AB CarVal is a global alternative investment manager that focuses on credit market cycles and opportunistic investing. The company manages assets in corporate securities, loan portfolios, structured credit, and hard assets across 82 countries.

AB CarVal

AB CarVal is an established global alternative investment fund manager. Founded in 1987, AB CarVal has navigated through ever-changing market cycles, opportunistically investing $144 billion in 5,695 transactions across 82 countries. AB CarVal has an experienced team of approximately 205 employees in five offices in four countries. Today, AB CarVal has approximately $17 billion in assets under management.

For more than three decades, AB CarVal has earned a reputation for integrity, discipline and rapid execution by drawing on its experienced team and working with local asset managers across the globe.

AB CarVal seeks opportunities in distressed credit markets and distressed assets. The firm pursues situations where it can readily identify value creation in a predictable time frame and where it believes its core competencies and competitive advantages can translate into sustainable and attractive risk-adjusted returns. 

Aergo Capital Limited (“Aergo”) has acquired two (2) Boeing 737-800 aircraft, bearing the manufacturer serial numbers 40308 & 34989 from SMBC Aviation Capital. The aircraft are on lease to Korean low-cost carrier, T'way Air.

Fred Browne, Chief Executive Officer of Aergo, commented: “It is a pleasure to announce the acquisition of the two Boeing 737-800 aircraft from SMBC Aviation Capital. We are particularly excited to add T’way to our portfolio as a new lessee. I would also like to thank SMBC Aviation Capital for their diligence in getting this deal over the line and look forward to working with them again in the future.”
 
Michael Littleton, Head of Aircraft Trading, SMBC Aviation Capital, commented: “SMBC Aviation Capital are pleased to confirm the sale of two Boeing 737-800 to Aergo. This transaction strengthens the relationship between SMBC Aviation Capital and Aergo and we look forward to building on this relationship in the future.” 

Smith Gambrell Russell, LLP acted as lead counsel to Aergo. 
 
McCann FitzGerald LLP acted as lead counsel to SMBC Aviation Capital. 

MUFG acted as the sole lender on this transaction.


#aircraft #aircraftleasing #aircraftlessor #aviation #aviationindustry #aviationnews

We recognize #NationalAviationDay and two leaders in AB CarVal's aviation team. James McManus and Emily Wilson. The post-pandemic recovery in commercial air travel is well underway, and a rapidly growing global middle class means the skies will only get more crowded. But aircraft supply is barely keeping up as manufacturers struggle to make up for past capacity cuts and overcome supply chain challenges. For more Insights from our aviation team, visit: https://lnkd.in/gHe6xwdh

AB CarVal congratulates Aergo Capital on the latest addition to its aviation leasing portfolio.
 
Fred Browne, Chief Executive Officer of Aergo: “We are thrilled to announce the completion of this purchase & lease-back transaction with WestJet. The eight B737s are an excellent addition to our growing portfolio. This marks our first transaction with WestJet, and we are particularly pleased to add another Canadian carrier to our client base. We look forward to an ongoing relationship with the airline. I would like to thank all who were involved in executing this deal so smoothly and expeditiously.”

Thank you to our AB CarVal team in Minneapolis for picking up the paint brushes and giving a summer day to Twin Cities Habitat for Humanity. 

Catherine Ollwerther, Rachelle Putnam, Isabella Mandli, Meghan Kratz, CPA, Taylor Boudonck, Stephanie Meland, Susannah Kyle, Brandon Beyer, Bryce R., and David Tran

Aergo Capital announces the successful sale of a Pratt & Whitney PW127 engine, bearing the ESN ED0036, to Willis Lease Finance Corporation (NASDAQ: WLFC) (“WLFC”). 

Fred Browne, Chief Executive Officer at Aergo Capital commented: “We are pleased to announce the sale of this PW127 engine to WLFC. This transaction represents a significant milestone as it is our first deal with WLFC, and we look forward to building a strong and lasting relationship. We extend our gratitude to the Willis team for their ongoing professionalism and dedication in completing this transaction.” 

“We appreciate the opportunity to work with Aergo on this engine transaction. This is an important first step and we look forward to exploring additional areas of cooperation,” said Dave Desaulniers, Vice President Regional Aircraft/Engines at WLFC.

Smith Gambrell Russell, LLP acted as lead counsel to Aergo.
 
#aircraft #engine #engineleasing #aircraftleasing #aircraftlessor #aviation #aviationindustry

Students from Duke University visited our London office as part of their six-week summer program to gain a deeper understanding of the financial services industry and global financial markets. Thank you to Daniel Kayello, director, for hosting the students on behalf of AB CarVal and giving them an overview of private credit markets and alternative investments.

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