Automotive finco corp (afcc)
Automotive Finco Corp (“AFCC”) is a high growth specialty finance company focused exclusively on the auto retail sector.
Through its investment in Automotive Finance LP, the Company has exposure to a business providing long term, debt based acquisition financing to auto dealerships across the globe, with an initial focus on Canada.
In addition to its interest in Automotive Finance LP, AFCC may also pursue other direct investments and financing opportunities across the auto retail sector.
Board of Directors
Mr. Abasov is currently the managing director of Riverbed Holdings Limited. Previously, he was the President and CEO of Allana Potash Corp., a Canadian potash company focusing on the exploration and development of a previously explored Dallol potash property in the Danakil Depression, Ethiopia. He was also Executive Chairman of Rodinia Lithium Inc. Mr. Abasov has previously held various senior executive and director positions with leading domestic and international resource, energy and finance companies. Prior to Allana, Mr. Abasov served as Senior Vice President at Potash One; was Vice President, Portfolio Management and Vertical Integration for Uranium One; and was a member of Energy Metals Corporation's senior management team. He has spent 9 years in the capital markets and successfully raised approximately $100 million, principally for Allana, which was a successful junior resource company listed on the TSX. Mr. Abasov holds an MBA in Business and Finance from the International University of Japan.
Mr. Johansson has 15 years of capital markets and investing experience in a range of sectors including consumer, industrial and energy. He is a Partner of CAI Capital Management, a North American private equity firm specializing in buyouts, restructurings, acquisitions, recapitalizations and other corporate growth initiatives. Through his activities at CAI, Mr. Johansson is a director or board observer of a number of CAI's portfolio companies. Prior to joining CAI, Mr. Johansson was with RBC Capital Markets, in London, England and Calgary, Alberta. Mr. Johansson holds a Bachelor of Commerce degree from the Haskayne School of Business at the University of Calgary.
Mr. Ross has over 10 years of capital markets and investing experience spanning retail, industrial and energy sectors. He is the Owner and President of 1780350 Alberta Ltd. an investment management and consulting company and is a Co-Founder and Director of New Divide Energy Services. Prior to cofounding New Divide Energy Services, Mr. Ross was a principal at The Catalyst Capital Group Inc., one of Canada’s largest Distressed Debt Private Equity Firms. Mr. Ross has worked at a number of leading 81 investment banking firms including Morgan Stanley, National Bank Financial and Genuity Capital Markets. Mr. Ross is a Chartered Financial Analyst and is a graduate of the University of Alberta’s School of Business.