GE Capital Hires Sector Expert Raj Seth to Expand Technology Initiative

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July 11, 2014

NORWALK, CT, July 11, 2014 — GE Capital’s Telecom, Media and Technology (TMT) financing business announced today that sell-side analyst Raj Seth has joined as managing director and senior technology analyst. Seth brings more than 20 years of technology industry experience to a team delivering comprehensive lending solutions to middle market technology companies.

In 2013, TMT provided more than $5.5 billion over 59 deals, including $1.5 billion to technology businesses.

“Given strong and increasing interest from our private equity sponsors and corporations in the tech space, this is the perfect time to add Raj to our tech lending business,” remarked Mark Bernier, senior managing director of TMT and leader of the technology and telecom teams. “GE has a long-standing history of technology leadership. Our enhanced knowledge of this rapidly evolving sector means we can help our customers make smart business decisions.”

Recognized by Institutional Investor, Reuters, Bloomberg and The Wall Street Journal’s “Best on the Street” poll numerous times in both the hardware and software sectors, Seth joins TMT after serving as a top-ranked sell-side analyst at Cowen & Co., where he covered a range of technology sub-sectors for more than 15 years. Prior to Cowen, Seth was a strategy consultant at The Parthenon Group in Boston and a chip designer at LSI Logic.

Seth received his B.S. in electrical engineering from the University of Illinois, M.S. in computer engineering from Cornell University and MBA from Northwestern University’s Kellogg School of Management.

About GE Capital, Telecom, Media and Technology
GE Capital’s Telecom, Media and Technology (TMT) business is a leading middle market provider of financing solutions that support corporate growth, acquisitions and balance sheet refinancings to companies in the following industries: cable, towers, data centers, wireless, metro fiber, radio, TV, digital media, education services and software. It also finances technology companies that enable these industries. The team brings GE’s real-world expertise and applies insights like no other bank. We provide tailored financial solutions that enable our clients to meet their growth objectives and help them compete in their industry verticals. Our team of professionals have deep domain expertise that allows us to understand your needs better and make us a true partner to help grow your business. Visit www.gecapital.com/tmt.

GE Capital offers consumers and businesses around the globe an array of financial products and services. For more information, visit www.gecapital.com or follow company news via .

GE (NYSE: GE) works on things that matter. The best people and the best technologies taking on the toughest challenges. Finding solutions in energy, health and home, transportation and finance. Building, powering, moving and curing the world. Not just imagining. Doing. GE works. For more information, visit the company's website at www.ge.com.

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