CION Investment Corporation Strengthens Leadership Team with the Appointment of Charlie Arestia as Managing Director and Head of Investor Relations
March 27 2024 - 8:00AM
Business Wire
CION Investment Corporation (NYSE: CION) (“CION”), a leading
publicly listed business development company focused on the U.S.
middle market, is pleased to announce the appointment of Charlie
Arestia as Managing Director and Head of Investor Relations. In
this key role, Mr. Arestia will play a pivotal part in fostering
and expanding relationships with CION’s valued investors. Mr.
Arestia will be based in New York and will work closely with CION’s
senior management and help coordinate all aspects of CION’s
investor relations activities.
Mr. Arestia brings a wealth of experience in investor relations
as well as a deep understanding of specialty finance and business
development companies, having most recently served in the investor
relations department at Focus Financial Partners and previously as
an analyst at J.P. Morgan.
Mark Gatto, co-CEO of CION expressed his enthusiasm about the
new addition to the team: “We are thrilled to welcome Charlie to
the CION team. His extensive experience in building strong investor
relationships, familiarity with the wealth management industry and
BDCs in general, aligns perfectly with our continued commitment to
provide value to our shareholders. We believe Charlie will
contribute significantly to our future success.”
“I am honored to join the senior leadership team at CION. I look
forward to working closely with our investors, leveraging my
experience to strengthen existing relationships and cultivate new
partnerships,” added Mr. Arestia.
ABOUT CION INVESTMENT CORPORATION
CION Investment Corporation is a leading publicly listed
business development company that had approximately $2.0 billion in
total assets as of December 31, 2023. CION seeks to generate
current income and, to a lesser extent, capital appreciation for
investors by focusing primarily on senior secured loans to U.S.
middle-market companies. CION is advised by CION Investment
Management, LLC, a registered investment adviser and an affiliate
of CION. For more information, please visit www.cionbdc.com.
FORWARD-LOOKING STATEMENTS
This press release may contain forward-looking statements that
involve substantial risks and uncertainties. You can identify these
statements by the use of forward-looking terminology such as "may,"
"will," "should," "expect," "anticipate," "project," "target,"
"estimate," "intend," "continue," or "believe" or the negatives
thereof or other variations thereon or comparable terminology. You
should read statements that contain these words carefully because
they discuss CION’s plans, strategies, prospects and expectations
concerning its business, operating results, financial condition and
other similar matters. These statements represent CION’s belief
regarding future events that, by their nature, are uncertain and
outside of CION’s control. There are likely to be events in the
future, however, that CION is not able to predict accurately or
control. Any forward-looking statement made by CION in this press
release speaks only as of the date on which it is made. Factors or
events that could cause CION’s actual results to differ, possibly
materially from its expectations, include, but are not limited to,
the risks, uncertainties and other factors CION identifies in the
sections entitled "Risk Factors" and "Forward-Looking Statements"
in filings CION makes with the SEC, and it is not possible for CION
to predict or identify all of them. CION undertakes no obligation
to update or revise publicly any forward-looking statements,
whether as a result of new information, future events or otherwise,
except as required by law.
OTHER INFORMATION
The information in this press release is summary information
only and should be read in conjunction with CION’s Current Reports
on Form 8-K, which CION filed with the SEC on March 14, 2024 and
March 27, 2024, as well as CION’s other reports filed with the SEC.
A copy of CION’s Current Reports on Form 8-K and CION’s other
reports filed with the SEC can be found on CION’s website at
www.cionbdc.com and the SEC’s website at www.sec.gov.
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version on businesswire.com: https://www.businesswire.com/news/home/20240327874765/en/
Media Susan Armstrong sarmstrong@cioninvestments.com
Investor Relations Charlie Arestia (646) 845-8259
carestia@cioninvestments.com
Analysts and Institutional Investors James Carbonara
Hayden IR (646)-755-7412 James@haydenir.com
CION Investment (NYSE:CION)
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