Turning Rock Partners Monetizes Asset Portfolio
Turning Rock is pleased to announce the successful conclusion of an asset-backed financing tied to a diversified portfolio of Airbus, Bell, Leonardo and Sikorsky helicopters. "The portfolio provided stable lease income from a wide variety of quality counterparties and benefitted from strong collateral value," said Turning Rock Chief Operating Officer
The portfolio of helicopters will continue to be managed by SMFLH.
"This transaction underscores the strength of our partnership with TRP, which shares our conviction in the value and resilience of critical transportation assets," said RIVE Private Investment Partner
About Turning Rock Partners:
Turning Rock Partners (TRP) structures bespoke financing solutions for companies across the private market landscape. For more information, please visit Turning Rock Partners' website: www.turningrockpartners.com. For Turning Rock investor relations, please contact [email protected].
About RIVE Private Investment:
RIVE Private Investment is an independent European investment firm specialized in transportation assets and energy transition. Founded in 2013, RIVE currently manages over €1 billion and has completed more than 100 transactions. The RIVE team comprises 28 professionals based in
About SMFL Helicopters:
SMFL Helicopters (SMFLH), part of the Sumitomo Mitsui Finance and Leasing (SMFL) group, is a premier global helicopter lessor built for long-term partnerships. Backed by an experienced team, global reach and innovative finance and leasing solutions, SMFLH delivers the scale, flexibility and financial strength operators and end users demand. SMFLH is headquartered in Dublin, Ireland and has a fleet of almost 300 aircraft in service and on order, on lifesaving, mission-critical operations including emergency medical services, search and rescue, and offshore energy. www.smflh.aero
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SOURCE Turning Rock Partners
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