Wednesday 20 March 2019

DAE launches third-party aviation asset management unit

DUBAI, January 16, 2018

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, and it will also provide investors a single point of contact dedicated to championing their interests within the wider DAE platform, as well as
ensure a best-in-class standard of care for investors’ 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.” - TradeArabia News Service

Tags: capital | DAE | aviation | asset | management | unit |

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