NEW YORK, NY (March 29, 2016) – CION Investment Management, LLC (“CION”), advisor to CION Investment Corp., a leading business development company (BDC) focused on financing middle-market companies, is pleased to announce the hiring of Gregg A. Bresner, CFA as Senior Managing Director and Chief Investment Officer. In this role, Mr. Bresner will oversee origination and investing activities for CION and its affiliates as well as play a key role in developing new business opportunities and strategic initiatives for CION and its affiliates. Mr. Bresner is expected to start his duties on April 18, 2016.
“Gregg brings to our firm deep experience in investment management, business development and product development from a career spanning more than 25 years. We are delighted that he is joining our growing firm as CIO,” commented Mark Gatto, Co-CEO of CION.
Michael A. Reisner, Co-CEO of CION added “Gregg’s experience as a principal investor, investment banker and operating CFO along with his proven track record of investing in the middle-market and across the balance sheet will prove invaluable to us.”
Mr. Bresner has 25 years of corporate finance, investment and portfolio management experience with a focus in the leveraged finance sector. Previously, Mr. Bresner worked at investment management and banking firms including Wasserstein Perella & Co., Bankers Trust Company, BT Alex. Brown, Deutsche Bank, Briscoe Capital Management and Plainfield Asset Management.
Mr. Bresner began his investment banking career in the Mergers & Acquisitions group of Wasserstein Perella where he advised middle-market companies and private equity sponsors on mergers and acquisitions, leveraged recapitalization and restructuring transactions. While at Bankers Trust Company and Deutsche Bank, Mr. Bresner was a senior investment banker in the Financial Sponsors Group where he focused on sourcing, structuring and executing leveraged senior debt, high yield debt and mezzanine financings for private equity sponsors.
In 2003, Mr. Bresner co-founded Briscoe Capital Management, a debt fund focused on non-investment grade senior secured debt assets that later merged into Plainfield Asset Management, a multi-billion dollar special situations hedge fund platform. From 2006 until 2010, Mr. Bresner served as a Managing Director of Plainfield where he sourced and executed direct U.S. debt and equity investments for various Plainfield investment funds.
Mr. Bresner joins CION from JDS Therapeutics, where he served as Chief Financial Officer.
Mr. Bresner graduated magna cum laude with a B.S. from Rensselaer Polytechnic Institute and received his M.B.A. from the Columbia University Graduate School of Business where he was a Beta Gamma Sigma scholar.
“I am extremely excited to join CION and look forward to being part of a great team and dynamic franchise,” commented Mr. Bresner.
About CION Investment Management, LLC
CION Investment Management, LLC advises CION Investment Corp., a non-traded business development company with approximately $1.4 billion of assets under management as of December 31, 2015. For more information, please visit www.cioninvestmentcorp.com.
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