|AIG Commercial Asset Finance (AIGCAF) was organized in 2004 as AIG Commercial Equipment Finance. In 2011, the company changed its name to reflect the widening diversity of its product offerings which now includes secured and unsecured corporate, project finance and equipment finance opportunities to a variety of industries including utilities, manufacturing, transportation, healthcare and high tech companies located in the U.S., Canada and select international markets. In addition, AIGCAF offers select commercial real estate financing including credit tenant leases.
Dave Fate, AIGCAF’s executive vice president and COO says, “We are coordinating our origination efforts with AIG Asset Management Private Placements Group and we’ve shifted our origination efforts from non-investment to the investment grade credit space. AIGCAF now boasts a broader charter and our new name represents a closer alignment with that charter and market strategy. We are expanding the business to better serve both our existing and our potential clients with enhanced products and services.”
April 11, 2013 AIGCAF funds $65 million loan
October 15, 2012 AIGCAF Basin Electric Funding
September 14, 2012 AIG Announces Completion of the U.S. Department of the Treasury $20.7 Billion Offering of AIG Stock
April 16, 2012 AIGCAF funds $55 million equipment lease