Philadelphia Investment Firm Names First Chief Legal Officer
Marc Bryant will become the senior managing director and chief legal officer. He will start his role in June as the first chief legal officer at the firm.
May 29, 2019 at 04:39 PM
3 minute read
An experienced in-house attorney in financial services has been named the chief legal officer of Philadelphia-based FS Investments.
Marc Bryant will become the senior managing director and chief legal officer. He will be responsible for the company's legal and compliance functions and will serve on the firm's executive committee. He will start his role in June as the first chief legal officer at the firm.
Chairman and CEO of the firm, Michael Forman, said Bryant's experience in the financial services industry will be “invaluable.”
“I look forward to having him join the Executive Committee and benefiting from his insights and experience as our business continues to grow in size and complexity.”
According to his LinkedIn profile, Bryant currently works as the senior vice president and chief legal officer of Fidelity Management & Research Co. He joined Fidelity as deputy general counsel in 2010. He also served as the head of global retail legal at AllianceBernstein, general counsel at ProFund Advisors and associate general counsel as GE Asset Management. After graduating from the Emory University School of Law in 1993, Bryant worked at Kirkpatrick & Lockhart, now K&L Gates, before going in-house.
Bryant said he is excited to be joining the firm as its first chief legal officer.
“FS is a leader in its space, and I look forward to working with the talented team to deliver on the firm's mission of helping individual investors design better portfolios by providing access to alternative investment solutions,” Bryant said in the press release.
Bryant was not available for additional comment Wednesday.
The company is currently in a period of regrowth after a rocky 2018. In a call with investors in November, Forman said he was disappointed with the company's recent performance.
“While we were disappointed with the company's recent performance, we accept responsibility for these challenges that are focused on managing the under performing credits,” Forman said according to a transcript of the call.
However, the tone changed in a 2019 quarter one call with investors earlier this month. During that call, Forman said he believes the firm is “well positioned to capitalize on the full benefits” of its platform following the completion of a merger with Corporate Capital Trust.
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