General Electric Co. (GE:US) hired insurance industry investment banker Eric Solash for its global operations group, where he will help infrastructure customers raise financing from sources besides banks.
Solash left boutique advisory firm Freeman & Co. in March to join Fairfield, Connecticut-based GE as a managing director, according to an internal company announcement. He will focus on non-bank funding that includes insurers, reinsurance companies, pension funds, sovereign wealth funds and private equity, said Russell Wilkerson, a spokesman for the GE Capital unit.
GE hired a former JPMorgan Chase & Co. treasurer, Mark Kleinman, as a senior managing director last year to oversee a new team that will help clients around the world finance building projects, Wilkerson said.
Solash joined New York-based Freeman in 2007, according to the company’s website. His previous experience includes working at two closely held insurers, as a strategy consultant for Ullico Inc. and head of mergers for Inviva Inc., according to his Freeman biography.
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