GA Group appoints
Eran Cohen as President and Chief Investment Officer of its new asset-based
lending platform, Great American Capital Corporation, LLC ("GACC").
In this role, Eran
will oversee the strategic direction, originations, portfolio management, and
expansion of GACC's lending capabilities. This appointment underscores GA
Group's commitment to providing flexible capital solutions to mid-market
companies and supporting borrowers through complex and capital-intensive growth
cycles. GACC will provide financing solutions and invest senior, junior, or
unitranche capital ranging from $20 million to $100 million per transaction. Core
to the platform's mission is to partner with the traditional ABL community to
complement their existing offerings.
"We are thrilled
to welcome Eran to the leadership team," said Dan Shribman, Chief Executive
Officer of GA Group. "Through our valuation and liquidation work, we have
developed an unparalleled understanding of asset values and have a deep network
of originators. Eran's expertise in middle market lending and collateral-backed
structures, along with his extensive industry relationships, make him an ideal
complement to our team and he will be invaluable as we scale our lending
platform."
"I am incredibly excited to lead this new private credit platform and
help shape something meaningful from the ground up", said Eran Cohen. "It is a privilege to build the firm in
collaboration with GA Group and Oaktree, two highly recognized and accomplished
brands in our industry. Their combined
market expertise and reputations, coupled with building a high caliber
experienced team, will allow GACC to become a reliable and creative capital
solutions partner for many middle market companies."
Eran joins GA Group with over 30 years of experience in structured
finance. Most recently, he was Managing Director at a $6B direct lending
platform responsible for originating, underwriting and managing debt and equity
investments across various sectors. He was also Managing Director at Wells
Fargo Capital Finance where he spent 15 years leading the Central U.S. Asset
Based Lending team focused on executing senior and unitranche credit
opportunities to private equity and privately held companies. Eran also was previously a partner with
Monroe Capital, successor fund to Hilco Capital, where he was responsible for
deal sourcing, investment structuring, underwriting, and the execution of ABL
fund investments. Eran holds a BBA from the University of Iowa and an MBA from
Loyola University.
About GA Group
GA Group is a
privately held global firm offering a comprehensive set of tailored solutions
to meet its clients' diverse needs. Its experts provide advisory and valuation
services, as well as monetize, lend against, and acquire assets across a broad
range of sectors from both healthy and distressed companies. GA Group and its
predecessors are celebrating 50 years of customer service, and the company's
leadership has over 100 years of collective experience in the industry. GA
Group is majority-owned by funds managed by Oaktree Capital Management, L.P.
For more information, please visit www.gagroup.com.
Media: marketing@gagroup.com
Source: GA Group