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CIT Adds New Executive to Communications & Technology Finance Team

Date: Jun 29, 2018 @ 07:10 AM

CIT Group Inc. announced that it has added a senior leader to its Communications & Technology Finance team in its Commercial Finance division.

Jason Cha joins CIT as director of originations, with primary responsibility for expanding its existing coverage network to better serve technology-oriented private-equity sponsors, including those based on the West Coast. The Communications and Technology group provides financing solutions to middle-market software, technology-enabled services and hardware businesses nationwide.

"Focusing on asset growth is a priority for our Communications & Technology Finance business. We are pleased to add Jason's significant experience in leveraged finance for technology sponsor portfolio companies," said Thomas Westdyk, managing director and group head for Communications & Technology Finance. "I am confident Jason will be a valuable contributor as we aim to increase our assets and expand our coverage nationally."

Cha began his career with the Leveraged Finance group at Lehman Brothers / Barclays Capital, where he focused on raising acquisition and other leveraged financings for leading technology private-equity sponsors.

CIT's Communications and Technology Finance group provides cash flow and asset based senior debt for communications and technology companies in the middle market throughout the United States.

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