Stellwagen acquires ECN Capital’s Commercial Aviation Business; Atlas Air Worldwide launches convertible notes issuance

Stellwagen Group has entered into an agreement to acquire ECN Capital’s Commercial Aviation advisory and asset management business (“ECN Commercial Aviation”). ECN Aviation arranges, co-invests and manages a portfolio of commercial aviation assets on behalf of institutional investors. It comprises a highly skilled US-based team and manages C$1.7 billion of aircraft assets. “The acquisition of ECN Commercial Aviation further enhances Acasta’s specialized aviation asset management business,” said Anthony Melman, Acasta’s Chairman and CEO. “Stellwagen will capitalize on ECN’s successful platform as a vertically integrated provider of aviation advisory services. ECN Commercial Aviation is highly complementary with the core advisory and