The Hedaya Capital Group hired Louis G. Barone as a senior advisor. In this role, Barone will be responsible for leading and executing new business development strategies and growth initiatives, as well as identifying and capitalizing on new markets. He also will leverage a network of referral relationships to acquire and develop new client relationships.
Based in New York, Barone has more than three decades of global banking, factoring, commercial finance and risk management experience. Prior to joining The Hedaya Capital Group, Barone held executive roles at BHI USA, the U.S. branch of Bank Hapoalim, where he served as senior vice president and head of domestic commercial and industrial lending; CIT Group Commercial Services, where he served as managing director and head of new business development; and at Israel Discount Bank, where he served as senior vice president and head of IDB Factors.
“We are excited to welcome such a seasoned industry veteran to the Hedaya Capital team,” Alfred Hedaya, president of Hedaya Capital, said. “He brings extensive experience, a deep referral network, and a proven track record of growing factoring, commercial lending and banking businesses and leading high-performing business development efforts. We look forward to his contributions.”
“I have known The Hedaya Capital Group principals for decades and have always admired their old-world values of high-touch customer service,” Barone said. “Since their inception, they have played a critical role in helping small and middle-market companies experiencing high growth or transitional situations, which dovetails with my own career. I look forward to using my experience to help their clients maximize growth, as well as assist them in their own growth journey.”
