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info@cloudinvestmentpartners.com
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Our Team

David Weiss

Managing Partner

David Weiss brings over 25+ years in various roles within the aviation industry, focused on maximizing the value of aviation assets. In his early career, he started at Aviation Systems International where he spent 7 years in sales and sales management for this aircraft parts distribution company, as VP Sales growing the company to over $50 million in revenues prior to being sold to Bank One Equity and Carlisle Group. He then went on to serve as VP of Sales for the Aero Maintenance Group, a start-up repair shop and parts distribution company and eventually sold to Air France/KLM Group in 2005. He continued to Dovebid in 2007 which was the largest industrial auction firms in the world. In 2010 David joined the original founders of Dovebid to form Heritage Global Partners, which was active in auctioning and maximizing values of industrial equipment and facilities. Weiss is a licensed business broker and auctioneer and has an extensive record of assignments in the aviation sector, including engagements with financial institutions such as PNC, GMAC, Morgan Stanley, Wells Fargo, and others to manage the sale of EOS Airlines (757 operator), OASIS Hong Kong Airlines (747-400 operator), and Adam Aircraft (OEM for VLJ aircraft). He also worked with the US Bankruptcy Court to sell AeroThrust, Aveos Fleet Performance, Lufthansa Airmotive Ireland, and LTQ a Lufthansa-Quantas engine shop JV in Australia and IAeroThrust again. Weiss is a Managing Partner of Cloud Investment Partners.

Jack Campbell

Partner

Campbell is a 25+ year career veteran in transportation and infrastructure asset finance, arranging and structuring over $10 billion of financings in the aviation, rail, marine and other asset-intensive markets. In his early career with CIS Corporation he headed several of CIS’s equipment leasing businesses with a focus on transportation assets, ultimately serving as Executive Vice President. He went on to join Credit Suisse where he was a member of the Transportation, Logistics & Supply Chain Finance investment banking team in New York, focused on large structured supply chain finance programs with transportation and automotive clients. Following Credit Suisse, he completed over $5 billion of aviation financings while leading the transportation finance teams at: DeutschePost, HSH Nordbank , HypoRealEstate Group and Old Hill Partners. Campbell joined Cloud Advisors LLLP in 2016 which is the advisory and co-investment side of the business, to expand the firm’s asset management and consulting platforms.

Steve Bobal

Chief Financial Officer

An alumni of KPMG, Bobal spent the last 26 years in aviation working with The AGES Group/Volvo Aero (Engine and Aircraft Sales and Leasing, Parts Sales and Management Services), Aviation Systems International (Airframe and Engine Parts Distribution) and Aero Toy Store (Corporate Aircraft Sales, Financing, Interior Refurbishments, Charter and FBO Services). He was responsible for the integration of an acquired FBO in Montreal. Most recently, Bobal served as Chief Financial Officer of Willis Aeronautical Services (Engine Parts Distribution) where he was responsible for the transition of the accounting, finance & compliance functions from Southern California to Florida. In addition, he was responsible for the due diligence and integral in the successful acquisition of Willis Aeronautical Services (f/k/a JT Power) by WLFC in 2013.

Declan Treacy

Partner

Treacy brings over 25 years in years in various financial, senior management and investor roles in the aviation industry. Joining the industry with Guinness Peat Aviation where he joined treasury department in 1988 and headed corporate finance division. Further, went on to the AGES Group, an aircraft & engine leasing company and active supplier of aftermarket engine parts, he served on their Board of directors. AGES had $300 million in assets and $400 million in revenue prior to sale to Volvo Aero in 1997. After the AGES group, he co-founded Magellan Air in 1997, where he managed a portfolio of approximately 50 regional jet and turboprop aircraft on behalf of several third-party owners including British Airways and GPA.

 

Peter Zutty

Partner

Zutty is a 30+ year in aviation finance expert, initially working for Island Helicopters, a diversified fleet of 30 helicopters operating in the New York area. His career has also included senior executive positions in the financial and leasing areas of the aircraft, engine, and aftermarket parts companies. Following Island, he went to the AGES Group and served as CFO from 1984 to 1997. He also managed AGES’s fleet of 30 aircraft leased to regional airlines. In addition, he served on the Board of Directors of Aviation Lease Finance, the AGES Group’s $200 million engine leasing joint venture with Engine Lease Finance and Bank of Tokyo Mitsubishi Capital. He went on to become the President of Volvo Aero Leasing. After leaving Volvo, he served as Executive Vice President Capital Markets for the Magellan Group and managed a 5-year joint venture with Bombardier providing teardown services and parts sales for 20 CRJ aircraft. Magellan Group had approximately $200 million in assets and $150 million in revenue prior to it being partially sold to Marubeni Group. Zutty later went on to form Cloud Investment Partners LLLP in 2012.

Rob Fessler

Managing Partner

33 years of experience in Aviation, real estate and angel investing. Fessler started his career with The AGES Group in sales and marketing for North America and Europe. Spending time in the UK managing engine parts trading with customers throughout the region, Fessler returned to the US as a Director of Sales until the sale to Volvo in 1999. Rob then joined the team to privatize Czech engine manufacturer WALTER sro, in Prague and helped navigate the divestment process to real estate developers and an eventual MBO for the aviation company.Fessler co-founded Magellan Aviation Group in 2002 and as Executive Vice President helped grow the business from $ 2 million to $200 million in annual sales guiding sales, marketing and acquisitions for over 16 years. Rob helped shepard the company through its partial sale to Marubeni in 2012 and completion in 2017. In 2018, Rob established Worvan Partners with brother David and CFO Larry Grogan, a Family Office investing in commercial real estate in the southeast United States, aviation and alternative investments. In 2023 Rob has joined Cloud Investment Partners as a partner, representing Worvan Partners and family interests. Fessler holds a BA from Widener University and has an MBA in International Management from Purdue University.

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