J.G. Wentworth Adds Chief Investment Officer
10/5/2009
October 5, 2009, Bryn Mawr, PA – Stefano Sola has joined J.G. Wentworth as the firm's chief investment officer. In the newly created position, Mr. Sola will develop new funding sources for J.G. Wentworth, as well as assist in developing additional lines of business for the firm.
"The ongoing recovery in the capital markets is creating new opportunities among a variety of capital providers," said J.G. Wentworth Chief Executive Officer David Miller. "Through Mr. Sola's experience and contacts, J.G. Wentworth will deepen relationships with existing capital sources and develop new alliances with additional funding sources to ensure we continue to have abundant resources to fund client transactions."
Prior to joining J.G. Wentworth, Mr. Sola was a managing director with Swiss Re Capital Markets, with responsibility in sales, syndication and financing of insurance linked securities.
"We are delighted to have a capital markets professional of Stefano's skills and experience on our team," Mr. Miller continued. "His work will directly and positively impact the financial strength of J.G. Wentworth and help ensure that we are able to provide our clients with liquidity for their structured settlement and annuity payments."
About the J.G. Wentworth family of companies
J.G. Wentworth, Inc., based in Bryn Mawr, PA, is the nation's oldest, largest and most respected buyer of deferred payments for illiquid financial assets like
structured settlements and
annuities. Since 1992, J.G. Wentworth has purchased over $4 billion of future payment obligations from consumers and is also the nation's largest securitizer of structured settlement and annuity backed notes.
For more information about J.G. Wentworth, go to
www.jgwentworth.com.