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Guggenheim Aviation Partners Hires Frederic Pralus as New Senior Technical Director

Dépèche transmise le 8 avril 2009 par Business Wire

LONDON--(BUSINESS WIRE)--Guggenheim Aviation Partners Ltd. (GAP), a leading participant in the commercial aircraft leasing market, today announced the hiring of Frederic Pralus as its senior technical director.

In this role, Pralus will be responsible for overseeing all aircraft technical aspects of GAP and its affiliates including managing a growing portfolio of over 50 new and used Airbus and Boeing aircraft. Pralus will be based in GAP’s London office.

Prior to joining GAP, Pralus was most recently deputy CEO of Gabon Airlines, where he was in charge of all operational and technical aspects of the company. Before joining Gabon Airlines, he was the chief operating officer of Corse-Air, currently the second largest international airline in France, where he began his career in 1993 as maintenance planning manager for a growing fleet of B747s. From 2000 to 2002, Pralus served as technical director for the French airline Aerolyon. Pralus holds an “Ingenieur” diploma from Ecole Nationale de l’Aviation Civile in Toulouse, France.

“We are delighted to welcome Frederic to the GAP team,” said Paul Newrick, GAP’s managing director. “Frederic has a proven track record of results-driven leadership, and so I am confident that he will be a strong contributor as we continue our strategy of purchasing aircraft at attractive prices and effectively managing those assets. In particular, we are looking to Frederic to help us oversee our internal and external resources as we work through multiple parallel projects.”

About Guggenheim Aviation Partners Ltd. and Guggenheim Partners, LLC

Guggenheim Aviation Partners Ltd. supports its U.S. affiliate, Guggenheim Aviation Partners, LLC, a private equity manager, in the acquisition of new and used commercial aircraft for leasing to domestic and international passenger airlines and cargo operators. Guggenheim Aviation Partners, LLC’s first commercial aviation fund launched in 2005, and it closed a second fund in 2007 with total capital commitments of $737 million. Guggenheim Aviation Partners, LLC now has in excess of $2.7 billion of commercial aviation assets under management, representing a broad range of Boeing and Airbus aircraft on lease to airlines and cargo operators around the world. Guggenheim Aviation Partners, LLC is an affiliate of Guggenheim Partners, LLC.

Guggenheim Partners, LLC offers financial services expertise within its asset management, investment advisory, capital markets, institutional finance, and merchant banking business lines. Clients consist of an elite mix of individuals, family offices, endowments, foundations, insurance companies, pension plans and other institutions that together have entrusted the firm with supervision of more than $100 billion in assets. A global diversified financial services firm, Guggenheim Partners office locations include New York, Chicago, Los Angeles, Miami, Boston, Philadelphia, St. Louis, Houston, London, Dublin, Geneva, Hong Kong, Singapore, Mumbai and Dubai. Additional information can be found at www.guggenheimpartners.com.