Amedeo completes management buyout of majority investor

Amedeo, an asset manager and a principal investor focused on widebody aircraft leasing, has completed a management buyout of its majority shareholder Pine Brook, a private investment firm focused on building businesses in the energy and financial services sectors. Financial terms of the private transaction were not disclosed. Amedeo’s four-year partnership with Pine Brook saw significant growth in the business, with assets under management growing from US$1bn to US$5bn. During that period, the Company established Amedeo Air Four Plus (AA4P), a London Stock Exchange listed company with a market capitalisation of approximately GB£675m. AA4P is a transparent, income generative and diversified investment company backed by UK institutional investors. Amedeo arranges acquisition and disposal of aircraft for AA4P and provides asset management services.