Heritage Global Capital Appoints Tony Spencer as Senior Vice President
16 6월 2023 - 2:00AM
Business Wire
Heritage Global Capital (“HGC”), a division of Heritage Global
Inc. (Nasdaq: HGBL), specializing in flexible funding structures
for the Accounts Receivable Management “ARM” industry, announced
today that Tony Spencer has been appointed as Senior Vice President
of Credit Risk Operations and Originations.
Mr. Spencer brings extensive knowledge and expertise to HGC in
both credit risk operations and originations, gained from years of
experience in portfolio management. He spent two years with PRA
Group, where he was responsible for portfolio acquisitions in the
US and Canada. During this time, he invested over $600 million in
portfolio purchases. Before joining PRA Group, he spent 15 years
with the National Loan Exchange (NLEX), building and sustaining
relationships with key financial institutions. Additionally, prior
to NLEX, he oversaw all private label recovery operations for Chase
Card Services.
"Mr. Spencer's impressive qualifications make him a valuable
asset to Heritage Global Capital, bringing a wealth of
understanding and proficiency in the areas of credit risk
operations and originations. We believe his knowledge will be a
great benefit to our staff here at HGC," commented David Ludwig,
President of Financial Assets.
David Paris, Managing Director of HGC added, “With his
significant experience and success in portfolio management, Mr.
Spencer brings a great skill set to HGC. We are thrilled to have
him on our team.”
Heritage Global Capital, LLC. (“HGC”) is a subsidiary of
Heritage Global Inc. (NASDAQ: HGBL). HGC operates under the
Financial Assets business unit and provides flexible funding
structures for all asset classes while specializing in buyers
acquiring financial portfolios. A customized one-stop credit
solution strategized to deliver cost-effective debt capital, HGC
lends to companies across a variety of asset classes and thrives on
providing creative solutions to companies with non-traditional
business models.
Heritage Global Inc. (“HG”) values and monetizes
industrial & financial assets by providing acquisition,
disposition, valuation, and lending services for surplus and
distressed assets. This aids in facilitating the circular economy
by diverting useful industrial assets from landfills and operating
an ethical supply chain by overseeing post-sale account activity of
financial assets. Specialties consist of acting as an adviser, in
addition to acquiring or brokering turnkey manufacturing
facilities, surplus industrial machinery and equipment, industrial
inventories, real estate, charged-off account receivable
portfolios, through its two business units: Industrial Assets and
Financial Assets.
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version on businesswire.com: https://www.businesswire.com/news/home/20230615554061/en/
Contact: David Paris Managing Director Heritage Global
Capital dparis@hginc.com
Investor Relations Contact: John Nesbett/Jennifer
Belodeau IMS Investor Relations 203/972.9200
InvestorRelations@hginc.com
Heritage Global (NASDAQ:HGBL)
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