FS Investments Appoints Michael Carter as Head of Strategy

PHILADELPHIA, July 12, 2017 /PRNewswire/ -- FS Investments, a leading alternative asset manager with more than $20 billion in assets under management, today announced that it has hired Michael Carter as Executive Vice President and Head of Strategy. Mr. Carter will be based in the firm's Philadelphia headquarters, serve on the firm's Executive Committee and oversee firm strategy and business development, with a focus on growing FS Investments' existing credit franchise and expanding into other alternative investment platforms.

"Mike Carter has had a broad, impressive career in financial services as a credit and hedge fund platform builder, operator and leader," said Michael C. Forman, Chairman and CEO of FS Investments. "Mike's investment experience and strategic focus will be critically important as we continue to build our business to offer investors more alternative investment options."

In his most recent role as Chief Operating Officer at Magnetar Capital, Mr. Carter had direct managerial responsibility for all global operations, strategic planning and business development.  Mr. Carter was a member of the firm's Executive Committee, Management Committee, Investment Committee, Valuation Committee and Chair of the Operations Committee.

Prior to joining Magnetar, Mr. Carter spent 15 years at Lehman Brothers in various credit and investment banking roles, including leadership roles in the interest rate derivatives, securitization, structured credit and CDO businesses. He was co-head of Lehman's Structured Credit Desk, co-head of its US Structured Credit Sales group and a leader of the Hedge Fund Banking Group.  He also helped launch the firm's securitization business in London.

Mr. Carter is a Board Member of the US Olympic and Paralympic Foundation and a Member of Wake Forest University's Board of Visitors.  He holds a Bachelor of Science in Business with a Minor in Politics from Wake Forest University.

"I look forward to helping FS develop its existing and new investment platforms to continue providing investors with transparent, high-quality alternative investments," added Mr. Carter. "I'm excited to be joining a firm that shares my passion for taking care of its investors, employees and community."

ABOUT FS INVESTMENTS
FS Investments is a leading asset manager dedicated to helping individuals, financial professionals and institutions design better portfolios. The firm provides access to alternative sources of income and growth and focuses on setting industry standards for investor protection, education and transparency.

FS Investments is headquartered in Philadelphia, PA with offices in Orlando, FL and Washington, DC. The firm had more than $20 billion in assets under management as of March 31, 2017. Visit fsinvestments.com to learn more.

Contact Information:
Media
Marc Yaklofsky / Kate Beers
[email protected]
215-495-1174

SOURCE FS Investments

Related Links

http://fsinvestments.com