Jonathan Bloom Takes Charge as Senior Director at Tiger Group, Enhancing Business Development

Jonathan Bloom Takes Charge at Tiger Group

In a significant move, Jonathan Bloom has joined Tiger Group as Senior Director of Business Development, further enhancing the company's capabilities in asset-based lending and restructuring services. With decades of experience in commercial and industrial (C&I) sectors and knowledge of accounts receivable (A/R) assets, Bloom’s arrival positions Tiger Group to better serve its diverse client base.

Based in Denver, Bloom brings a wealth of knowledge and a vast network of contacts across North America. His primary focus will be on bolstering Tiger's Commercial Industrial and Accounts Receivable divisions. This strategic move comes as Tiger Group expands its portfolio of lending, valuation, and disposition services.

Managing Directors Chad Farrell and Bruce Passen expressed their enthusiasm for Bloom's recruitment. Passen, who has worked with Bloom for nearly ten years, highlighted Bloom’s exceptional ability to assess and navigate distressed situations. He stated, “I have seen firsthand his extraordinary ability to analyze restructuring and distressed situations and quickly grasp the needs of borrowers, lenders, and turnaround professionals.” He believes that Bloom’s insights, combined with Tiger's comprehensive suite of services, will lead to innovative solutions for clients.

Farrell echoed this sentiment, emphasizing that Bloom’s extensive experience across various asset classes will allow him to effectively advise clients, including banks, workout firms, and bankruptcy trustees, on comprehensive strategies to optimize recoveries and turnaround operations.

Before joining Tiger Group, Bloom held positions such as Vice President of Sales at Hilco Receivables and Vice President at Hilco Appraisal Services. He also served in executive roles with notable companies including Loeb and Summit Investment Management. An alumnus of Indiana University Bloomington, Bloom's connection to the asset-based lending field is deeply personal. As he put it, “As the son of an ABL lender, this industry is in my blood. I am passionate about leveraging my experience to help lenders, borrowers, and turnaround professionals find the strategies and services they need to achieve their goals.”

His dedication to client service aligns perfectly with Tiger Group’s mission. Bloom’s multifaceted approach is anticipated to act as a catalyst in elevating the firm's services to new heights. “Our multidisciplinary team at Tiger acts as a force-multiplier in those efforts. Tiger's platform is an excellent fit, and I am greatly looking forward to partnering with my colleagues to take our client service to the next level,” he stated.

Bloom's extensive experience and proactive mindset are expected to benefit not only Tiger Group but also its wide array of clients seeking robust financial solutions as they navigate the complexities of the current economic climate. As the landscape of asset-based lending continues to evolve, the foresight and expertise that Bloom brings will be instrumental in helping Tiger Group stay ahead of the curve.

With Bloom on board, Tiger Group is poised to enhance its offerings, ensuring that it remains a leader in the field of asset-based lending, valuation, and recovery strategies. This recruitment marks a new chapter for Tiger Group, one that promises to yield exciting developments and opportunities in the ever-changing financial landscape.