Centrus European Rail Management (CERM)
Building on the long-established success and highly regarded competence of its team in the UK rail finance market, Centrus has recently established Centrus European Rail Management to address the continental European market.
The new business will offer players in the European rail market – operators, manufacturers and transport authorities – access to tailor-made long term funding solutions, together with the fleet and contract management capability which Centrus already deploys in its UK rail and other businesses. For funders interested in accessing this growing market, Centrus has demonstrable expertise, now reinforced by the recent addition to the team of Tim Jackson.
Tim was the founder and original leader of Angel Trains International (now renamed Alpha Trains), which he took from a concept on paper to a market-leading rail leasing business in Europe, with around € 2 billion of assets and a business model since much imitated by new entrants to a market which Tim imagined and created. Tim speaks French and German and has 25 years of experience in lending, leasing and asset management internationally.
As the business develops, Centrus will be looking to bring in-house its own multi-lingual technical capability, such that it becomes the trusted partner of both institutional funders and the end users of essential infrastructure equipment. Centrus recognises the symmetry between the funders’ desire for long-term and stable revenues and the operators’ need for the availability of modern and reliable equipment. Initially operating out of London, Centrus will develop its geographic presence in order to offer its clients the quality and proximity of service which are the hallmarks of Centrus’ business.