Invictus hires credit focused investment co-head

Joining from Amundi Smith Breeden, Carl D. Bell will focus on credit investment

Invictus Capital Partners has hired a new co-head of investments to concentrate on credit assets including consumer, real estate and corporate debt, the firm announced. Carl D. Bell (pictued) joins Invictus as a managing director and co-head of investments. 

Bell joins from Amundi Smith Breeden where he was deputy chief investment officer and head of securitised credit. He was also previously a co-founder of Five Ten Capital, an investment management firm focused on both debt and equity investments within the single-family rental sector. He has also worked at Putnam Investments and Smith Breeden Associates. 

“We're very excited to have Carl joining the Invictus investment team. With more than two decades of institutional investment management experience, we're confident he will be a tremendous asset to the firm and our clients. Hiring Carl represents another key step in our plan to substantially increase our resources targeted at bringing the most attractive private debt opportunities to our clients,” Invictus chief executive, Michael W. Warden, said.

Washington DC-headquartered Invictus is an employee-owned alternative asset manager with a focus on opportunistic credit strategies. It was founded in 2008 and invests into a variety of real estate debt instruments, including high yielding and distressed bonds and loans. The firm was sub-advisor to a real estate debt joint venture with The Carlyle Group which acquired more than $2 billion in assets.