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Rail News: Financials

Carr joins finance/leasing firm AllCapital as managing director

AllCapital (U.S.) L.L.C. recently named Colum Carr managing director of AllCapital Rail Management L.L.C., which provides finance and leasing services to the U.S. rail industry.

With more than 30 years’ experience in accounting and finance, Carr most recently served as managing director for AIG Financial Products. He previously served as group treasurer for Guinness Peat Aviation and senior vice president for GE Capital Aviation Services.

“Colum will bring his extensive knowledge of structured finance and asset-based financing to his position … [and] be a valuable asset to the team as we expand our presence in the rail industry,” said AllCapital (U.S.) Chief Executive Officer Stephen Daniel in a prepared statement.

A subsidiary of Australia’s Allco Finance Group, AllCapital provides financing and leasing services to the rail, energy infrastructure and real estate industries.

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More News from 5/22/2007