AB CarVal

The AB CarVal office in Minneapolis welcomes our summer interns. Najma Hussein is an operations and marketing intern, majoring in business administration at St. Catherine University. Victoria Lo is an operations and marketing intern, pursuing degrees in business administration and communication studies at St. Catherine University. Maggie Seidel is interning with the Clean Energy team and pursuing a degree in entrepreneurship and international and public affairs at Brown University. Hannah Smith is interning with the CLO team as part of the Girls Who Invest program and is majoring in psychology and political science at University of Notre Dame.

100 Women In Finance Minneapolis celebrated its 10th anniversary with a discussion between Jody Gunderson, managing principal with AB CarVal, and Marcia Page, founder and CEO of MPowered Capital, moderated by Susanna Gibbons, CFA, University of Minnesota - Carlson School of Management. Jody, Marcia and Susanna offered their views on the current market and reflected on lessons learned as trailblazers rising in leadership roles.

AB CarVal’s London office is pleased to welcome two summer interns from the 2024 GAIN UK Empower Investment Internship Programme. Arushi Agrawal is a student at The London School of Economics and Political Science (LSE), pursuing a degree in mathematics and economics. Jennia Yang 杨济瑄 is studying economics at Emmanuel College, Cambridge. AB CarVal is a long-time partner of GAIN UK (Girls are Investors) in ongoing efforts to inspire and support more women to join the finance industry. As one of more than 500 financial firms involved with GAIN, we are proud that our collective impact helps reach more than 10,000 students each year.

Well done to the AB CarVal running team in London for completing several races this season, including the J.P. Morgan Corporate Challenge run in July, the world’s largest corporate running event. Matthew Shipton, Louis Mellor, Alex Finney, Darcy Hill, Alastair McRae CA, Chinwendu Ogboh, CA, Awo Ibrahim, Bianca Westwood CA(SA), Fran Scott, Calum McConnell, Arushi Agrawal, Jennia Yang 杨济瑄, Daniel Corbie, Francesco Buffi, Maria de Leire Olivares Rodriguez , Guillaume RICHARD de LATOUR

Aergo Capital Limited (“Aergo”) has acquired two (2) A320-200 aircraft and two (2) B737-800 aircraft from AerCap. The A320 aircraft are on lease to Lauda Europe, a subsidiary of the Ryanair Group, and the B737 aircraft are on lease to Jeju Air. Fred Browne, Chief Executive Officer of Aergo, commented: “We are delighted to announce acquisition of the four aircraft from AerCap. The A320 & B737 aircraft are strong additions to our portfolio, and we are particularly excited to welcome Lauda and Jeju Air into our lessee base. We would like to thank AerCap for their tenacity and support in getting this deal across the line and look forward to working with their team again in the future.”   Smith Gambrell Russell LLP acted as lead counsel to Aergo. #aircraftleasing #leasing #aircraft #aviationfinance #aircraftlessor #A320 #B737 #aviation #aviationindustry

AB CarVal's Drew Venkatraman, Roy Jumbo and Isabella Mandli visited the Tyson Nick solar project in Lamar County, Texas, an investment by funds managed by AB CarVal. White Cap, a distributor of specialty construction supplies and safety products for professional contractors, has agreed to offtake the majority of the annual clean energy generated by the 114 MW solar facility under construction through a 10-year Virtual Power Purchase Agreement (VPPA). This VPPA is made possible by ENGIE Energy Marketing NA. https://lnkd.in/e64sNUUt

AllianceBernstein's Head of Private Alternatives Matthew Bass recently spoke with Pensions & Investments to share his insights on the growth and maturation of private credit as an asset class and how AB continues to expand and diversify solutions for clients. To read the full interview: https://lnkd.in/eFXxKUjc

Emily Wilson, director with AB CarVal’s aviation leasing team, will be a featured panelist this month at ISTAT’s Sustainability Symposium.

Many international airports are reporting record numbers of passengers and the demand for air travel continues to rise. Did you know that there are fewer than 30,000 commercial jets in operation today, and about half are leased? Most have a 30-year life, though frequent upgrades to newer, more fuel-efficient planes keep turnover high and average lease life shorter than the plane’s life. Leasing helps airlines stay flexible and responsive to changing supply and demand, which also means aircraft leasing stays active throughout the market cycle. For more about this opportunity, please read this perspective from AB CarVal's James McManus: https://lnkd.in/gvUhxAFT

AB CarVal was invited by our Minneapolis neighbors at Allianz for a session on diversity, equity and inclusion in finance. Kerry Fauver moderated a discussion including Angie Fenske, Julie Kranz and Jess Dvorak speaking to their roles at the firm, the value of diversity in delivering results and being champions and allies. Thank you, Tiffany Parr and the Allianz team, for hosting this conversation.