Franklin Square Hires Eric Edwards to Head DC Office

PHILADELPHIA, Feb. 11, 2015 /PRNewswire/ -- Franklin Square Capital Partners, the nation's leading manager of Business Development Companies (BDCs), with $13.6 billion under management, today announced the hiring of Eric Edwards to lead its Washington D.C. government affairs office.

Edwards will be joining the firm as a Senior Vice President with over 20 years of public policy experience on Capitol Hill and in the private sector.

Edwards' Congressional experience includes having served as Staff Director and Counsel for the Subcommittee on Financial Institutions and Consumer Credit of the U.S. House Committee on Financial Services. He has advised members of Congress on a broad range of financial institution regulatory and policy matters, including oversight of the Troubled Asset Relief Program (TARP). In addition, Edwards was Staff Director and Counsel for the Subcommittee on Domestic and International Monetary Policy, Trade and Technology, and has held leadership positions on a variety of committees and personal offices in the House and Senate for the last two decades.

Most recently, Edwards was a Partner at Crowell & Moring LLP, where he was Chair of the firm's government affairs practice group. Edwards also served as Vice President in the Office of Government Affairs at the Goldman Sachs Group, Inc. In addition to lobbying for the investment bank, Edwards served as Secretary of Goldman's internal steering group tasked with overseeing the firm's implementation of global financial reforms.

"Eric's financial services knowledge, key relationships and public policy expertise will serve our investors and our firm well," said Mike Gerber, Executive Vice President for Administration and Public Affairs at Franklin Square Capital Partners. "We believe it is incumbent upon us as an industry leader to work with policy makers and regulators to protect our investors and support the capital markets."

Edwards received his J.D. and LL.M. (with honors) from the John Marshall Law School, his M.B.A. from the University of Chicago Booth School of Business, and his B.A. from Purdue University.

Franklin Square's first hire in Washington D.C. was Erica Elliott, former communications director for House Majority Leader Kevin McCarthy and a House Financial Services Committee veteran as well. "We are excited to build our Washington presence with Eric and Erica, and will be supplementing their government affairs experience with regulatory counsel to round out our D.C. office in the weeks ahead," concluded Gerber.

About Franklin Square

Franklin Square is a leading manager of alternative investment funds designed to enhance investors' portfolios by providing access to asset classes, strategies and asset managers that typically have been available to only the largest institutional investors. The firm's funds offer "endowment-style" investment strategies that help construct diversified portfolios and manage risk. Franklin Square strives not only to maximize investment returns but also to set the industry standard for best practices by focusing on transparency, investor protection and education for investment professionals and their clients.

Founded in Philadelphia in 2007, Franklin Square quickly established itself as a leader in the world of alternative investments by introducing innovative credit-based income funds, including the industry's first non-traded BDC. The firm managed approximately $13.6 billion in assets as of September 30, 2014. For more information, please visit www.franklinsquare.com.

SOURCE Franklin Square Capital Partners

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