Galeanu Mihai As we went into 2024, I issued an article with a title - "The Battle Of Two Goliaths: Ares Capital Vs. FS KKR, Which One Will Win In 2024?" As the title implies, I compared side by side FS KKR Capital (NYSE:FSK) with Ares Capital (ARCC), which are the two largest BDCs out there, and concluded that while both are solid picks, FSK exhibits better prospects to register alpha this year. The overarching thesis on why FSK, in my opinion, is so enticing is its deep discount to NAV despite structu ...