NORWALK, Conn.--(BUSINESS WIRE)--Jan. 10, 2005--GE Commercial Finance Technology Lending, a unit of Global Media & Communications, announced that it has named Ryan Franco as senior vice president, origination. In this capacity, he will develop and originate transactions for companies within Technology Lending's marketplace, including communications, electronics, energy, hardware, information technology, logistics, semiconductors, software, and supply chain management.
Mr. Franco, who is based in Norwalk, Conn., has been with GE since March 2000, and has previously held positions with GE Equity's Technology Group and with GE Commercial Finance Global Sponsor Finance (GSF). With GSF, his responsibilities included development of approaches for delivery of expertise from GE's business development, supply chain management and technology units in order to support equity sponsor firm investments.
Before joining GE, he was with ING Investment Management in Atlanta, and before that was a principal with Manufacturing Capital Partners LLC in Atlanta, a private equity sponsor firm for middle market companies.
A graduate of the University of Texas at Austin, Mr. Franco also holds a J.D. from University of Georgia School of Law and an MBA in finance from Columbia Business School.
"Ryan Franco is a highly experienced transaction-management professional with deep knowledge of industry sectors that are integral to our group's lending focus, " said Bill DeMars, managing director for Technology Lending. "We look forward to the support Ryan will bring to our efforts to expand our financing activities across the technology market."
About GE Commercial Finance Technology Lending
A unit of Global Media & Communications, Technology Lending provides debt financing to Technology related businesses. Industry segments include: Communications, Electronics, Energy, Hardware, Information Technology, Logistics, Semiconductor, Software, Supply Chain Management, and Other Emerging Technologies. www.getechnologylending.com
About GE Commercial Finance Global Media & Communications
With over $5 billion in assets and offices in Atlanta, Chicago, Delhi, Hong Kong, London, New York, Norwalk, and San Francisco, Global Media & Communications represents a "one-stop" source for the comprehensive range of GE's lending and other structured financial services offered to the media, telecom, leisure & entertainment, and technology industries. www.gegmc.com. GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of over $230 billion and is headquartered in Stamford, Connecticut. General Electric (NYSE: GE) is a diversified technology, media and financial services company dedicated to creating products that make life better. For more information, visit the company's website at www.ge.com
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