Aergo Capital has announced that it is expanding its aviation platform by significantly developing its structured products capabilities. These enhanced customer services will be provided by very senior strategic new hires complementing existing expertise.
Aergo’s expansion highlights its confidence in the future of aviation, despite the ongoing impact of COVID-19 on the industry and further positions the company to take advantage of opportunities going forward. Additional or enhanced client services include capital and financial structuring; joint ventures using its platform strength and lease management capabilities; remarketing assets; acquisition; disposal; technical advisory; and restructuring services.
Fred Browne, chief executive Officer of Aergo, said, “COVID-19 will pose challenges for the industry into 2021 and beyond. For institutional investors, airlines, and capital markets players, Aergo’s full-service platform can develop and implement strategic solutions to help them address and overcome these challenges. I would note that Aergo’s continued growth would not have been possible without the ongoing support and counsel of our majority shareholder, CarVal Investors.”
Joining Aergo are David Power as executive chairman (Structured Products) and board director Aergo Holdings and Paul Naylor as chief commercial officer (Structured Products), each of whom have over 30 years of relevant experience.