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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 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.

Leading alternative asset manager further diversifies portfolio of solutions with first closed-end interval fund

In an interview with Reuters’ Leela Parker Deo, FS Investments’ Marc Yaklofsky explained how a rising interest rate environment in 2017 might affect BDCs as an asset class. “This rising rate tide should lift all BDC boats, it’s just a question of magnitude,” he said.