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Credit Suisse Veteran Joins FS Investments to Lead Capital Markets and Investor Relations

FS Investments, an alternative asset manager formerly known as Franklin Square Capital Partners, announced that Chris Condelles has joined the firm as head of capital markets and investor relations. Condelles will serve as an executive vice president based in the firm’s Philadelphia headquarters. In his new role, he is charged with expanding the reach of the firm’s suite of investment offerings 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.”

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. Condelles was also an executive committee member and the global treasurer of Credit Suisse’s global credit products group. He has participated in several noteworthy 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.

Condelles earned a bachelor’s in financial economics from Binghamton University and an MBA from the Wharton School of the University of Pennsylvania. He is also a certified financial analyst charter holder.

FS Investments was founded in 2007 and is headquartered in Philadelphia with offices in Orlando and Washington, DC. The firm currently manages six funds with more than $18 billion in assets under management as of September 30, 2016 and co-manages an operating company. Its affiliated broker-dealer, FS Investment Solutions distributes its offerings.

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