Gregg Hymowitz

DVB Bank’s Aviation Investment and Asset Management Business to Be Acquired by SVPGlobal and EnTrust Global

Retrieved on: 
Thursday, March 11, 2021

The Blue Sky Aviation strategy managed by EnTrust Global (EnTrust), a leading alternative asset management firm, and funds managed by Strategic Value Partners, LLC and its affiliates ("SVPGlobal"), a global investment firm, have today announced that they have entered into a definitive agreement to acquire the Aviation Investment and Asset Management business (the Business) from DVB Bank Group.

Key Points: 
  • The Blue Sky Aviation strategy managed by EnTrust Global (EnTrust), a leading alternative asset management firm, and funds managed by Strategic Value Partners, LLC and its affiliates ("SVPGlobal"), a global investment firm, have today announced that they have entered into a definitive agreement to acquire the Aviation Investment and Asset Management business (the Business) from DVB Bank Group.
  • The Business, one of the top 10 aviation service companies globally, will be acquired through a newly incorporated UK company, Deucalion Aviation Limited (Deucalion or the Company).
  • Senior members of the EnTrust Blue Sky Aviation and SVPGlobal teams have worked together on various transactions over the past 15 years.
  • Jon Skirrow said: We are delighted to be partnering with EnTrust and SVPGlobal, following many successful years with DVB Bank Group.

EnTrust Global Announces Completion of $2.1 Billion Fundraise for Blue Ocean Funds

Retrieved on: 
Wednesday, December 9, 2020

EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed a fundraising for its EnTrust Global Blue Ocean Funds for investment in the global maritime industry.

Key Points: 
  • EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed a fundraising for its EnTrust Global Blue Ocean Funds for investment in the global maritime industry.
  • The Blue Ocean Funds are part of EnTrust Globals private debt and real asset division.
  • To have raised $2.1 billion in a vertical as specific as the maritime industry speaks to our teams expertise and demonstrated success since the inception of the Blue Ocean Funds, said Gregg S. Hymowitz, Chairman and CEO of EnTrust Global.
  • EnTrust Global is a leading alternative asset management firm with $18.2 billion in total assets as of June 30, 2020.

EnTrust Global Completes Reacquisition of Legg Mason’s Interest

Retrieved on: 
Friday, July 31, 2020

EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed its return to an independent, private company after closing on the previously reported transaction with Franklin Resources, Inc. (NYSE: BEN), pursuant to which it reacquired the 65% interest that Legg Mason, Inc. (NYSE: LM) held in EnTrust.

Key Points: 
  • EnTrust Global (EnTrust), a leading alternative asset management firm, announced today that it has completed its return to an independent, private company after closing on the previously reported transaction with Franklin Resources, Inc. (NYSE: BEN), pursuant to which it reacquired the 65% interest that Legg Mason, Inc. (NYSE: LM) held in EnTrust.
  • EnTrust has also raised more than $400 million for its Blue Sky strategy, which launched in April for investment in the global aviation industry.
  • EnTrust Global is a leading alternative asset management firm with $18.2 billion in total assets* as of June 30, 2020.
  • EnTrust Global offers a diverse range of alternative investment opportunities across strategies, including private debt and real assets as well as core hedge funds and co-investments.