Bringing Institutional Scale Capital to Equipment Leasing

Equipment Types: Representative equipment types include, but are not limited to, commercial corporate and civilian airframes, engines and rotable parts pools; railroad rolling stock and locomotives; marine vessels in brownwater service; helicopters; cranes, rigging and related equipment; materials handling; energy production, storage, distribution and services including pressurized tanks and related facilities; power generation and infrastructure; over the road transport; and many other categories of equipment generally resistant to rapid technological change.

Size: In the context of a relationship that will generate much future volume, the individual ticket size does not matter particularly. If a transaction is a one-off opportunity, we rarely desire to invest less than $1 million and are unlikely to invest more than $15 million as equity in a single transaction.

Credit Quality: We are flexible about credit but generally must be confident the business of the lessee will be satisfactory for years to come.

Lease Documents: We accept lease paper written by others so long as it has the typical protections for a lessor in their ability to preserve and maintain their legal position in the rental and the equipment.

Term: We look at deals of any initial or remaining term; usually this falls between 1 year remaining to about 7 years remaining

Structure: We act as lessor in newly originated leases or seasoned leases and portfolios. We invest in joint ventures with other lessors and we can be the silent equity partner for programs originated and managed by other lessors. We do residual value based alternatives such as residual options or other delayed transfer mechanisms.