYPE OF REPORTING PERSON PN |
(1) Includes 400,314.9456 Class S common shares of beneficial interest, par value $0.01 per share (the “Shares”), of KKR FS Income Trust Select (the “Fund”) held by FSH Seed Capital Vehicle I LLC (the “Seed Vehicle”), a wholly-owned special purpose financing subsidiary of Franklin Square Holdings, L.P. (“FSH”). As the direct parent of the Seed Vehicle, FSH may be deemed to have shared voting and dispositive power of the Shares held by the Seed Vehicle.
1 | NAMES OF REPORTING PERSONS FSH Seed Capital Vehicle I LLC | |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) ¨ (b) x | |
3 | SEC USE ONLY | |
4 | SOURCE OF FUNDS AF | |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5) 0 | ||
8 | SHARED VOTING POWER (See Item 5) 400,314.9456 | |||
9 | SOLE DISPOSITIVE POWER (See Item 5) 0 | |||
10 | SHARED DISPOSITIVE POWER (See Item 5) 400,314.9456 |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,314.9456 | |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) ¨ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.6% | |
14 | TYPE OF REPORTING PERSON OO |
1 | NAMES OF REPORTING PERSONS Michael C. Forman | |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) ¨ (b) x | |
3 | SEC USE ONLY | |
4 | SOURCE OF FUNDS AF | |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ¨ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5) 0 | ||
8 | SHARED VOTING POWER (See Item 5) 400,314.9456 (2) | |||
9 | SOLE DISPOSITIVE POWER (See Item 5) 0 | |||
10 | SHARED DISPOSITIVE POWER (See Item 5) 400,314.9456 (2) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,314.9456 (2) | |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) ¨ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.6% | |
14 | TYPE OF REPORTING PERSON IN |
(2) Includes 400,314.9456 Shares held by the Seed Vehicle, a wholly-owned special purpose financing subsidiary of FSH. Mr. Forman and Mr. Adelman each own equal interests in the general partner of FSH, the direct parent of the Seed Vehicle, and may be deemed to have shared voting and dispositive power of the Shares held by FSH and the Seed Vehicle.
1 | NAMES OF REPORTING PERSONS David J. Adelman | |
2 | CHECK THE APPROPRIATE BOX IF A MEMBER OF GROUP (a) ¨ (b) x | |
3 | SEC USE ONLY | |
4 | SOURCE OF FUNDS AF | |
5 | CHECK IF DISCLOSURE OF LEGAL PROCEEDINGS IS REQUIRED PURSUANT TO ITEM 2(d) OR 2(e) ☐ | |
6 | CITIZENSHIP OR PLACE OF ORGANIZATION United States |
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH | 7 | SOLE VOTING POWER (See Item 5) 0 | ||
8 | SHARED VOTING POWER (See Item 5) 400,314.9456 (3) | |||
9 | SOLE DISPOSITIVE POWER (See Item 5) 0 | |||
10 | SHARED DISPOSITIVE POWER (See Item 5) 400,314.9456 (3) |
11 | AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 400,314.9456 (3) | |
12 | CHECK IF THE AGGREGATE AMOUNT IN ROW (11) EXCLUDES CERTAIN SHARES (See Item 5) ¨ | |
13 | PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (11) 9.6% | |
14 | TYPE OF REPORTING PERSON IN |
(3) Includes 400,314.9456 Shares held by the Seed Vehicle, a wholly-owned special purpose financing subsidiary of FSH. Mr. Forman and Mr. Adelman each own equal interests in the general partner of FSH, the direct parent of the Seed Vehicle, and may be deemed to have shared voting and dispositive power of the Shares held by FSH and the Seed Vehicle.
Item 1. | Security and Issuer. |
This Amendment No. 6 to Schedule 13D (this “Amendment”) amends and supplements the statement on Schedule 13D filed with the U.S. Securities and Exchange Commission on February 14, 2024 (the “Original Statement”), as amended and supplemented by Amendment No. 1 to Schedule 13D filed with the U.S. Securities and Exchange Commission (the “SEC”) on February 28, 2024 (“Amendment No. 1”), as further amended and supplemented by Amendment No. 2 to Schedule 13D filed with the SEC on March 14, 2024 (“Amendment No. 2”), as further amended and supplemented by Amendment No. 3 to Schedule 13D filed with the SEC on March 26, 2024 (“Amendment No. 3”) as further amended and supplemented by Amendment No. 4 to Schedule 13D filed with the SEC on March 28, 2024 (“Amendment No. 4”) and as further amended and supplemented by Amendment No. 5 to Schedule 13D filed with the SEC on April 23, 2024 (“Amendment No. 5”, and together with the Original Statement, Amendment No. 1, Amendment No. 2, Amendment No. 3 and Amendment No. 4, the “Prior Statements”), relating to the Class S common shares of beneficial interest, par value $0.01 per share (the “Shares”), of KKR FS Income Trust Select (the “Fund”), a Delaware statutory trust that has elected be regulated as a business development company under the Investment Company Act of 1940, as amended (the “1940 Act”). The Fund’s principal executive offices are located at 201 Rouse Boulevard, Philadelphia, Pennsylvania 19112. Capitalized terms used herein and not otherwise defined have the meanings assigned to such terms in the Prior Statements. Except as otherwise provided herein, each Item of the Prior Statements remains unchanged.
Item 5. | Interest in Securities of the Issuer. |
“Item 5. Interest in Securities of the Issuer” of the Prior Statements is hereby amended and restated in its entirety as follows:
“(a)-(b) The Reporting Persons’ responses to Rows 11, 12 and 13 of the cover page of this Schedule 13D that relate to the aggregate number and percentage of Shares beneficially owned by the Reporting Persons are incorporated herein by reference. The Reporting Persons’ responses to Rows 7, 8, 9 and 10 of the cover page of this Schedule 13D that relate to the number of Shares as to which the Reporting Persons have sole or shared power to vote or to direct the vote and sole or shared power to dispose or to direct the disposition of are incorporated herein by reference. The aggregate percentage of Shares reported as beneficially owned by the Reporting Persons was calculated based on 4,176,375.88 Shares outstanding as of May 22, 2024, which constitute all of the issued and outstanding Shares as of May 22, 2024.
(c) Except as set forth herein, the Reporting Persons have not engaged in any transactions in the Shares during the past sixty days.
(d) Not applicable.
(e) Not applicable.”
Item 7. | Material to Be Filed as Exhibits. |
SIGNATURE
After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.
Date: May 22, 2024
FRANKLIN SQUARE HOLDINGS, L.P. | |||
By: | /s/ Michael C. Forman | ||
Name: | Michael C. Forman | ||
Title: | Chief Executive Officer | ||
FSH Seed Capital Vehicle I LLC | |||
By: | Franklin Square Holdings, L.P., as Sole Member | ||
By: | /s/ Michael C. Forman | ||
Name: | Michael C. Forman | ||
Title: | Chief Executive Officer |
/s/ Michael C. Forman | |
Michael C. Forman | |
/s/ David J. Adelman | |
David J. Adelman |