Aero Capital closes debut aircraft investment fund on $200m

2045

Aero Capital Solutions has hit a $200m final close for its first fund targeting investments in mid-life aircraft for leasing.

ACS said that alongside the fund it had closed on a $400m debt facility with a multinational investment bank, providing a total of about $600m of capital for deployment.

Adam Davidson, ACS’ executive vice president of business development, said, “We were pleased to see the strong demand for our first offering from such a sophisticated and diverse group of investors.

“Raising our first investment vehicle will allow us to continue building on our successful track record of acquiring and monetizing mid-life commercial aircraft.”

The vehicle was already about 50 per cent deployed at the start of the year thanks to investments in 21 commercial aircraft.

The current portfolio includes a mix of mid-life Boeing and Airbus aircraft, on lease to a diversified group of airlines throughout the world.

Jason Barany, firm CEO & CIO, added, “Although we continue to operate in a competitive market, our integrated platform and extensive in-house capabilities, enable ACS to continue to extract incremental value from midlife aircraft assets.”

ACS has deployed more than $1bn of capital into aircraft assets on behalf of institutions and family offices since it was founded in 2010.

The firm has offices in Texas, Dublin, Ireland, and Singapore.

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