CION Investment Corporation (CION)

12.11 +0.20 (+1.68%) At close: 04:00PM EDT

CION Investment Corporation

100 Park Avenue
25th Floor
New York, NY 10017
United States
212-418-4700
https://www.cionbdc.com

Sector(s): Financial Services
Industry: Asset Management
Full-time employees: 

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Michael A. Reisner Esq., J.D.	Co-Founder & Co-Chairman & Co-CEO	N/A	N/A	1971
Mr. Mark Gatto J.D.	Co-Founder, Co-Chairman & Co-CEO	N/A	N/A	1973
Mr. Gregg A. Bresner CFA	President & Chief Investment Officer	N/A	N/A	N/A
Mr. Joe Elsabee	Managing Director	N/A	N/A	N/A
Mr. Keith Scott Franz CPA	MD, CFO & Treasurer	N/A	N/A	1969
Mr. Charles Douglas Arestia	MD & Head of Investor Relations	N/A	N/A	1986
Mr. Stephen Roman	Chief Compliance Officer & Corporate Secretary	N/A	N/A	1982
Mr. Eric Anthony Pinero	Chief Legal Officer	N/A	N/A	1976
Mr. Geoffrey A. Manna	Senior Managing Director	N/A	N/A	N/A
Ms. Aditi Budhia	Senior Vice President	N/A	N/A	N/A

Amounts are as of , and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

CION Investment Corporation is a business development company. It specializes in investments in senior secured loans, including unitranche loans, First Lien, second lien loans, long-term subordinated loans, and mezzanine loans; equity interests such as warrants or options; and corporate bonds; and other debt securities in middle-market companies. The firm invests in growth capital, acquisitions, leveraged buyouts, market/product expansion, refinancing and recapitalization. The fund also invests up to 30 percent of their assets opportunistically in other types of investments, including the securities of larger public companies and foreign securities. It also makes investments in the secondary loan market. The fund does not invest in start-up companies, turnaround situations, or companies with speculative business plans. The fund prefers to invest in high tech industries, healthcare, pharmaceuticals, business services, media, chemicals, plastic, rubber, telecommunication, consumer services, advertising, printing and publishing, consumer goods, durables, diversified financials, and other industries. It also invests in homebuilding, restaurants, beverage and tobacco bars, broadcasting, distributors, Non-durable good distribution, food beverage and tobacco, energy, oil gas and consumables fuels, insurance, aerospace and defense, industrial machinery, paper and forest product machinery, information technology, metals and mining, and real estate. It primarily seeks to invest in the United States. The fund seeks to invest between $5 million and $50 million in companies with an EBITDA between $25 million and $75 million with average targeted hold of $25 million. It also purchases minority interests in the form of common or preferred equity in the target companies, typically in conjunction with its debt investments or through a co-investment with a financial sponsor. The fund seeks to exit its investments through an initial public offering of common stock, a merger, a sale, or other recapitalization.

Corporate governance

CION Investment Corporation’s ISS governance QualityScore as of N/A is N/A. The pillar scores are Audit: N/A; Board: N/A; Shareholder rights: N/A; Compensation: N/A.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.