Franklin Square Ranks Prominently On Forbes List Of America's Most Promising Companies
PHILADELPHIA, Feb. 7, 2013 /PRNewswire/ -- Franklin Square Capital Partners, a Philadelphia-based sponsor of alternative investment funds, has been ranked No. 13 on Forbes Magazine's 2013 list of America's Most Promising Companies, which recognizes 100 privately-held, high-growth companies with bright futures.
Franklin Square introduced its first fund in 2009 and is the only asset manager among the top 100 firms on Forbes' 2013 list. The firm has been a pioneer in bringing endowment-style investing to individual and smaller institutional investors through alternative funds.
"We're honored to receive recognition from Forbes for our rapid growth and future potential," said Michael Forman, Chief Executive Officer of Franklin Square Capital Partners. "We have talented folks and great partners committed to our mission of providing our investors access to investment strategies and asset managers traditionally available only to very large institutions and the like."
The top 50 companies appear in the February 11 print issue of Forbes. The full list of 100 Most Promising Companies is available online at www.forbes.com/most-promising-companies/.
About Forbes' America's Most Promising Companies List
One metric never says it all. For the Most Promising list, FORBES strove for a holistic gauge of young, privately-held companies, trying to pin down their trajectories by looking at a slew of variables. Over the course of six months FORBES reviewed thousands of applications. The final assessment is based on growth (both in sales and hiring), quality of management team and investors, margins, market size and key partnerships. FORBES turned to CB Insights, a Manhattan-based data research firm that specializes in assessing private companies, to refine the search. Their MOSAIC software scans 45,000 sources to measure a company's health. A new distribution deal, for example, marks a positive signal, while the loss of an executive is a negative. MOSAIC gathers those myriad signals into a final score that FORBES uses as an initial guide in producing the list. After verifying sales numbers, speaking with each company and debating their merits and blemishes, FORBES produces a final ranking.
About Franklin Square Capital Partners
Franklin Square is a national sponsor of alternative investment products. Founded in 2007, Franklin Square's goal is to provide institutional-class investment management through innovative alternatives managed by leading asset managers. Franklin Square believes that institutional-class investment portfolios are better-suited to manage risk and generate above-market returns than their traditional counterparts. Franklin Square is committed to best practices and transparency, including not funding distributions with offering proceeds or borrowings, mark-to-market pricing and a significant sponsor investment in its products. Franklin Square distributes its sponsored financial products to the broker-dealer community through its affiliated wholesaling broker-dealer, FS2 Capital Partners, LLC. For more information, please visit www.franklinsquare.com.
SOURCE Franklin Square Capital Partners
More by this Source
Franklin Square Employee Honored By Philadelphia Eagles For Military Service In Iraq
Jan 08, 2014, 14:08 ET
Franklin Square Capital Partners Launches New Global Credit Alternative
Dec 03, 2013, 09:08 ET
Integrity Of Alts Providers A Top Criterion Say Advisors
Nov 15, 2013, 09:10 ET
Browse our custom packages or build your own to meet your unique communications needs.
Learn about PR Newswire services
Request more information about PR Newswire products and services or call us at (888) 776-0942.