Date Time
Mitsubishi UFJ Lease & Finance establishes Australian joint venture with global financial services organisation Macquarie Group
Macquarie Group notes Mitsubishi UFJ Lease & Finance Company Limited’s (“the Company’s”) announcment it has signed an agreement to establish Vestone Capital, a joint venture engaged in leasing of information technology and energy assets, with leading global financial services organisation Macquarie Group (“Macquarie”) in Australia.
The joint venture is scheduled to be established in Australia in February 2021 after obtaining relevant regulatory approvals. It combines the asset finance expertise and knowledge of assets which the Company has gained on a global scale with Macquarie’s platform, networks and deep local knowledge to create an agile leasing business covering information technology and energy assets available to small, medium and large scale leasing clients. The newly branded Vestone Capital entity brings together the stre