AerFin Limited, a specialist provider of end of life aircraft and engine asset management services, based in Caerphilly has entered in to an agreement with CarVal Investors, a Minneapolis based leading global alternative investment manager, that will see CarVal acquire a majority interest in the company. Mr. Bob James, the founder of AerFin will remain as the Managing Director and CEO going forward and will retain 20% of the company.

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05 Dec 2014

CarVal Investors Signs Agreement AerFin limited to Acquire a Majority Interest in AerFin Holdings Limited

AerFin Limited, a specialist provider of end of life aircraft and engine asset management services, based in Caerphilly has entered in to an agreement with CarVal Investors, a Minneapolis based leading global alternative investment manager, that will see CarVal acquire a majority interest in the company. Mr. Bob James, the founder of AerFin will remain as the Managing Director and CEO going forward and will retain 20% of the company.

The benefits that CarVal bring to the business in terms of access to significant capital and market reach will strategically position the AerFin business for continued growth with a shareholder who’s interests are very much aligned with our own Bob James

“The acquisition of AerFin is a compelling investment in itself and in addition enables CarVal to invest effectively in a dynamic and growing market in a more strategic way,” said Justin Bradburn, managing director for CarVal Investors. “Bob James and the AerFin team will bring tremendous value to our ability to invest in end of life aircraft and engines.”

About AerFin Limited

AerFin was formed in 2010 by Bob James who has over 34 years in the aviation industry with asset trading and technical management. AerFin specializes in providing end of life solutions for investors, MROs and airlines exposed to technically challenging assets. EBITDA to Sept 2014 was in excess of £3M. For more information, visit www.AerFin.com

About CarVal Investors

CarVal Investors is a leading global alternative investment fund manager focused on distressed and credit-intensive assets and market inefficiencies. Since 1987, its experienced team has navigated through ever-changing credit market cycles, opportunistically investing more than $78 billion in 5,200 transactions across 71 countries. Today, CarVal Investors has over $10 billion in assets under management in both credit and real estate strategies.

For more information, visit www.carvalinvestors.com

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