Benjamin Wu
Benjamin Wu is Managing Director and Head of East Coast for ORIX Corporation USA’s Growth Capital business. He has over 20 years of experience in direct investing across private credit, growth equity and special opportunities investing. He joined the firm in 2023 and is based in New York.
Prior to joining ORIX USA, Mr. Wu was CEO of Brex Asset Management, where he launched and managed Brex Technology Opportunities Fund I. Prior to Brex, he also served as Managing Director and Business Services sector head for TPG Sixth Street Partners, Senior Managing Director at Macquarie Principal Finance, Principal at General Catalyst’s Growth Equity group, and Vice President/Associate at Fortress Drawbridge Special Opportunities Fund.
Mr. Wu holds an MS in Computer Science and a BSE/BSE summa cum laude from the Management & Technology Program at the University of Pennsylvania, an MBA from the Wharton School, and a JD from Harvard Law School.
April 10, 2025
Timing Considerations: Raising Debt Alongside Equity, Raising Between Rounds, Raising to Fund an Acquisition – and the Unique Considerations of Each Approach
• Value proposition of debt versus equity – various stages of growth
• Cost of capital in flat, rising or struggling valuation environments
• Control and structural considerations alongside or following an equity round
• Assessing the accretive nature of acquisition targets and forecasting financial impact
• Parameters on acquisition advances (fully committed v. fully discretionary or hybrid)
• Who has the negotiating leverage and when (company v. lender) – what creates the negotiating advantages?
• Syndicate and board strength – measuring risk as to future capital raise challenges and ability to support M&A strategies
