Bill King joined Carrington Holding Co. as its chief investment officer and head of asset and risk management.

King will assume responsibility for Carrington's two investment-focused business units, Carrington Capital Management, an alternative asset management firm focused on control-based investing in the U.S. real estate, mortgage and fixed income markets; and Carrington Investment Services, a  registered broker-dealer with the Securities and Exchange Commission and member of the Financial Industry Regulatory Authority.

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