Peter M. Budko is a Founding Partner and Chief Investment Officer of AR Capital. Additionally, he serves as Chief Investment Officer and Director of RCS Capital. Mr. Budko also serves as Executive Vice President and Chief Investment Officer of a number of the publicly registered, non-traded direct investment AR Capital sponsors. He also served formerly as Executive Vice President and Chief Investment Officer of ARCP. Since 2012, Mr. Budko has served as President and Chief Operating Officer of Business Development Corporation of America, a publicly registered, non-traded business development company. From 2008 to 2012, he acted as Executive Vice President and Chief Investment Officer of ARCT. Mr. Budko has been active in the underwriting, financing and placement of a wide variety of corporate debt, equity and real estate structures for over 25 years. Prior to the formation of ARC, Mr. Budko founded and served as managing director and group head of the Structured Asset Finance Group, a division of Wachovia Capital Markets, LLC, from February 1997 to January 2006. The Wachovia Structured Asset Finance Group assembled and invested in real estate net leased to corporate tenants. While at Wachovia, Mr. Budko acquired over $5 billion of net leased real estate assets. From 1987 to 1997, Mr. Budko worked in the Corporate Real Estate Finance Group at NationsBank Capital Markets (predecessor to Bank of America Securities), becoming head of the group in 1990.