It was a corporate coup d’état, and it was implemented with military precision. With little fuss or fanfare, Proventus Capital Partners, a Swedish investment giant led by the billionaire tycoon Robert Weil, simply seized control of a Dublin aircraft leasing business through the appointment of a share receiver. Montrose Global Aviation Leasing is a small player in a big industry, but still has a $100 million balance sheet and clients all over the world. However, in April, Proventus began the process of flooding the boards of its subsidiaries and restricting access of its owners to various bank accounts. Proventus was…

Want to continue reading?

Introductory offer: Sign up today and pay €200 for an annual membership, a saving of €50.

Subscribe

Cancel at any time.

Are you already a member? .