Partners

        

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Robert G Fessler

Bobby Fessler was the founder and former Chairman of The Ages Group, Boca Raton FL . He has been semi-retired since 1999 when AGES was acquired by Volvo Aero. Bobby is a shareholder of Magellan Aviation Group LLLP and one of the Founding Partners of Cloud Investment Partners LLLP . Bobby has been and continues to be an avid Investor in aviation and real estate transactions.

Declan Treacy

Declan Treacy has spent the last 25 years in various roles in the aviation industry. Starting with Guinness Peat Aviation’s treasury department in 1988 Declan spent five years as head of GPA’s corporate finance division. During his tenure in GPA Declan served as a board member of America West Airlines and The Ages Group. Declan moved in 1997 to Magellan Air where he was a founding partner. Upon the completion of the sale of Magellan Air to the TAT Group in 2007 Declan continued as a non-executive director of several Irish aircraft leasing companies associated with DVB Bank, CALYON, TAT Group, Magellan Group and others. Declan is one of the founding partners of Cloud Investment Partners LLLP and an investor / lender in numerous aviation related businesses.

David Weiss

David Weiss has spent the last 15+ years in various roles both in and outside the aviation industry. Starting with Aviation Systems International (ASI) for 7 yrs, He went to start up Aero Technologies which evolved into the Aero Maintenance Group of companies (AMG) which was then sold to Air France. In 2007 David joined DoveBid for 3 years, one of the largest Industrial Auction Disposition firms in the world. After the completed sale of DoveBid, David left in 2010 with founding partners to join Heritage Global Partners. In the last six years David has been extremely active in the aviation bankruptcy area as well as serving some of the largest aviation manufacturers like Boeing, UTC, and Lockheed Martin. He has been engaged by the US Bankruptcy Court to sell AeroThrust, Aveos Fleet Performance and (LTQ) Lufthansa-Qantas a JV Engine shop in Australia. He has also been engaged by some of the largest Bank holding companies like PNC, GMAC, Morgan Stanley, Wells Fargo and others to manage the sales of EOS Airlines (757 Operator), OASIS Hong Kong Airlines (747-400 Operator) and Adam Aircraft (OEM for VLJ Aircraft). David is a licensed Business / Real Estate Broker, Auctioneer and a partner of Cloud Investment Partners LLLP.

Peter Zutty

Peter Zutty started his aviation career in 1977 working for Island helicopters a diversified fleet of 30 helicopters. He has worked in several executive positions primarily in the financial and leasing areas in the aftermarket commercial aviation industry. Peter was the CFO of the AGES Group from 1985-1997 an aftermarket spares company with a turnover in excess of $400M per annum.  Peter subsequently served as President of Volvo Aero Leasing from 1997-2001, and the EVP of Capital Markets at Magellan Group from 2001-2013.

John Costello

John Costello has been in the aviation industry  for over 50 years. He joined Aer Lingus in 1964  as an engineering apprentice. In 1969, he attained city and guilds in Aeronautical Engineering . He went on to attain A&P licenses plus JT3D, JT8D, JT9D, and RR SPEY in the  1970s.  From that point, John was an engine shop foreman, powerplant and test. In the 1980s , he transferred to Airmotive Ireland  where he was a manager engine  test/ accessories . From 1986, John was a salesman – SNR VP Sales/ Marketing at AGES Group, which became Volvo Aero which in turn became VAS Aero Services. Since 2011, he has retired and is a partner at Cloud Investment Partners  LLLP.

CLOUD ADVISORS

(In addition to the above partners)

Jack Campbell

Jack brings an extensive record of transportation, infrastructure, and related asset financings to the Cloud Investment Partners and its clients. Over his career, he has arranged and structured over $10billion of financings in aviation, rail, marine, and related asset-intensive markets.  Jack headed the transportation & infrastructure finance groups at several major investment and asset management firms including: HSH Nordbank, Deutsche Post Group, Credit Suisse, Hypo/Depfa and most recently Old Hill Partners.  He also spent over 10 years as an executive in the equipment leasing industry, with a similar focus on big ticket equipment leases and financings.

Jack has a B.A from Dartmouth College, and is based in the New York area.

Completed Deals

  • 2017

    Purchased and Leased

    RB211-535E4

    Co-Investor

    Cloud Investment Partners

  • 2017

    Sold

    137 Residential Units from Boca Raton Portfolio

    Principal Investor

    Cloud Investment Partners

  • 2017

    Auction Liquidation

    Online Auction for Expendable & Rotable Parts, Ground Support Equipment, Rolling Stock, Machine Shop, Office Equipment & More of PART located in Victorville, CA

    Facilitated by

    Cloud Investment Partners

  • 2016

    Sale and Leaseback

    5x B737-500

    Principal Investor

    Cloud Investment Partners

  • 2016

    Auction Liquidation

    Global Negotiated Sale and Online Auction Of Surplus Assets Excess to Future Manufacturing Needs Of Triumph Aerospace. Nashville, TN.

    Auction Partner

    Cloud Investment Partners

  • 2016

    Purchased for Partout

    CFM56-5C4

    Principal Investor

    Cloud Investment Partners

  • 2016

    Sold

    Embraer ERJ 170-100LR MSN 17000059

    Principal Investor

    Cloud Investment Partners

  • 2016

    Sold

    Essex House

    Principal Investor

    Cloud Investment Partners

  • 2016

    Purchased and Leased

    B767-300ER

    Purchased by

    Cloud Investment Partners

  • 2016

    Auction Liquidation

    AVSS Auction #1: Surplus to the Ongoing Needs of Major Aviation Manufacturing and Service Center Companies, including Flight Director

    Facilitated by

    Cloud Investment Partners

  • 2016

    Auction Liquidation

    Global Online Auction for Late Model Cisco Equipment from Affiniti Colorado LLC

    Facilitated by

    Cloud Investment Partners

  • 2016

    Sold

    Twin Otter DHC-6-300 MSN 593

    In Partnership with

    AMS LLC

  • 2015

    Sold

    2x PW2037M Engines

    In Partnership with

    SAF and Old Hill Partners LLC

  • 2015

    Sold

    A321-100 MSN 0599

    Principal Investor

    Member of Cloud Investment Partners

  • 2015

    Facility Closure

    Facility and Inventory Closeout Sale Sold all Inventory and FF&E

    Purchased and Sold by

    Cloud Investment Partners

  • 2015

    Acquisition Announcement

    B757-200

    In Partnership with

    SAF and Old Hill Partners LLC

  • 2015

    Auction Liquidation

    Avantair Piaggio P180 N150SL

    Engaged by Trustee to Facilitate

    The Sale

    Arranged by

    Cloud Investment Partners

  • 2014

    Purchased and Leased

    B737-3M8 QC

    Acquired by

    Cloud Investment Partners

  • 2014

    Financing

    Global Express Inventory

    Arranged by

    Old Hill Partners LLC

    Financed by

    Cloud Investment Partners

  • 2014

    Auction Liquidation

    Major Global Online Auction Featuring Thousands of World Class Assets from a CFM International, Pratt & Whitney Maintenance and Overhaul Facility

    Facilitated by

    Cloud Investment Partners

  • 2014

    Acquisition Announcement

    Dash 6 Twin Otter

    Purchased by

    Cloud Investment Partners

  • 2014

    Auction Liquidation

    Global Auction of 1,000+ SMT & Test Equipment Assets Surplus to Ongoing Operations of Nokia From its Masan Korea Facility

    Facilitated by

    Cloud Investment Partners

  • 2014

    Liquidation Announcement

    Avantair Piaggio P180 N105SL

    Engaged by Trustee to Facilitate

    The Sale

    Arranged by

    Cloud Investment Partners

  • 2014

    Auction Liquidation

    Avantair Piaggio P180 N153SL

    Engaged by Trustee to Facilitate

    The Sale

    Arranged by

    Cloud Investment Partners

  • 2014

    Auction Liquidation

    Sold all MRO Tooling and Equipment for John Holland Aviation Services Australia

    Facilitated by

    Cloud Investment Partners

  • 2014

    Liquidation Announcement

    Avantair Piaggio P180 N102SL

    Engaged by Trustee to Facilitate

    The Sale

    Arranged by

    Cloud Investment Partners

  • 2013

    Lease Announcement

    Embraer E170

    Purchased and Leased

    Aircraft owned by

    Cloud Investment Partners

  • 2013

    Acquisition Announcement

    Multiple Residential

    Apartment Building

    Acquired by

    Cloud Principal Investor

  • 2013

    Purchased and Sold

    Acquisition Announcement

    B737-300Q

    Arranged by

    Cloud Principal Investor

  • 2012

    Auction Liquidation

    Auction of FF&E & M&E

    Acquired by

    Many Buyers

    Facilitated by

    David Weiss

  • 2012

    Sold as Going Concern

    Acquired by

    Kallita Air

    Facilitated by

    David Weiss

  • 2012

    Acquisition Announcement

    PW4000 Series Engine Portfolio
    Bought and Sold

    Facilitated by

    Cloud principal Investment

  • 2012

    Auction Liquidation

    Hanger Maintenance MRO

    Acquired by

    Many Buyers

    Facilitated by

    David Weiss

  • 2012

    Stalking Horse Bid

    Sold as Going Concern
    Component Maintenance Center (CMC)

    Acquired by

    A.J. Walter

    Facilitated by

    David Weiss

  • 2013

    Sold as Going Concern

    Engine Maintenance Center(EMC)

    Acquired by

    Lockheed Martin/Kelly Av

    Facilitated by

    David Weiss

  • 2011

    Machinery Auction Announcement

    Liquidated complete Facility

    Acquired by

    Multiple Parties

    Facilitated by

    David Weiss

  • 2005

    Acquisition Announcement

    Walter AS,Czech Republic

    Acquired, Restructured and Sold

    To Private Equity Group

    Facilitated by

    member of Cloud Partners

  • 2007

    Liquidation Announcement

    Bought and Sold

    Facilitated by

    David Weiss

  • 2007

    Liquidation Announcement

    Acquired by

    Multiple Parties

    Facilitated by

    David Weiss

  • 2010

    Acquisition Announcement

    Acquired by

    Private Party

    Facilitated by

    David Weiss

  • 2012

    Acquisition Announcement

    2x B737-700
    Purchased for Part out

    Arranged by

    Cloud as Principal Investor

  • 2011

    Acquisition Announcement

    Airbus A320
    Purchased and Leased

    Arranged by

    Cloud as Principal Investor

  • 2011

    Acquisition Announcement

    2x B737-300
    Purchased and Leased

    Arranged by

    Cloud as Principal Investor

  • 1997

    Acquisition Announcement

    The Ages Group

    Sold to

    Volvo Aero

    Arranged by

    Members of Cloud Partners

  • 2012

    Acquisition Announcement

    CFM56-7B Purchased for Part out

    Arranged by

    Cloud as Principal Investor

  • 2007

    Acquisition Announcement

    Magellan Air Ltd

    Sold to

    Aircraft Leasing Company

    Arranged by

    Declan Treacy as Principal Investor

  • 2010

    Acquisition Announcement

    OEM Aircraft Parts Distributor

    Acquired by

    Magellan Aviation Group

    Arranged by

    David Weiss

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News from the Cloud

  • Bombardier confirms new Learjet 85 flight delay

    ​Bombardier will miss a sche

  • New document offers glimpse of DOD’s unmanned future

    A US Department of Defense pla

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