NORWALK, Conn.& HONG KONG--(BUSINESS WIRE)--Aug. 1, 2006--GE Commercial Finance - Global Media & Communications today announced a deepening of its commitment to the Asia-Pacific region with the relocation of managing director Bhupesh Gupta to Hong Kong. He will join Daniel Camacho, a Global Media & Communications director who recently joined the team, while continuing to be responsible for leading GE's telecom, cable, media and entertainment financing initiatives in the region. Together, Gupta and Camacho will be responsible for developing client relationships within the media and telecommunications and entertainment sectors and coordinating with GE Commercial Finance - Corporate Financial Services Asia teams to provide both debt and equity financing in these sectors.
Gupta has been responsible for Global Media & Communications' business in Asia-Pacific from the U.S. prior to moving to Hong Kong and is already familiar with the region. Gupta's move to Hong Kong is a reflection of the business' success in the region and steadfastness to growth. Prior to this assignment, Gupta was head of underwriting and portfolio management for GE Commercial Finance's former telecom financing business where he focused on telecom and media financing and investing in the United States, Europe and India. He has led transactions covering many sectors in this space including wireline, mobile, towers and cable. Gupta has more than 23 years of experience, with a significant focus in finance, structuring and corporate advisory.
Camacho brings to GE more than 14 years of experience in structured capital and leveraged finance, with a focus on the media and telecom sectors. Before joining GE, Camacho was a vice president at ABN Amro Bank where he originated, structured and executed multiple award-winning deals. Camacho also held various positions at Bank of the Philippine Islands.
"GE is committed to helping customers grow in every business lifecycle through specialized financing options," said Gupta. "The presence of a dedicated media/telecom industry specialist team to service the Asia-Pacific region clearly demonstrates GE's focus in this part of the world. We're looking forward to providing customers in this bourgeoning region with a complete suite of financial solutions and access to our expertise."
The office is located at 33F, One Exchange Square, Central, Hong Kong.
About GE Commercial Finance - Global Media & Communications
With over $6 billion in assets and offices in Atlanta, Beverly Hills, Boston, Chicago, Hong Kong, London, New York, Norwalk, Palo Alto and San Francisco, Global Media & Communications represents a one-stop source for the comprehensive range of GE's debt and equity financing services offered to the telecom, media, technology (TMT) and entertainment marketplace. For more information, please visit gegmc.com.
About GE Commercial Finance - Corporate Financial Services Asia
GE Commercial Finance, through its Corporate Financial Services Asia business, headquartered in Hong Kong, provides debt and equity financing solutions for investment and non-investment grade companies at all stages of the business cycle. GE Commercial Finance offers businesses around the globe an array of financial products and services, has assets of over $230 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