0000899243-23-014086.txt : 20230530 0000899243-23-014086.hdr.sgml : 20230530 20230530171651 ACCESSION NUMBER: 0000899243-23-014086 CONFORMED SUBMISSION TYPE: 3 PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20230529 FILED AS OF DATE: 20230530 DATE AS OF CHANGE: 20230530 REPORTING-OWNER: OWNER DATA: COMPANY CONFORMED NAME: Adelman David J. CENTRAL INDEX KEY: 0001438262 FILING VALUES: FORM TYPE: 3 SEC ACT: 1934 Act SEC FILE NUMBER: 814-01620 FILM NUMBER: 23977738 MAIL ADDRESS: STREET 1: CIRA CENTRE STREET 2: 2929 ARCH STREET, SUITE 675 CITY: PHILADELPHIA STATE: PA ZIP: 19104-2867 ISSUER: COMPANY DATA: COMPANY CONFORMED NAME: KKR FS Income Trust CENTRAL INDEX KEY: 0001930679 IRS NUMBER: 880591692 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 BUSINESS ADDRESS: STREET 1: 201 ROUSE BOULEVARD CITY: PHILADELPHIA STATE: PA ZIP: 19112 BUSINESS PHONE: 215-495-1150 MAIL ADDRESS: STREET 1: 201 ROUSE BOULEVARD CITY: PHILADELPHIA STATE: PA ZIP: 19112 FORMER COMPANY: FORMER CONFORMED NAME: FS KKR Income Trust DATE OF NAME CHANGE: 20220523 3 1 doc3.xml FORM 3 SUBMISSION X0206 3 2023-05-29 0 0001930679 KKR FS Income Trust NONE 0001438262 Adelman David J. C/O KKR FS INCOME TRUST 201 ROUSE BOULEVARD PHILADELPHIA PA 19112 0 0 1 0 Class I Common Shares 182857.14 I By Franklin Square Holdings, L.P Class I Common Shares 182857.14 I By FSH Seed Capital Vehicle I LLC The reported shares are owned directly by FSH Seed Capital Vehicle I LLC (the "Seed Vehicle"), which is a wholly-owned subsidiary of Franklin Square Holdings, L.P. ("FSH") (doing business as FS Investments). The reporting person disclaims beneficial ownership of any shares held by the Seed Vehicle and/or FSH that exceed his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of any of the reported shares for purposes of Section 16 or for any other purpose. See Exhibit 24 hereto for Mr. Adelman's related power of attorney. /s/ Stephen S. Sypherd, Attorney-in-Fact 2023-05-30 EX-24 2 attachment1.htm EX-24 DOCUMENT
                                POWER OF ATTORNEY

        I, David J. Adelman, hereby authorize and designate Stephen S. Sypherd
as my agent and attorney-in-fact, with full power of substitution to:

        (1) prepare, execute in the undersigned's name and on the undersigned's
behalf, and submit to the U.S. Securities and Exchange Commission (the "SEC") a
form ID, including amendments thereto, and any other documents necessary or
appropriate to obtain codes and passwords enabling the undersigned to make
electronic filings with the SEC of reports required by Section 16(a) of the
Securities Exchange Act of 1934, as amended (the "Exchange Act"), or any rule
or regulation of the SEC, in relation to the undersigned's direct or indirect
ownership of KKR FS Income Trust, a Delaware statutory trust, and KKR FS Income
Trust Select, a Delaware statutory trust (each a "Company", and collectively
the "Companies");

        (2) prepare and sign on my behalf any Form 3, Form 4 or Form 5 under
Section 16 of the Exchange Act and file the same with the SEC and each stock
exchange on which each such Company's common shares of beneficial interest may
be listed;

        (3) prepare and sign on my behalf any Form 144 Notice under the
Securities Act of 1933, as amended (the "Securities Act"), and file the same
with the SEC; and

        (4) take any other action of any type whatsoever in connection with the
foregoing which, in the opinion of such attorney-in-fact, may be of benefit to,
in the best interest of, or legally required by, the undersigned, it being
understood that the documents executed by such attorney-in-fact on behalf of
the undersigned pursuant to this Power of Attorney shall be in such form and
shall contain such terms and conditions as such attorney-in-fact may approve in
such attorney-in-fact's discretion.

        The undersigned hereby grants to each such attorney-in-fact full power
and authority to do and perform any and every act and thing whatsoever
requisite, necessary or proper to be done in the exercise of any of the rights
and powers herein granted, as fully to all intents and purposes as the
undersigned might or could do if personally present, with full power of
substitution or revocation, hereby ratifying and confirming all that such
attorney-in-fact, or such attorney-in-fact's substitute or substitutes, shall
lawfully do or cause to be done by virtue of this power of attorney and the
rights and powers herein granted. The undersigned acknowledges that the
foregoing attorneys-in-fact, in serving in such capacity at the request of the
undersigned, are not assuming, nor is each Company assuming, any of the
undersigned's responsibilities to comply with Section 16 of the Exchange Act,
or Rule 144 promulgated under the Securities Act.

        The undersigned agrees that each such attorney-in-fact herein may rely
entirely on information furnished orally or in writing by the undersigned to
such attorney-in-fact. The undersigned also agrees to indemnify and hold
harmless each such Company and each such attorney-in-fact against any losses,
claims, damages or liabilities (or actions in these respects) that arise out of
or are based upon any untrue statements or omission of necessary facts in the
information provided by the undersigned to such attorney-in-fact for purposes
of executing, acknowledging, delivering or filing Forms 3, 4, 5 (including
amendments thereto), or Form ID and agrees to reimburse each such Company and
each such attorney-in-fact for any legal or other expenses reasonably incurred
in connection with investigating or defending against any such loss, claim,
damage, liability or action.

        This Power of Attorney supersedes any power of attorney previously
executed by the undersigned regarding the purposes outlined in the first
paragraph hereof ("Prior Powers of Attorney"), and the authority of the
attorneys-in-fact named in any Prior Powers of Attorney is hereby revoked.

        This Power of Attorney shall remain in effect until the undersigned is
no longer required to file Forms 3, 4, 5 and 144 with respect to the
undersigned's holdings of and transactions in securities issued by each
Company, unless earlier revoked by the undersigned in a signed writing
delivered to the foregoing attorneys-in-fact.

Signed, sealed and delivered in the presence of:

                                   By: /s/ David J. Adelman
                                   -------------------------------
                                   Name: David J. Adelman


/s/ Stefanie Robinson
-------------------------------
Notary public