Aviation 100 Asia-Pacific awards the Ortus Aircraft Leasing Fund with Asia-Pacific Equity Deal of the Year
posted on Nov 16, 2016
Dubai, UAE – November 16, 2016: At this year’s Aviation 100 Asia-Pacific Awards 2016 gala dinner held during the Airline Economics Growth Frontiers conference in Hong Kong, the ‘Asia-Pacific Equity Deal of the Year’ was awarded to “Sumitomo Mitsui Trust Bank and Novus Aviation Capital for the Ortus Aircraft Leasing Fund”.
Novus Aviation Capital (“Novus”) is co-sponsor in Ortus and will provide its aircraft lease management services to the fund through its global platform, and Sumitomo Mitsui Trust Bank (“SuMi TRUST Bank”) is the co-sponsor, and a Limited Partner of the Fund. Ortus is designed to capture the demand from Japanese institutional investors and will consist of a portfolio of global airlines and commercial aircraft manufactured by Boeing and Airbus.
The award is in recognition of this pioneering sponsorship of an equity operating lease investment fund by a Japanese financial institution in the aircraft leasing industry and Novus’ continuous innovative initiatives in the aviation industry.
“We are happy to be recognized by our aviation industry peers, and receiving this award alongside Novus gives us more incentive to further our continuous efforts to bring new, attractive and proven investment opportunities to our clients,” stated Mitsuru (Brian) Koguchi, Associate General Manager of SuMi TRUST Bank’s Structured Finance Department.
“The award is a testament to the hard work by both SuMi TRUST Bank and Novus in launching this pioneering fund, which has already transacted on deals just a few months after its inception,” said Hani Kuzbari, Managing Director of Novus Aviation Capital. “Novus looks forward to a stronger relationship with SuMi TRUST Bank and creating more innovative investment opportunities for SuMi TRUST Bank and Japanese investors.”
*Source: TRACCS UAE