FS Investments in Philadelphia has hired Steve DeAngelis as executive vice president and head of distribution.

DeAngelis will serve on the firm’s executive committee and as president of FS Investment Solutions, the firm’s broker-dealer subsidiary.

Previously, DeAngelis served as managing director, head of U.S. advisor solutions group, at Goldman Sachs Asset Management.

DeAngelis will assist the firm as it expands distribution into new channels, launches new investment strategies and ramps up its advisor and investor education platform, according to FS.