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Management <br>Team


Team Member Background
Carl Bell

Carl Bell, CFA

Carl Bell is a lead investor with Invictus Capital Partners with more than 30 years of institutional asset management experience.

Mr. Bell, a member of the Management and Investment Committees, is focused on the identification, sourcing, and management of credit investments drawn from the full spectrum of consumer and real estate obligations. Mr. Bell has developed substantial sector expertise within structured credit instruments, including high yield and distressed real estate credit.

Prior to joining Invictus in 2015, Mr. Bell co-founded Five Ten Capital, an alternative asset manager focused on deploying equity and debt capital into the single-family rental market segment. Five Ten was subsequently sold to a large mortgage and real estate investor. He has also served as a Senior Portfolio Manager and Team Leader for Structured Credit for both Amundi Smith Breeden (“ASB”) and Putnam Investments. At ASB he had the additional responsibility of Deputy Chief Investment Officer. Mr. Bell holds an MBA from The Fuqua School of Business, Duke University where he was a Fuqua Scholar and received the James G. Hanes Scholarship. He earned a B.S. in Mathematics at Carnegie Mellon University.