PHILADELPHIA, PA – FS Investments, a leading alternative asset manager, announced that Chris Condelles has joined the firm as Head of Capital Markets and Investor Relations. Mr. Condelles will serve as an Executive Vice President based in the firm’s Philadelphia headquarters. In his new role, he will help expand the reach of the firm’s growing suite of investment solutions by overseeing relationships with key stakeholders including institutional investors, banks, rating agencies and the analyst community.
“Chris brings substantial experience building profitable credit and financing solutions businesses to our platform at FS Investments,” said Michael C. Forman, Chairman and CEO of FS Investments. “At a time when we are launching several new investment strategies that broaden our capabilities, his knowledge and relationships will strengthen our investment advisory team and complement our bench of senior talent.”
Mr. Condelles joins FS Investments following 11 years with Credit Suisse where he most recently served as Head of U.S. Credit and Financing Solutions, overseeing a team of trading, structuring, credit analyst and sales personnel. In addition to running several businesses at Credit Suisse, Chris was an Executive Committee member and the Global Treasurer of Credit Suisse’s Global Credit Products group. Mr. Condelles has a noteworthy track record of leading and co-leading significant transactions in the financial services industry, including the financial package for Canada Pension Plan Investment Board’s $12 billion acquisition of Antares Capital from GE Capital, a recent private $3.6 billion acquisition of a middle market loan portfolio and a private $2.6 billion financing of a distressed loan portfolio.
Mr. Condelles earned a BS in Financial Economics from Binghamton University and an MBA from the Wharton School of the University of Pennsylvania. Mr. Condelles is also a Certified Financial Analyst charterholder.
“FS has built one of the strongest credit platforms in the industry and has been at the forefront of designing thoughtful investment solutions,” Mr. Condelles noted. “I’m excited to join the team as it looks to further expand.”
About FS Investments
FS Investments is a leading asset manager dedicated to helping individuals, financial professionals and institutions design better portfolios. The firm creates access to alternative sources of income and growth through funds managed in partnership with top institutional investment advisers. It focuses on setting industry standards for investor protection, education and transparency.
FS Investments was founded in 2007 as Franklin Square Capital Partners. It is headquartered in Philadelphia with offices in Orlando and Washington, DC. The firm currently manages six funds with over $18 billion in assets under management as of September 30, 2016. Its affiliated broker-dealer, FS Investment Solutions, LLC (member FINRA/SIPC), distributes its offerings.
FS Investments Media Team