Perella Weinberg Partners affiliate invests in Lobo Leasing

An affiliate of Perella Weinberg Partners, a fund manager and corporate advisory firm, has invested in Lobo Leasing a new helicopter operating leasing company.

Lobo will focus on helicopters acquiring them through sale and leasebacks with operators. The company’s headquarters are in Austin, Texas but it will source deals all over the world.

“This joint venture pairs Perella Weinberg Partners’ Asset Based Value strategy’s institutional strength and relationships with the management team’s market presence and industry expertise to serve the capital intensive helicopter market,” said Bill Wolf, president and CEO of Lobo Leasing stated. “We are pleased to establish this business relationship with such an impressive and experienced team of investment professionals.”

Lobo’s team includes: Howard Wolf, senior chairman, a former partner at Fulbright & Jaworski who specialised in aviation law; Bill Wolf, a former banker at Goldman Sachs, HSBC and Credit Suisse who recently launched Wolf Partners a private equity firm that invests in energy, aviation, and investment management; Bruce Mauldin, executive vice president and chief operating officer, who held senior military aviation roles in the US Army as well as being CEO of Texas Air; and John Contas, executive vice president and CFO, and the founder of finance broker Aerius Aviation Capital Partner and former banker at US West Capital, Bank of America, Bank of New England and Wentworth Capital (now Wells Fargo Equipment Finance).