Barings Alternative Investments expands aviation investment platform through partnership with Genesis Aircraft

Eleanor Steed
By Eleanor Steed March 26, 2018 16:38

Barings Alternative Investments expands aviation investment platform through partnership with Genesis Aircraft

Barings Alternative Investments, part of Barings, has expanded its aircraft leasing platform on behalf of the firm’s institutional fund clients through Genesis Aircraft Services. To facilitate new aircraft acquisitions on behalf of Barings’ clients, Genesis will increase existing capabilities to now include all commercial, technical, portfolio and legal management functions required of a full-service premier owner and lessor of commercial aircraft.

As part of its increased capabilities, Karl Griffin will join Genesis as Chief Commercial & Investment Officer and will also be appointed to the Genesis Board of Directors effective May 2018; Anna Reimers will join Genesis as Chief Legal Officer; and John McMahon will be appointed to Genesis’ Board as an independent director.

Griffin is currently the Chief Operating Officer at DAE Capital. He has held key leadership roles in the engineering, airline, financing and leasing industries throughout his 30-year aviation career. Prior to DAE, he served as the Chief Operating Officer at AWAS, was the Chief Technical Officer at CIT Aerospace International, and was Senior Vice President Engine Leasing & Finance with RBS Aviation Capital. Griffin started his career as an aircraft maintenance engineer at Shannon Aerospace, a joint venture of GPA, Lufthansa and Swissair.

Reimers has more than 18 years of legal experience in the aviation industry and joins Genesis from McGuireWoods, where she focused on aviation investments while representing financial institutions, equity investors, investment advisors and lessors. McGuireWoods has represented Barings in the acquisition, disposition, financing and management of various aircraft portfolio investments.

McMahon has more than 30 years of experience in aviation, finance and leasing. He currently serves as an aviation consultant, university professor and non-executive director. He was the Chairman and CEO of Genesis Lease Limited from 2006 until its merger with AerCap Holdings N.V. in 2010. Previously, McMahon held senior management positions at Lloyds TSB Bank and Debis AirFinance (now AerCap), as well as executive roles at GE Capital Aviation Services, GPA Group and Aer Lingus.

 

Eleanor Steed
By Eleanor Steed March 26, 2018 16:38