FS Energy and Power Fund Converts to Closed-End Fund in Major Reorganization

Reuters
2025/10/29
FS Energy and Power Fund Converts to Closed-End Fund in Major Reorganization

FS Energy and Power Fund has completed a corporate reorganization involving the conversion of its FS Specialty Lending Fund from a business development company to a closed-end fund registered under the Investment Company Act of 1940. The reorganization was effected through a merger with a newly created shell entity, now named FS Specialty Lending Fund, and was finalized on October 28, 2025. Shareholders approved the transaction at a special meeting held in September and October 2025. Following the reorganization, the fund entered into new agreements with its investment adviser, FS/EIG Advisor, LLC, and intends to seek a listing on the New York Stock Exchange, targeted for mid-November, pending market conditions and board approval.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. FS Energy and Power Fund published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-25-103241), on October 28, 2025, and is solely responsible for the information contained therein.

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