Macquarie : strengthens ship financing business with appointment of Morten Arntzen

London, 19 May 2016

Macquarie Specialised Investment Solutions (MSIS) has appointed Morten Arntzen as Senior Shipping Industry Advisor to support the growth of its global ship financing business.

Morten brings over 24 years of experience in shipping and aircraft finance and 18 years of board and management experience in multiple shipping companies, across the crude, product, chemical, gas, dry bulk and cruise segments. Based in the United States but mandated to enhance Macquarie's offering globally, Morten will use his industry-leading expertise and his key relationships to help further expand MSIS's ship lending business and Export Credit Agency (ECA) offering.

Morten is currently the Executive Chairman of Team Tankers, one of the largest chemical tanker operators. He also serves on the Board of TSB Ocean Logistics, a dry bulk pool operator. Prior to this, he spent nine years as CEO and President of Overseas Shipholding Group (OSG).

Peter Lucas, Global Head of MSIS, commented: 'We have seen strong interest from clients and investors requiring tailored investment solutions for ship financing. Morten's experience is second to none and as we continue to grow our combined shipping and ECA offering, we look forward to deploying his expertise to our clients and investors worldwide.'

Morten is also a former Member of the Board of Directors of Royal Caribbean Cruises Limited (2008 - 2013), Essar Shipping Limited (2000 - 2004), Chicquita Brands International (2002 - 2008) and I.M. Skaugen SE (1998 - 2004). He built his career at Chase Manhattan Bank (and its predecessor institutions) across Europe and North America. He also spent seven years as President and CEO of American Marine Advisors (AMA), a leading shipping investment banking boutique. Morten is a graduate of the Columbia University School of International Affairs and Ohio Wesleyan University.

Contact
Lauren Gregory
Corporate Communications
Macquarie Group
Tel: +44 (0) 20 3037 2860
Email: lauren.gregory@macquarie.com

About Macquarie
Macquarie Group (Macquarie) is a global provider of banking, financial, advisory, investment and funds management services. Founded in 1969, Macquarie operates in 64 office locations in 28 countries and employs mothan 14,300 people. Assets under management total approximately £256 billion at 31 March 2016. For more information, visit www.macquarie.com.

About Macquarie Specialised Investment Solutions (MSIS)
MSIS is a division within Macquarie Asset Management, Macquarie Group's asset management business. MSIS arranges debt solutions across a number of sectors. It also manufactures and distributes a range of tailored investment solutions over funds and listed equities including fund-linked products, principal protected investments, a hedge fund incubation platform, agriculture investment solutions, infrastructure debt funds management and restructuring solutions. The division is recognised for product innovation, with a strong track record of delivering tailored solutions to the market.