Dubai’s DAE Capital sets up dedicated asset management unit - The National:
"DAE Capital, the leasing arm of Dubai Aerospace Enterprise (DAE), has formed an asset management unit that will seek to build a US$5 billion portfolio of assetsin the coming years, the company said on Tuesday. DAE Aircraft Investor Services (DAE-AIS) will include in its remit the two aircraft portfolios that DAE already manages – Falcon Aerospace and Diamond Head, the latter of which was acquired as part of DAE’s acquisition of Dublin-based lessor Awas last August. The two portfolios have combined assets under management of $850 million."
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