NEW YORK – May 19, 2014 – Seabury has partnered with Patrick Henry Dowling to focus on the Aerospace & Defense industries as it continues to deliver value to its Aviation and A&D clients across multiple business functions. Mr. Dowling has 38 years’ experience in the finance industry, and is currently a partner with Massif Partners.
John E. Luth, Chairman & Chief Executive Officer, commenting on Mr. Dowling being appointed to this role, said: “In joining Seabury’s Board of Advisors, Pat joins a distinguished group that includes Douglas Steenland, formerly CEO of Northwest Airlines and David Turnbull, former CEO of the Swire Group and Cathay Pacific Airlines. I look forward to Pat’s contributions and insight to enable Seabury Capital to better serve our merchant banking clients in Aerospace & Defense and as well as our other Transportation businesses”.
Chris E. Kubasik, President & Chief Operating Officer, commenting on Mr. Dowling’s appointment said: “Pat’s extensive background in Aerospace & Defense and other Transportation industries will help expand Seabury’s global value add to our clients in our merchant banking business”.
Previously, Mr. Dowling was a Senior Managing Director & Group Head of Aerospace & Defense at Tygris Commercial Finance Group where he also was a corporate officer and founder. Before Tygris, he was Managing Director & General Manager of CIT Leveraged Finance Transportation where he was responsible for providing global solutions to manufacturers, suppliers and service providers seeking debt, leasing and structured financings. Mr. Dowling also served as a member of CIT’s Management Committee. He was previously Managing Director & Industry Leader – Aerospace & Defense for GE Commercial Finance. Mr. Dowling had a 22-year career at GE Capital, serving in various management and leadership positions including Managing Director for GE Equity and Managing Director for GE Corporate Finance.
During his career, Mr. Dowling has been involved in over $15 billion in acquisitions, equity investments and debt financings in the Financial Services, Transportation (Aerospace & Defense, Trucking, Logistics, Rail, Intermodal and Marine), and Commercial Real Estate industries. He successfully launched CIT Aerospace & Defense Commercial and Industrial Finance business de novo with approximately $2.5 billion in commitments and a managed portfolio of approximately $750 million. Mr. Dowling originated and managed a portfolio approximately $430 million of minority equity investments at GE Equity with approximately $79 million in pre-tax capital gains and dividends.
Mr. Dowling is a member of the board of directors for the U.S. Chamber of Commerce Foundation and Chairman of the Miss Kate Foundation, and was formally on the board of directors for the Institute for Defense & Business Foundation and Penske Truck Leasing. Mr. Dowling is a certified public accountant and holds a BS in accounting from Fordham University plus a JD from Pace University School of Law.
Mr. Dowling said: “I look forward to working with John, Chris, Doug, David and the entire Seabury Capital executive team in growing Seabury’s global Aerospace and Defense merchant banking business as well as its other global merchant banking Transportation businesses”.
Mr. Dowling can be reached at firstname.lastname@example.org.
ABOUT SEABURY GROUP
Seabury Capital is a leading global advisory and professional services firm that delivers diversified and responsive business solutions to clients in Aviation, Aerospace & Defense, Transportation and related industries. Since 1995, Seabury has partnered with more than 300 clients on 1000+ engagements to solve their most complex challenges through an integrated approach to consulting, investment banking, asset management and information technology. Our more than 250 professionals worldwide are top-tier bankers, consultants, technology experts and former executives who share a passion for delivering innovative and intuitive solutions geared toward our clients’ diverse and emerging needs. Headquartered in New York, Seabury and its subsidiaries are based in 14 countries on five continents. www.seaburygroup.com