Allco Financial Group was a fully integrated global financial services business, listed on the Australian Stock Exchange and head-quartered in Sydney, Australia. Major services provided are structured asset finance, funds management and debt and equity funding. Allco has over AUD$4.3billion in assets, and has financed over AU$60billion of transactions. In its most visible public transaction Allco was a part of Airline Partners Australia, the cons...
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Allco Financial Group was a fully integrated global financial services business, listed on the Australian Stock Exchange and head-quartered in Sydney, Australia. Major services provided are structured asset finance, funds management and debt and equity funding. Allco has over AUD$4.3billion in assets, and has financed over AU$60billion of transactions. In its most visible public transaction Allco was a part of Airline Partners Australia, the consortium that unsuccessfully attempted to buy Qantas. The company is now in liquidation, after previously being in administrative receivership, following difficulties in refinancing debt and a share price fall of 99% since the beginning of the subprime mortgage crisis.
Allco Financial Group was founded in 1979 by David Coe, a former partner of Sydney law firm Mallesons Stephens Jaques to originate and arrange structured finance transactions for aircraft, ships and rolling stock . Over the years, Allco has grown to provide funding for other...
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