27.06.2006
Stephan Sayre to head DVB Bank's Deucalion Fund
DVB Bank AG, the Frankfurt-based bank, which specialises in transport finance, today announces that Stephan Sayre will join DVB in London as the new head of the Deucalion Fund with effect from July 13th, 2006.
The Deucalion Funds invest equity in aircraft assets, airlines and aviation related interests and take participations in high yielding loans/bonds/asset backed securities and mezzanine financings. Deucalion is structured as an investment company with a team of advisors analysing opportunities in the aviation industry and managing investments made on its behalf. Deucalion is an integral part of the DVB Aviation business model and complements its advisory, arranging and lending businesses. The funds play an important role in supporting DVB's airline clients through the provision of equity solutions in their aircraft acquisition and divestment strategies.
Bertrand Grabowski, Member of the Board of Managing Directors of DVB Bank AG, said: "I am delighted that Stephan is joining our Aviation team of experts. With his great equity and debt structuring experience and expertise, he will lead our strategy to aggressively grow and diversify our equity investment business. The whole team at Deucalion is really looking forward to seeing him on board, bringing expertise throughout the capital structure. We will continue, within DVB Aviation to build our "One-Stop-Shop" concept for our airline, lessor and investor clients and will take more initiatives in the next coming months to strengthen our franchise."
Stephan joins DVB from RBC Capital Markets in London where he held the post of Managing Director, Global Debt Markets. With over fifteen years of experience in innovative asset financing, infrastructure finance and public private partnerships, at RBC he was primarily responsible for the origination and provision of advisory services and structured debt solutions in the transportation sector. Prior to joining RBC Capital Markets in 2000, he was Senior Vice President and Head of the Global Transportation Group at Greenwich NatWest and specifically responsible for the development of the firm´s global investment banking business to that sector. He has been responsible for and involved in a very diverse range of equity, debt capital markets, advisory, asset backed and project, acquisition and structured financing assignments throughout the world.
Note to Editors:
DVB Bank AG, based in Frankfurt/Main, is an international advisory bank and finance house that specialises in the global transport market. DVB offers integrated financing solutions and advisory services in respect of Shipping, Aviation, Land Transport, and Transport Infrastructure. The Bank operates out of offices in Frankfurt/Main, Hamburg, London, New York, Rotterdam, Hong Kong, Singapore, Tokyo, Bergen, Piraeus, and Curaçao. DVB Bank AG is listed on the Frankfurt Stock Exchange (ISIN: DE 0008045501).
Contact:
Prof. Dr. Borislav Bjelicic, Phone +49 69 97504 - 390, Fax +49 69 97504 - 333, DVB Bank Aktiengesellschaft, Corporate Communications, Friedrich-Ebert-Anlage 2-14, 60325 Frankfurt/Main, Germany, borislav.bjelicic@dvbbank.com, www.dvbbank.com
The Deucalion Funds invest equity in aircraft assets, airlines and aviation related interests and take participations in high yielding loans/bonds/asset backed securities and mezzanine financings. Deucalion is structured as an investment company with a team of advisors analysing opportunities in the aviation industry and managing investments made on its behalf. Deucalion is an integral part of the DVB Aviation business model and complements its advisory, arranging and lending businesses. The funds play an important role in supporting DVB's airline clients through the provision of equity solutions in their aircraft acquisition and divestment strategies.
Bertrand Grabowski, Member of the Board of Managing Directors of DVB Bank AG, said: "I am delighted that Stephan is joining our Aviation team of experts. With his great equity and debt structuring experience and expertise, he will lead our strategy to aggressively grow and diversify our equity investment business. The whole team at Deucalion is really looking forward to seeing him on board, bringing expertise throughout the capital structure. We will continue, within DVB Aviation to build our "One-Stop-Shop" concept for our airline, lessor and investor clients and will take more initiatives in the next coming months to strengthen our franchise."
Stephan joins DVB from RBC Capital Markets in London where he held the post of Managing Director, Global Debt Markets. With over fifteen years of experience in innovative asset financing, infrastructure finance and public private partnerships, at RBC he was primarily responsible for the origination and provision of advisory services and structured debt solutions in the transportation sector. Prior to joining RBC Capital Markets in 2000, he was Senior Vice President and Head of the Global Transportation Group at Greenwich NatWest and specifically responsible for the development of the firm´s global investment banking business to that sector. He has been responsible for and involved in a very diverse range of equity, debt capital markets, advisory, asset backed and project, acquisition and structured financing assignments throughout the world.
Note to Editors:
DVB Bank AG, based in Frankfurt/Main, is an international advisory bank and finance house that specialises in the global transport market. DVB offers integrated financing solutions and advisory services in respect of Shipping, Aviation, Land Transport, and Transport Infrastructure. The Bank operates out of offices in Frankfurt/Main, Hamburg, London, New York, Rotterdam, Hong Kong, Singapore, Tokyo, Bergen, Piraeus, and Curaçao. DVB Bank AG is listed on the Frankfurt Stock Exchange (ISIN: DE 0008045501).
Contact:
Prof. Dr. Borislav Bjelicic, Phone +49 69 97504 - 390, Fax +49 69 97504 - 333, DVB Bank Aktiengesellschaft, Corporate Communications, Friedrich-Ebert-Anlage 2-14, 60325 Frankfurt/Main, Germany, borislav.bjelicic@dvbbank.com, www.dvbbank.com