NORWALK, Conn.--(BUSINESS WIRE)--April 24, 2006--GE Commercial Finance - Technology Lending, a unit of Global Media & Communications, today announced that Richard Cerf has been appointed to the position of senior vice president, based in the Palo Alto office. He will be responsible for developing client relationships within the technology sector and covering West Coast venture capital firms. GE's Technology Lending group recently announced the opening of its Palo Alto office in an effort to apply a stronger focus on emerging technology in the region.
Cerf brings over 15 years of experience in technology and finance to GE. Most recently, he served as senior vice president and market manager of structured finance for Silicon Valley Bank where he led the asset-backed financing team, serving revenue stage Technology and Life Science clients in the San Francisco, North and East Bay areas. He has also held positions with Rabobank International and Bank of America.
"Richard's extensive technology financing background and his strong relationships with VCs make him a natural choice for GE's Technology Lending team," said John Kinnaman, managing director, GE Commercial Finance - Technology Lending.
Mr. Cerf holds a BS in Finance from the University of California at Berkeley.
About Technology Lending
GE Commercial Finance - Technology Lending (getechnologylending.com) provides debt and associated equity financing to technology-related businesses. Industry segments include Semiconductors, Software/Applications, Networking/Applications, Communications Infrastructure/Applications, IT Services, Internet Services, Media/Content, Consumer Electronics and Clean Energy Technology. Technology Lending is a business unit of GE Commercial Finance - Global Media & Communications. With over $5 billion in assets, offices in Atlanta, Chicago, London, New York, Norwalk, Palo Alto, San Francisco and resources in Asia-Pacific, Global Media & Communications represents a one-stop source for the comprehensive range of GE's lending and other structured financial services offered to the telecom, media, technology and sports & entertainment marketplace. For more information, visit gegmc.com.
About GE Commercial Finance
GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $190 billion and is headquartered in Stamford, Connecticut. GE (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. GE serves customer in more than 100 countries and employs more than 300,000 people worldwide. For more information, visit the company's website at ge.com.
Contacts
GE Commercial Finance
Ned Reynolds, 203-229-5717
[email protected]
or
CJP Communications
Vu Chung, 212-279-3115 x205
[email protected]
Britta Kons
GE Healthcare Global Services
[email protected]
1-203-400-1892