News
Amedeo takes minority stake in Intrepid
July 6th 2018
The owners of Irish lessor Intrepid Aviation, Centerbridge Partners and Reservoir Capital Group, will take up equity in wide body lessor Amedeo Capital, which will in turn acquire a minority shareholding in Intrepid, resulting in “a strategic partnership” between the leasing specialists. Read More » Under the agreement, Intrepid will continue to operate from Ireland, but will be rebranded.
Intrepid CEO, Doug Winter, will become Amedeo vice-chairman and Intrepid CFO and Mike Lungariello Amedeo’s finance chief.
Amedeo is one of the largest widebody aircraft asset managers, with aviation assets under its management that exceed US$8 billion, including two publicly listed vehicles on the London Stock Exchange.
“Amedeo remains focused on delivering unique and flexible solutions while building long-term partnerships with airlines and investors. Both companies will benefit from increased scale, synergies and talent that exist between the two platforms, and enhanced expertise in developing access to permanent capital investment channels. We are very pleased to welcome Doug and Mike to Amedeo and are excited to further augment Amedeo’s capabilities with their significant experience in the aviation industry”, said Amedeo CEO, Mark Lapidus.
