Fifth Street Asset Management Inc. (FSAM) was a publicly traded asset management company that specialized in providing credit solutions to small and mid-sized businesses. The company was founded in 1998 and headquartered in Greenwich, Connecticut.
FSAM managed and advised two business development companies (BDCs) – Fifth Street Finance Corp. (FSC) and Fifth Street Senior Floating Rate Corp. (FSFR). These BDCs invested primarily in senior secured loans, mezzanine debt, and equity investments in small and mid-sized companies.
In March 2018, FSAM was acquired by Oaktree Capital Management and merged with Oaktree's existing BDC platform, Oaktree Specialty Lending Corporation, to create Oaktree Specialty Lending Corporation (OCSL).
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