InvestmentNews: Advisers discover upcoming innovations
Michael Forman discusses interesting investment opportunities on the horizon.
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
FS Investments Closes on Over $1.1 Billion of Middle Market Commitments in the Second Quarter
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.
FS Foundation Volunteers Beautify West Philadelphia Community Garden
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.
Bloomberg: FS on the Upside Surprise in Retail Spending
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.
FSIC Reports Second Quarter 2017 Financial Results and Declares Regular Distribution for Third Quarter
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 Names Mike Kelly President
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.
FSIC Announces Earnings Release and Conference Call Schedule For Second Quarter 2017
FS Investment Corporation (NYSE: FSIC) announced today plans to release its second quarter 2017 results after the market close on Wednesday, August 9, 2017.
Michael Carter Hired as Head of Strategy
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.
Application Process for 2017 FS Financial Scholars Opens
FS Investments to expand financial literacy programming in two additional Philadelphia high schools next year in collaboration with the University of Pennsylvania