FS Investments Expands into Real Estate Sector
Alternative asset manager names Rob Lawrence as Global Head of Real Estate and commences operations on first REIT product
9/20/2017
FS Investments
Alternative asset manager names Rob Lawrence as Global Head of Real Estate and commences operations on first REIT product
FS Investments, a leading alternative investment manager and the largest manager of business development companies (BDCs), announced that its BDC direct lending platform committed more than $1.1 billion in senior secured loans and other debt and equity financing to middle market companies in the second quarter of 2017. The directly originated investments supported five new portfolio companies and provided financing to several existing portfolio companies during the quarter.
Our Drexel University co-op student employees and summer interns volunteered with Urban Tree Connection, a non-profit dedicated to urban land revitalization and redevelopment, helping mulch, weed and clean the grounds of a community garden in West Philadelphia.
Lara Rhame, FS Investments senior economist, spoke on “Bloomberg Daybreak: Americas” and Bloomberg Markets AM to discuss retail sales, consumer spending and economic growth expectations.
FS Investment Corporation (NYSE: FSIC), a publicly traded business development company focused on providing customized credit solutions to private middle market U.S. companies, announced its operating results for the quarter ended June 30, 2017, that its board of directors has declared its third quarter 2017 regular distribution and that its investment adviser has agreed to a one-year waiver of a portion of the base management fee payable by FSIC commencing on October 1, 2017.
FS Investments announced the promotion of the firm’s Chief Investment Officer, Mike Kelly. Effective immediately, Mr. Kelly will become President while also remaining Chief Investment Officer.
FS Investment Corporation (NYSE: FSIC) announced today plans to release its second quarter 2017 results after the market close on Wednesday, August 9, 2017.
FS Investments today announced that it has hired Michael Carter as Executive Vice President and Head of Strategy. The seasoned credit and hedge fund executive will drive the firm's continued expansion.
FS Investments to expand financial literacy programming in two additional Philadelphia high schools next year in collaboration with the University of Pennsylvania
FS Investments Chairman and CEO Michael Forman was honored by Mural Arts Philadelphia for his dedication to the city’s public art initiatives at the organization’s annual Wall Ball gala. Forman was honored alongside Pedro Ramos, President and CEO of The Philadelphia Foundation, and artist Rashid Johnson.