A Broad Selection of Tailored Financing

The Ernst Russ Group operates as a fully-integrated asset manager in all segments. This means that attractive projects in a wide range of asset classes are identified and evaluated. They can subsequently be presented to a suitable group of investors and customised financing can be structured. In the Alternative Investments segment we manage a wide variety of different products, some of which we would like to discuss in greater detail below.

Aircraft Funds

HCAM has taken over the business management of two Boeing 777-200 LR which are used for long-haul passenger flights. In addition to the fund management, HCAM also manages the assets with help from its partner of many years, BBAM, based in Dublin, Ireland. The lessee is Air Canada, Canada’s biggest airline, which emphasises the international nature of HCAM’s business. The competitiveness of the two aircraft has been enhanced through their successful modernisation by its partners.

Life Insurance Funds

To date, companies belonging to Ernst Russ Group currently manage 15 life insurance funds in which they have placed a total of 469 million euros of equity capital. The funds invest in traded endowment policies in Germany and the UK.

A life insurance fund invests in existing endowment policy contracts. The price paid is less than the current value of the policies, but more than the surrender value offered by the Life Office for a premature surrender.

As a result of the company’s direct involvement in the managing of the funds and the asset management of all life insurance portfolios through its own subsidiaries, Ernst Russ AG has gained extensive expertise in this segment.