David Carter joined Capital Royalty in 2003 and has more than 20 years of investment experience. Prior to joining Capital Royalty, Mr. Carter was a Partner at Palestra Capital, a New York-based hedge fund, where he focused on risk arbitrage, special situations, and distressed securities. Before joining Palestra in 1999, Mr. Carter was a High Yield Analyst at Furman Selz LLC (acquired by ING Barings), where he was responsible for coverage of healthcare-related high yield debt. Previously, Mr. Carter was an investment banking analyst in the Healthcare Group at Chemical Bank and a research assistant in the Mergers & Acquisitions Group of Morgan Stanley.
Mr. Carter received a Bachelor of Science in finance from The Pennsylvania State University in 1988. He received a Master of Arts degree in information science and systems in 1994 and an M.B.A. in 1996, both from Columbia University.