Oliver Althoff joins Waypoint Leasing

Althoff moves from CIT Group to a senior finance position at the helicopter lessor.

Waypoint Leasing is an international helicopter leasing company.

Waypoint Leasing has appointed Oliver Althoff managing director of capital markets and treasury. He will take over the role on 11 November 2013 and will be responsible Waypoint’s debt financing strategy and managing Waypoint’s treasury.

Althoff formerly served as director of transportation lending at CIT Group, where he closed over $1.4 billion in cash-flow, asset-based and structured asset financings. Prior to joining CIT Group, Althoff spent two years at GE Capital in various corporate lending positions.

“Oliver’s insights and contributions will be instrumental as we continue growing Waypoint’s position as a leading provider of helicopter leasing and financing solutions globally,” says Ed Washecka, CEO of Waypoint.

Waypoint is headquartered in Limerick, Ireland, and has operations in Darien, Connecticut. The company launched with a four aircraft order from AgustaWestland in March 2013 and raised $375 million in equity from an investor group consisting of MSD Capital, Soros Fund Management and Cartesian Capital Group in June.