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DAE Capital Launches Third-Party Aviation Asset Management Unit Targets Assets Under Management Of $5 Billion |
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DAE Capital, Dubai Aerospace Enterprise’s leasing division, today announced the creation of DAE Aircraft Investor Services (DAE-AIS), a separate unit dedicated to servicing the needs of debt and equity investors in aviation assets. DAE-AIS will: Leverage DAE’s full service, global platform to provide bespoke asset management solutions to investors in aviation assets, Commenting on the creation of DAE-AIS, Firoz Tarapore, Chief Executive Officer of DAE said: “DAE-AIS will provide a unique offering blending our full platform capabilities with a dedicated service unit led by industry veteran Dan Stone. Dan will be responsible for growing the assets under management of approximately $850 million to $5 billion to address the growing needs of investors in this sector.” DAE’s platform has a multidisciplinary team of 140 individuals with more than 30 years of experience investing in and managing a wide range of aircraft assets. DAE’s team has substantial experience in all aspects of aircraft leasing and management, with a focus on the full range of aircraft from turboprops to wide-body aircraft across the entire age spectrum from new aircraft deliveries to end of life solutions. |
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