You can try adding this to your child-theme functions.php
add_filter('tc_fp_text_sanitize', 'no_sanitize_text', 20, 3);
function no_sanitize_text($text, $fp_single_id, $fp_id){
// grab the original text and leave the filter hook on it
$featured_text = apply_filters( 'tc_fp_text', tc__f( '__get_option' , 'tc_featured_text_'.$fp_single_id ), $fp_single_id, $fp_id );
// return un-sanitized text with html tags
return html_entity_decode($featured_text);
}
This way you can use html entities in the fp-text.
Look that this will work just with featured text set in customizr settings, will not work if you use the automatic excerpt of the selected page.