About Us

CCT is a publicly traded business development company (“BDC”) focused on investing in the debt of privately owned companies. We aim to deliver current income and, to a lesser extent, long-term capital appreciation. CCT’s portfolio is well diversified by company and industry. Our unique relationship with KKR Credit and FS Investments allows our clients to participate in proprietary opportunities sourced by leading global alternative asset managers. Our investment process is rigorous, with each portfolio company undergoing fundamental due diligence.

CCT launched in July 2011, and has since grown to become one of the largest BDCs in the market. As of December 31, 2017, CCT had approximately $4.2 billion of investments in 113 portfolio companies across 21 industries.

We are externally managed by FS/KKR Advisor, LLC, an investment adviser jointly operated by KKR Credit and FS Investments. KKR Credit is a subsidiary of KKR &  Co. L.P. and FS Investments is a subsidiary of Franklin Square Holdings, L.P.  SEC exemptive relief provides CCT with the opportunity to co-invest on a pro rata basis in all KKR Credit deal flow that fits within its mandate.

KKR & Co. L.P. is a leading global investment firm with a 41-year history of leadership, innovation and investment excellence. KKR manages investments across multiple asset classes, including private equity, energy, infrastructure, real estate, credit and, through its strategic partners, hedge funds. KKR is listed on the New York Stock Exchange (NYSE: KKR) and reported $168.5 billion of assets under management as of December 31, 2017.

FS Investments is a leading asset manager dedicated to helping individuals, financial professionals and institutions design better portfolios. The firm provides access to alternative sources of income and growth and focuses on setting industry standards for investor protection, education and transparency. FS reported more than $20 billion in assets under management as of December 31, 2017.

All figures above are as of December 31, 2017