5 February 2024, Singapore – It is with deep sadness that Transport Capital announces the passing of our dear colleague and friend, Oliver Faak.

Oliver has been a key partner and member of the team since he joined in November 2018 to lead the company’s Western Hemisphere activities, based out of the Hamburg office. This followed a highly distinguished career spanning over 25 years at the pinnacle of transportation finance, with leading roles at key German banking institutions: Norddeutsche Landesbank, DekaBank, HSH Nordbank and Dresdner Bank.

Oliver passed away suddenly and unexpectedly from a cardiac arrest in the night of 1^st February 2024. Oliver was 58 and he is survived by his wife Britta and two daughters, Leonie and Josefin.

His passing is a tremendous loss on both a personal and professional level. He will be missed by many, including us at Transport Capital. We will especially remember his humor, generosity of time and spirit and the highest dedication to excellence in all he set out to do.

Philip Clausius, Founder & Managing Partner, commented: “Oliver’s much too early passing is a shock. Since he has joined us over 5 years ago he has become a dear friend, in addition to the first class professional I knew he was before he joined. I will be forever grateful for the meaningful contributions he made in helping build our company. My heart goes out to his wife and two daughters, whose pain is a multitude of ours.”

The family is asking to respect their privacy at this trying time. A further announcement will be made when the funeral arrangements are confirmed.