Member Since November 2018
Skills
About
Mr. Genovesi has over 17 years’ experience in the alternative investment industry, the last seven of which he was focused on the specialty finance/factoring sector. He served as the President of a $200M post-settlement attorney funding company that specialized in accelerating legal fees to lawyers with settled cases. Mr. Genovesi was the SVP at an alternative investment advisory firm and was responsible for manager due diligence and new business development. Prior to that he was VP at a global asset manager with over $3 Billion in hedge fund investments and responsible for manager due diligence and sourcing new managers for portfolios. Outside the office, Mr. Genovesi is an active member in the Big Brothers Big Sisters organization. He was recently appointed to the governing board of directors of the organization’s Independence Region chapter in Philadelphia. He has been a volunteer with the BBBS organization since 2001. Mr. Genovesi has his MBA in Finance from Rutgers University and a BS in Finance from Villanova University. He is a Council Member of Villanova University’s Center for Innovation, Creativity and Entrepreneurship.
Joseph Genovesi
Published content
article
Because legal funding transactions are non-recourse, there is generally a portion of advances where the funding companies are unable to recoup their investment. This is why legal funding is more expensive than more traditional financial options.
Company details
Balanced Bridge Funding
Company bio
We help small businesses and individuals maximize their cash flow by advancing immediate capital on their unpaid receivables. Most of our advances are non-recourse transactions, meaning if we advance you funds and your receivable for whatever reason doesn't payout, you owe us nothing. Our funding solutions include legal funding (post-settlement funding for attorneys and plaintiffs, law firm lines of credit, voucher funding, and first year attorney funding), real estate commission advances, professional athlete funding, government contract advances, and fix and flip real estate loans.