Penny Fine is a Managing Director at CIT Asset Management where she is responsible for driving the CIT Northbridge Credit LLC origination efforts for a broad range of flexible asset-based debt solutions tailored to middle-market companies.
Prior to joining the CIT Northbridge team, Penny was a business development officer at Huntington Business Credit and previously, Penny was Midwest region head for Chase Business Credit, a division of JPMorgan Chase. Before JPMorgan Chase, she was an executive director of Restructuring Services at Capstone Advisor Group consulting on solutions for lenders and investors in distressed situations. From 2005 to 2008, Penny served as executive vice president and head of the National Restructuring Group at CIT. Prior to joining CIT in 2005, Penny held various positions in lending at GE Capital and Heller Financial and started her career at Arthur Andersen in public accounting.
Penny earned her Masters of Business Administration from the University of Chicago and her B.S. in Accounting from the University of Illinois where she passed her Certified Public Accountant Examination. Penny is a member of the Turnaround Management Association, Secured Finance Network and the American Bankruptcy Institute.
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