RW Pressprich & Co, a leading fixed income and equity broker-dealer based in New York, has announced the launch of its Aviation Finance Group.
Steve Welo has been announced as managing director of the new venture. Welo was previously at Piper Jaffray where he focused on aviation finance in both institutional sales and investment banking. Welo joins the Pressprich offices in Minneapolis where the Pressprich Aviation Finance team will be headquartered.
The Pressprich Aviation team will focus on sales, trading, and analytics of EETC, Aircraft ABS, and private transactions, as well as providing advisory services to a variety of clients, including airlines, leasing companies, asset managers, and aviation investors.