About us
Expertise that has been built up over decades
Accurate methodologies

We invest and engage in business to drive positive and lasting impact for companies, employees, communities and the environment.

Expertise comprehension

We nurture a culture of deeply objective inquiry and seek the full potential in every opportunity. We respect the power of facts.

Our way is rooted in a deep commitment to creating lasting impact.
We are a leading global credit specialist with €80 billion in assets under management*. We invest across the full spectrum of credit strategies, including leveraged loans, high-yield bonds, distressed debt and special situations, direct lending, structured products, non-performing loans (NPLs) and equities.
We have operated fund business for more than three decades with success, commitment, and transparency. Our company currently manages more than 220 funds with an investment volume of about €30 billion. FRS is one of the most significant Austrian providers in the local fund universe thanks to its extremely high level of competence and its innovative strength, which is designed for sustainable value creation.
FRS utilizes a strategic, fact-based, and diligence-driven investment approach that by definition includes a multitude of environmental, social and governance (ESG) considerations. We believe that strong ESG diligence leads to better investment outcomes.
  • Private Equity
  • Global Credit
  • Direct Lending
  • Investment Solutions
  • Real Estate


Years investment experience
performance-driven team
Meet Our Team

Our collaborative environment creates a team with diversity across experience and perspectives.

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Mag. Schöch Günter Co Founder/Executive Board
MARTIN RAUCH MD/Executive Board
Manuel Carneiro Da Silva Executive Board/CIO
Allen H Carpen Executive Board/CFO