CHICAGO, July 21 /PRNewswire/ -- Guggenheim aero Finance Company, LLC (GaFCo) announced today the expansion of its capabilities with new hire and Managing Director Jim Crowley. A member of GaFCo's executive committee, Crowley will focus on building a global recourse product line to complement the firm's non-recourse offerings. GaFCo provides innovative financing solutions to individuals and corporations throughout the world purchasing new and pre-owned corporate jets. "We are very pleased to have Jim joining the GaFCo team," said Bob Peart, GaFCo Managing Director. "He brings a wealth of talent and experience within the recourse finance space, an area of the business that we look forward to building. Crowley commented, "I'm pleased to team up with an organization such as Guggenheim that is so committed to innovation and client-based solutions, as I believe that approach is exactly what is needed to succeed in recourse finance." Prior to joining GaFCo, Crowley spent nine years at Key Equipment Finance, a wholly owned subsidiary of Key Bank. During the last five years of that tenure, Jim was the Director of KEFs Business Aviation Finance unit. Crowley will be working out of Guggenheim's office in Darien Connecticut. Guggenheim aero Finance Company, LLC (GaFCo) was formed through a venture between subsidiaries of Guggenheim Partners, LLC and UBS AG. Additional information can be found at: http://www.guggenheimaerofinance.com.
SOURCE Guggenheim Partners