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Shareholders
First Leasing Bank is an affiliate of Ithmaar Bank who holds the largest single block of shares in the Bank. The remaining thirty three shareholders are comprised of leading individuals, companies, and capital management firms. First Leasing Bank also has a management agreement with Overland Capital Group who is also a shareholder.
Ithmaar Bank
Ithmaar Bank BSC is a Bahrain incorporated publicly traded investment bank regulated by the Central Bank of Bahrain. Ithmaar and its subsidiaries have US$2 billion under management and have established a proven track record of providing value added products that are structured in compliance with Islamic Shari'ah principles. The Ithmaar Group of companies develops and manages a range of investment funds that cater to the financing and investment needs of individuals and institutions through a network of offices located in the Middle East, Pakistan and Switzerland. The Group is involved in real estate financing development and acquisition with major developers in the Kingdom of Saudi Arabia, the US and Europe. The Ithmaar Group has also established a strong position in leasing, trade finance and equity investment. Ithmaar is a leader in the application of Islamic modes of financing and investment.
Overland Capital Group
Overland Capital Group, Inc. ("Overland") is a U.S.-based international investment company headquartered in Boston, Massachusetts. Overland provides investment products and financial services to domestic and international investors that wish to invest in U.S. real estate and equipment leasing. Overland was formed in October 2001, and is run by skilled and experienced professionals. Overland has already originated over US$1.5 billion worth of real estate, equipment leases and other assets for its clients and has invested almost US$500 million on behalf of those clients. The principals of Overland have also successfully managed the exit from over US$400 million worth of assets for its clients in the past five (5) years.
Overland operates four lines of business: real estate investment, real estate development, equipment leasing and asset management. Overland matches investors in the U.S., Europe and Middle East with real estate, equipment leasing and other investments in the U.S. Overland also designs new investment products for its clients and manages its clients' assets.
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