AWAS' shareholder is Carmel Capital Sàrl (“Carmel Capital”), a Luxembourg Société à Responsabilité Limitée, which is owned by investment funds managed by Terra Firma Investments (GP) 2 Limited and, Terra Firma Investments (GP) 3 Limited, and by Canada Pension Plan Investment Board (“CPPIB”). Further details of the shareholders are included in the Annual report for AWAS.
Terra Firma Capital Partners (London, UK), a leading global private equity firm, is the majority shareholder of AWAS. Terra Firma purchased AWAS in March 2006, and combined AWAS with Pegasus Aircraft Finance Company in June 2007, at the time creating the world’s third-largest aircraft lessor by assets under management. Terra Firma specialises in buy-outs of large, asset-rich and complex businesses, and creates values for those businesses and its investors by delivering improved strategy, operations and management. Since being set up in 1994, Terra Firma has invested over €14 billion of equity in 31 businesses with an aggregate enterprise value of €45 billion.
Find out more about Terra Firma at: www.terrafirma.com
CPPIB (Canada Pension Plan Investment Board) Toronto, CA, is a significant minority shareholder in AWAS. CPPIB is a professional investment management organisation that invests the funds not needed by the Canada Pension Plan to pay current benefits on behalf of 19 million Canadian contributors and beneficiaries. CPPIB invests in public equities, private equities, real estate, infrastructure and fixed income instruments with at current over $300 billion of assets under management.
Find out more about CPPIB at: www.cppib.ca