Hilco Commercial Industrial announced the launch of Hilco Equipment Finance ("HEF"), a newly established business unit dedicated to providing innovative equipment financing solutions. Industry veteran, Brian Pollack, has been appointed as Managing Director, Equipment Finance to lead HEF, bringing more than 25 years of expertise in asset finance, valuation and structured lending.

HEF provides structured capital solutions to commercial and industrial businesses across the US, Canada and Europe. HEF leverages Hilco Global's unparalleled equipment valuation and industry expertise to invest our capital in stabilized and storied credits secured by equipment. HEF provides equipment loans and leases to optimize liquidity, restructure the capital stack, and finance business expansion.

"We are thrilled to welcome Brian Pollack," said Steven Tanzi, CEO of Hilco Commercial Industrial. "Brian's proven track record in structured asset finance, coupled with his deep industry knowledge, positions us to provide unparalleled value to our clients. This new group will enable us to offer creative solutions for businesses that require financing outside of traditional lending frameworks."

Pollack joins HEF following a successful tenure as CEO of a leading equipment financier where he achieved transformative growth by expanding the company's portfolio. Over his career he has closed over $3 billion in debt and equity transactions in banking, private credit, private equity and corporate sector. His background includes senior roles at Bank of America, RBS Citizens Bank and other leading financial institutions where he specialized in asset finance, portfolio management and risk mitigation. His leadership will be instrumental in shaping the group's strategy and driving the success of HEF.

"I am thrilled to join Hilco Commercial Industrial and lead the launch of Hilco Equipment Finance," said Pollack. "With Hilco's unparalleled industry knowledge and asset expertise, we are uniquely positioned to provide innovative, flexible financing solutions that empower businesses to maximize and monetize their equipment values. I look forward to building strong partnerships and delivering the strategic capital solutions that today's businesses need."

HEF will build on Hilco's longstanding expertise in asset valuation, monetization and advisory services. Leveraging this foundation, the group will focus on:

• Customized Structured Solutions: Structured equipment loans and leases designed to meet the unique needs of businesses, optimizing liquidity and asset utilization.

• Storied Credits: Providing financing solutions for situations that fall outside of traditional bank credit boxes and require industry and equipment expertise.

• Recapitalization: We deploy our own capital by leveraging Hilco Global's 40+ years of industry-leading expertise in asset valuation and monetization.