Mark Satran Joins AE Industrial Partners as Senior Managing Director
The Firm Also Announces the Formation of AE Industrial Partners Aerospace Aggregator, LP, Expanding its Investment Solutions to Commercial Aviation Leasing
PR Newswire
BOCA RATON, Fla., Jan. 8, 2020
BOCA RATON, Fla., Jan. 8, 2020 /PRNewswire/ — AE Industrial Partners, LP (“AEI” or the “Firm”), a private equity investor specializing in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets, announced today that Mark Satran has joined the firm as a Senior Managing Director. Mr. Satran brings a highly successful track record of acquiring commercial aircraft assets and structuring leases with attractive investment characteristics.
In connection with the hiring of Mr. Satran, the Firm also announced the formation of AE Industrial Partners Aerospace Aggregator, LP (“AEI Aerospace Aggregator”), AEI’s investment diversification strategy into commercial aircraft leasing. AEI Aerospace Aggregator will pursue a strategy of acquiring commercial aviation aircraft and engine assets and structuring leasing solutions designed to produce current income and capital appreciation for investors.
AEI intends to leverage its industry leading aerospace investment platform to build a portfolio of commercial aircraft and engine assets for the purpose of creating leases and structured credit solutions to the global aviation market. AEI Aerospace Aggregator will strategically complement AEI’s flagship private equity funds, AE Industrial Partners Fund I, LP and AE Industrial Partners Fund II, LP, as well as its structured credit solutions vehicle, AE Industrial Partners Credit Solutions I, LP.
The New Mexico Education Retirement Board (“NMERB”) recently announced its commitment of $150 million to AEI Aerospace Aggregator. “NMERB is a long-time supporter of AEI and believes the AEI Aerospace Aggregator should generate compelling investment opportunities in a challenging environment,” said Steve Neel, Deputy Chief Investment Officer for Alternative Assets with NMERB. “The AEI team have true industry domain expertise coupled with savvy structuring acumen that differentiate them from their peers.”
Mr. Satran has more than 30 years of structured finance and aviation leasing experience, most recently as a Managing Director at Alterna Capital Partners. Prior to joining Alterna Capital Partners, he was at Pitney Bowes Global Financial Services, GE Capital, and Citicorp Global Equipment Finance. He received a BS from Babson College with a double major in Finance/Investments and Entrepreneurial Studies.
“Mark brings a wealth of industry and technical knowledge to our new commercial aviation leasing platform, including a long and deep track record of structuring unique leasing solutions that have delivered strong risk adjusted returns for institutional investors,” said David Rowe, Managing Partner of AEI. “We welcome Mark to the Firm and we look forward to leveraging the entire AEI platform to grow this business.”
“The firm is seeing significant investor demand for non-traditional investment products that have the ability to deliver solid risk adjusted returns while offering a lower correlation to the private equity market,” added Michael Greene, Managing Partner of AEI. “With the addition of Mark, combined with AEI’s origination network, we believe we can deliver a high quality and unique investment solution to our investor base.”
“I am excited to join AEI to lead this new investment strategy,” said Mr. Satran. “AEI is the perfect specialized industry platform for this product with the necessary infrastructure and resources in place to build a significant global leasing business.”
About AE Industrial Partners
AE Industrial Partners is a private equity firm specializing in control investments in Aerospace, Defense & Government Services, Power Generation, and Specialty Industrial markets. AEI invests in market-leading companies that can benefit from our deep operating experience, industry knowledge, and relationships. Learn more at www.aeroequity.com
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SOURCE AE Industrial Partners