DAE Capital launches third-party aviation asset management unit

DAE Capital, Dubai Aerospace Enterprise’s leasing division, has reported the creation of DAE Aircraft Investor Services (DAE-AIS), a separate unit dedicated to servicing the needs of debt and equity investors in aviation assets.
DAE-AIS will leverage DAE’s full service, global platform to provide bespoke asset management solutions to investors in aviation assets, provide investors a single point of contact dedicated to championing their interests within the wider DAE platform and ensure a best-in-class standard of care for investors’ assets. Commenting on the creation of DAE-AIS, Firoz Tarapore, Chief Executive Officer of DAE said: “DAE-AIS will provide a unique offering blending our full platform capabilities with a dedicated service unit led by industry veteran Dan Stone. Dan will be responsible for growing the assets under management of approximately US$850m to US$5bn to address the growing needs of investors in this sector.”