Aviation investment fund Deucalion and Marubeni Corporation have formed a new joint venture leasing company, MD Aviation Capital. Duecalion has been advised by DVB Bank on the deal. MD Aviation Capital plans to complete its first acquisition of assets by the end of 2010 and expects to further expand its investment portfolio in the future. Bertrand Grabowski, member of the board of managing directors of DVB and responsible for aviation, said: “We are delighted to have concluded this new joint venture vehicle which represents our first such collaboration with Marubeni. This new venture continues the Bank’s strategy of opportunistically investing

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