VION Investments Hires Edward Wu as Managing Director for New York Office
VION Investments (VION) announces the hiring of Edward Wu as Managing Director for Portfolio Purchasing and Receivables Based Funding in New York office. VION Portfolio Purchasing invests in industries and asset categories traditional investors, or those dependent on third-party financing, can't support. VION Receivables Based Funding helps companies with receivable assets that would otherwise not qualify for traditional commercial bank loans gain access to new working capital. Mr. Wu will focus on VION client relations in the New York market and business development globally.
ATLANTA, Feb. 5, 2019 /PRNewswire-PRWeb/ -- VION Investments (VION) is pleased to announce the hiring of Edward Wu as Managing Director for Portfolio Purchasing and Receivables Based Funding. VION Portfolio Purchasing invests in industries and asset categories traditional investors, or those dependent on third-party financing, can't support. VION Receivables Based Funding helps companies with receivable assets that would otherwise not qualify for traditional commercial bank loans gain access to new working capital. Mr. Wu will focus on VION business development globally.
Stacey Schacter, CEO of VION, said, "Mr. Wu is well known and widely respected in the international banking and investment industries, and he is firmly established in the New York market area—home to a large number of VION accounts. Our new office there will improve communication and contact with existing clients and enable VION to grow. More importantly, Mr. Wu's singular expertise in receivable assets and his ability to see through highly complex challenges to develop creative—and often groundbreaking—financing solutions strengthens our core services and leadership position in our industry. We are pleased to have someone of Ed's caliber spearheading our New York office."
Mr. Wu has wide experience in the full corporate transaction lifecycle including debt financings, buyouts / change of control, and distressed restructurings. His areas of expertise are financing and purchasing of financial assets including subprime loans, receivables factoring, sale-leasebacks, and secondary insurance products. He is a frequent speaker at conferences on topics of Structured Credit, Middle Market Lending, Specialty Finance, Asset-Based Lending, and Distressed Restructurings. He holds a BA (Magna Cum Laude) from Duke University and a JD, Corporate Law from Harvard Law School.
"VION is a recognized world leader in receivables-based financial services," said Mr. Wu. "The company is well-capitalized, well-established, and has a unique model for leveraging receivable assets for maximum benefit to the originator and VION stakeholders. My goal is to help existing VION clients realize the full potential in their receivable assets with new thinking and new methods, while expanding VION's already strong position globally."
About VION Investments
VION Investments, headquartered in Atlanta, Georgia, is an international provider of receivable investment services to businesses managing consumer and commercial receivables. With expertise in receivables purchasing, funding, and valuation advisory services, we are the specialty finance company the world turns to for innovative and agile alternative funding. Our clients benefit from unique deal structures and a partner with a vested interest in helping them succeed long term. We see opportunities where others don't and can handle sophisticated situations quickly, with strict adherence to compliance guidelines. For more information about VION, please visit http://www.vioninv.com or contact VION Business Development at 877-845-5242.
VION Investments
400 Interstate North Parkway SE, Suite 800
Atlanta, GA 30339
877.845.5242
Mr. Edward Wu, Managing Director
VION Investments
1345 Avenue of the Americas, 42nd Floor
New York, NY 10105
ewu(at)vioninv.com
SOURCE VION Investments
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