General Electric Pension Trust of Stamford, Conn., has become an investment partner in Blue Cod Technologies Inc., a Marlborough, Mass.-based solutions and services provider to the property/casualty industry, along with Blue Cod’s partners, Edison Ventures and Eastward Capital.
Blue Cod said GE’s investment will go toward the expansion of Blue Cod’s sales and operations teams, and that Anandh Hari of GE Asset Management, a subsidiary of General Electric Co., will serve on the company’s Board of Directors.
Blue Cod recently opened a BPO Operations center in Savannah, Ga., and said it plans to expand further through the Southeast, Midwest and West.
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