Daily News: July 9, 2012

Ceto Joins Ally Commercial Finance to Lead Healthcare Lending


Ally Commercial Finance LLC, a unit of Ally Financial Inc., announced that Thomas E. Ceto will join the company as senior managing director and head of Healthcare Capital. Ceto will lead the effort to expand Ally’s business in the healthcare sector nationwide, supporting private equity sponsors in the middle market with both cash-flow and asset-based lending. He will report to George Triebenbacher, president of Structured Finance.

Ceto most recently served as executive vice president and chief commercial lending officer at Aris Development Company. His healthcare experience includes founding and/or leading several successful healthcare finance businesses.

Previously, he founded and headed Greyrock/Bank of America Healthcare Capital; Silver Point Capital Healthcare Finance; and FirstLight Financial’s Specialized Industries Group. Additionally, Ceto was managing director and head of GE Capital