Bryan Moss, the former president and vice chairman of Gulfstream, has joined private investment firm Guggenheim Partners as the chairman of its recently restructured business aircraft investment division. The company, which manages more than $80 billion in assets, provides investment management, investment banking and capital market services among other offerings to corporations, governments and individuals. The firm had previously managed a corporate aircraft lending business in partnership with UBS, but it was mutually dissolved during the financial downturn.
Guggenheim re-entered the business aircraft finance arena in January, focused exclusively on asset-based loans, according to Jim Crowley, managing director of the company’s corporate aviation group. Since the beginning of the year, the company has closed several transactions mainly among the larger, newer jets and has established what Crowley described as a fairly robust business pipeline.
In addition to providing financing for domestic transactions, the company, which has main offices in New York and Chicago, sees itself as an aircraft financing source for emerging markets such as Asia, the Middle East and Eastern Europe and expects to branch into the lending business in Latin America soon. Toward that end Moss’s involvement could prove useful. Apart from his extensive leadership experience in the corporate aircraft industry, he has also served in several international trade groups, including the U.S.-China Business Council.