EnTrust Global and SVPGlobal and DVB: DVB Bank's Aviation Investment and Asset Management Business to Be Acquired by SVPGlobal and EnTrust Global
(1) 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 transaction is expected to close during the first half of 2021. The Business, one of the top 10 aviation service companies globally, will be acquired through a newly incorporated UK company,...