18 January 2024
Team Acumen
Aergo Capital and Acumen Aviation Forge Strategic Alliance for Enhanced Aviation Asset Management
Dublin, Ireland – 18-01-2024: Aergo Capital and Acumen Aviation proudly announce a dynamic collaboration aimed at elevating the scope of aviation asset and investment management services for our esteemed investor base.
This strategic partnership capitalises on the extensive knowledge and decades of experience inherent in both organisations, presenting a holistic and more thorough and comprehensive approach to aviation investments. With Aergo successfully expanding its managed portfolio to over 160 aircraft since 2021 and Acumen overseeing 24 assets in lease administration, in addition to managing over 1850 assets through its software services, this collaboration promises an unprecedented level of expertise and practical ‘know how’. The synergies between Aergo and Acumen will yield a pioneering and unparalleled amalgamation of commercial, digital, and technical asset management services. The goal is to optimise returns, enhance portfolio composition, fortify corporate governance, and refine reporting mechanisms, addressing the dynamic challenges posed by the aviation industry.
Central to this strategy is the fusion of complementary yet distinct skills and expertise, tailored to create bespoke investment strategies in aviation. The primary objective is to enhance risk-adjusted returns, ensuring that investors can be confident in an ever-evolving environment.
Both David Power, Executive Chairman, Aergo Asset Management and Alok Anand, Chairman and CEO, Acumen, welcomed the Collaboration while noting that it is the first such dedicated offering as between a Technical Services Asset Manager and an Aircraft Lessor Asset Manager and is particularly important given current supply chain issues , MRO capacity issues and general capacity constraints throughout the industry.
Fred Browne, Chief Executive Officer & Head of Origination, Aergo, welcomed this initiative saying "with the rapid growth of our Asset Management business this is a very important milestone for Aergo , we aim to be 'best in class' with the widest service offering.”
About Acumen Aviation
Acumen is an aircraft asset lease manager with a global platform, established in 2009, headquartered in Ireland with offices in India, China, and the USA. Acumen’s management team has over 300 years of cumulative experience with a permanent staff of over 90 people. Acumen offers a full range of services throughout the lifecycle of the aircraft including aircraft sourcing, pre-purchase inspections (physical and records), project management, lease management, re-marketing, fleet audits, aircraft trading, powerplant management, aircraft valuations and CAMO services. Acumen embraces new technologies and has a dedicated digital transformation business arm providing market driven products and services to the sector. This includes Acumen’s state-of-the-art asset management platform, SPARTA, as well as its digital success advisory (DSA), offering specific software development and design solutions to help clients meet the challenges and requirements of the digital age. Its customers include aircraft lessors, airlines, banks, private equity, and investors.
About Aergo Capital
Aergo Capital was founded in 1999 as an aircraft leasing and trading company. Over the past 25 years, Aergo Capital has established itself as a leading global aircraft and aviation investment management platform with a portfolio over 240 owned and managed narrowbody, widebody and turboprop aircraft valued at approx. US $5.5 billion. Aergo Capital provides comprehensive and tailor-made solutions to support investors through the full life cycle of their investments. It has undertaken multiple successful capital deployment, asset management and asset divestment campaigns through several industry cycles for a broad range of investors, aircraft types and vintages across all market segments.
For more information please contact:
Acumen Press Office: America
Location: Florida, USA
Phone: +1 954 999 8060
sean.oconnor@acumen.aero
Acumen Press Office: China
Location: Beijing, China
Phone: +861062434080
livia.liu@acumen.aero
Acumen Press Office: Europe
Location: Dublin, Ireland
Phone: +353 86 2424777
martin.corcoran@acumen.aero
Acumen Press Office: Central Asia
Location: GIFT City, India
Phone: + 91 9004689255
kumar.narayanaswami@acumen.aero
Acumen Press Office: South Asia
Location: Bangalore, India
Phone: +91 8077158460
Disclaimer:
Cautionary Note Regarding Forward-Looking Statements; The statements contained herein may include statements of future expectations and other forward-looking statements that are based on management’s current views and assumptions and involve known and unknown risks and uncertainties that could cause actual results, performance, or events to differ materially from those expressed or implied in such statements. In addition to statements, which are forward-looking by reason of context, the words "may", "will", "should", "expects", "plans", "intends", "anticipates", "believes", "estimates", "predicts", "potential", or "continue" and similar expressions identify forward-looking statements. Actual results, performance or events may differ materially from those in such statements due to, without limitation, (i) general economic conditions, including in particular economic conditions in the Acumen Aviation Europe Ltd core business and core markets, (ii) performance of financial markets, including emerging markets, and including market volatility, liquidity and credit events (iii) the frequency and severity of insured loss events, including from natural catastrophes and including the development of loss expenses, (iv) mortality and morbidity levels and trends, (v) persistency levels, (vi) the extent of credit defaults, (vii) interest rate levels, (viii) currency exchange rates including the Euro/U.S. Dollar exchange rate, (ix) changing levels of competition, (x) changes in laws and regulations, including monetary convergence and the European Monetary Union, (xi) changes in the policies of central banks and/or foreign governments, (xii) the impact of acquisitions, including related integration issues, (xiii) reorganisation measures, and (xiv) general competitive factors, in each case on a local, regional, national and/or global basis. Many of these factors may be more likely to occur, or more pronounced, as a result of terrorist activities and their consequences. The company assumes no obligation to update any forward-looking statement.