Panorama Aero Completes Acquisition of Cowen Aviation Finance Assets
Fort Lauderdale, FL (December 21, 2018) – Panorama Investments LLC (“Panorama Aero”) announced today the completion of the acquisition of the remaining assets of Cowen Aviation Finance, a subsidiary of Cowen Inc. The assets include a range of Pilatus PC-12/NG and Cessna Grand Caravan 208B turboprop aircraft on operating lease to support US government contractors. Cowen Aviation Finance was founded in 2016 and was led by Ms. Pari Olver Parchi as CEO and Board Member until early 2018, when she departed Cowen to formally establish Panorama Aero. The acquisition marks the formal establishment of Panorama Aero as an operating lessor in the special mission aerospace market with capacity to expand beyond financing capabilities.
“Panorama Aero was established with the belief that non-commercial specialized aerospace assets require financing and support solutions from those that understand the complexities innate in this market,” Panorama Aero CEO Ms. Pari Olver Parchi said in a statement.
“We are excited to complete the acquisition of Cowen Aviation Finance assets, which helps solidify our position in the special mission aerospace market under a focused management team. We believe there is substantial opportunity to grow the business and are keen to work with our industry partners to continue executing our vision.”
About Panorama Investments LLC
Panorama Investments LLC (Panorama Aero) was established in 2013 and currently owns a portfolio of non-commercial specialized turbo-prop aircraft on lease to US government contractors. Panorama Aero is a privately held Woman-Owned Small Business led by Pari Olver Parchi. She has nearly 20 years’ experience across a range of aerospace and private asset investments. Prior to founding Panorama Aero, Ms. Parchi held the role of CEO of Cowen Aviation Finance and founding partner of Triangle Aero. The Panorama Aero team has substantial experience investing across the aviation life cycle, particularly across turboprop, corporate and related aerospace investments.
Panorama Aero was advised by outside counsel, Roberts Moghul & Partners. Attorneys Glen W. Roberts II and Jessica Allen supported the Panorama Aero team in this transaction.
For further information about Panorama Aero, visit the company’s website at: www.panorama.aero
Contact
Jerry Frederick
Panorama Aero
Phone + 1.954.439.2721