Seabury sells controlling interest in SGI Aviation to FinTech
Seabury Capital announced that the board of directors of FinTech Global Incorporated, a Tokyo-listed boutique investment bank, resolved at a meeting on November 27, 2017, that consolidated subsidiary FinTech Global Trading Incorporated will establish SGI Investment LLC and through this limited liability company will acquire a 51% voting interest and 44.1% economic interest in SGI-Group B.V., the holding company for SGI Aviation Services B.V., to pursue joint opportunities in the aircraft financing and aircraft asset management businesses. The transaction is expected to close by the end of 2017.
“We are delighted to see FGI’s strategic investment in SGI Aviation, and together with FGI, we are committed to supporting further expansion of its worldwide operations,” Seabury Capital Chairman, President, and CEO John E. Luth said in an official statement. “Our global alliance with FGI will also enhance Seabury Capital’s access to Japanese banks, institutional investors and Japanese firms seeking to make investments in aerospace, aviation, hospitality, logistics, foreign exchange, international trade financial instruments, and other asset-backed structured products sourced by Seabury Capital’s global platform.”
Hideyuki Yamanaka, FinTech Global Incorporated Senior Executive Officer and Member of the Board added that SGI Aviation is the preeminent independent aircraft asset management and technical advisory group with a strong track record and reputation for impeccable and reliable service to the global market of lessors and banks, with over 100 such clients around the world, and FinTech Global “foresee the bright future for SGI Aviation and we expect the company to be a cornerstone of our future aviation business.”
According to SGI Aviation Chief Executive Officer Paolo Lironi, this planned investment “further validates our market-leading position in aircraft asset management services; strengthens our technical services offering; provides an excellent opportunity to better connect to Japanese investors, and positions us for future growth of our global customer footprint.”
FinTech Global Incorporated is a Tokyo-listed boutique investment bank which provides investment banking services, mainly financial arrangements and asset investment activities, and corporate investment activities as a boutique-style investment bank specializing in structured finance.
SGI Aviation Services B.V. is an independent advisor to the aviation industry, providing aircraft and engine asset management and all affiliated technical consulting and advisory services. Its service offering covers the entire lifecycle of an aviation asset, as well as related regulatory, operational and IT needs. Headquartered in Amsterdam, the Netherlands, SGI aviation has offices in New York, Guernsey, and Singapore. SGI Aviation is a Seabury Capital company.
Seabury Capital LLC operates a number of specialty finance, investment banking, technology and software companies with a core focus anchored in aviation, aerospace and defense, maritime, and financial services/technology. Since its founding in 1996, Seabury Capital has historically been the investment holding company of its founder, John E. Luth, operating as a venture capital firm with ownership stakes in software and asset management businesses servicing the aviation and travel industries. Within the last few years, Seabury Capital has expanded its portfolio by investing in early-stage startup companies within the financial technology industry and structured investment products. In addition, Seabury Capital owns and operates FINRA regulated investment banking services firms in the US and UK serving external clients as well as assisting the companies in which Seabury Capital has invested. Seabury Capital has operations in New York, Jersey City, Summit, Los Angeles, Minneapolis, Stamford, Amsterdam, Berlin, Cordoba, Dublin, Durban, Hong Kong, London, Manila, Singapore, and Tokyo.
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