Norwalk, Connecticut, United States
GE Commercial Finance's Media, Communications & Entertainment business today announced the appointment of Lauren Liang to the position of Executive Director, Peacock Equity Fund - Asia Pacific. Liang is based in Singapore where she will work in partnership with NBC Universal focusing on identifying media investment opportunities in the Asian market's media and technology sector.
Liang brings more than 6 years of media experience to the Peacock Equity team. Prior to joining the Fund, she held numerous positions within NBC Universal and GE Capital. Most recently, Liang served as a director of business development at NBC Universal Local Media where she focused on the digital media and digital out-of-homesectors.
"Throughout most of Asia, there is an increasing interest in old and new media convergence which has fostered the development of new technologies, ," said Thomas Byrne, Managing Director and Group Head, Peacock Equity Fund. "Lauren's extensive media experience will enable us to efficiently identify potential high-growth technology companies for the Fund."
Peacock Equity Fund is a $250-million joint-venture formed by GE Commercial Finance's Media, Communications & Entertainment business and NBC Universal. Peacock Equity's capital investments, which include advertising services, digital content and communities, wireless and international platforms range from $3 to $15 million.
Liang earned her Bachelors of Business Administration in accounting from the University of Michigan, Ann Arbor.
About GE Commercial Finance - Media, Communications & Entertainment
With nearly $10 billion in assets and offices in Atlanta, Chicago, Hong Kong, London, Los Angeles, Munich, New York, Norwalk (HQ), San Francisco, Singapore and Toronto, the Media, Communications & Entertainment business is a global strategic partner to these industries and the technologies that enable them. We bring GE's full resources and financial strength to each relationship, while delivering industry expertise and flexible financing solutions that maximize stakeholder value. www.geMCE.com.
About Peacock Equity
Peacock Equity (www.peacockequity.com) is a $250 million equity capital fund founded by GE Commercial Finance's Media, Communications & Entertainment business (www.geMCE.com) and NBC Universal (www.nbcuniversal.com). Introduced in April 2007, the joint venture focuses on companies developing technologies, platforms or business models that are a strategic fit to NBC Universal and have high growth potential. Peacock Equity's capital investments, which include advertising services, digital content and communities, wireless and international platforms, range from $3 to $15 million each.
About GE Commercial Finance
GE Commercial Finance, which offers businesses around the globe an array of financial products and services, has assets of approximately $300 billion and is headquartered in Norwalk, Connecticut. GE (NYSE: GE) is Imagination at Work - a diversified technology, media and financial services company focused on solving some of the world's toughest problems. GE serves customers in more than 100 countries and employs more than 300,000 people worldwide. www.ge.com.
Source: Business Wire (Business Wire India)