Aero Capital Solutions has closed its debut aviation fund at $200 million. The fund’s investors include registered investment advisers and single and multi-family offices. In addition to the fund-closing, ACS has secured $400 million in debt funding from an unnamed investment bank. Vedder Price serves as legal counsel to ACS.
AUSTIN, TX, March 4th, 2019 — Aero Capital Solutions, Inc. (“ACS”), a leading mid-life aircraft leasing platform, announced the successful final closing on its first aviation investment vehicle with total aggregate equity commitments of $200 million. Investors include a broad group of sophisticated investors, registered investment advisers, and single and multi-family offices. In addition to the $200 million of equity, ACS closed on a $400 million debt facility with a multinational investment bank providing a total of approximately $600 million of capital for deployment.
Adam Davidson, ACS’ EVP of Business Development, commented, “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.”
As of its final close on December 31, 2018, the vehicle was approximately 50% deployed, comprised of 21 commercial aircraft. The current portfolio includes a mix of mid-life Boeing and Airbus aircraft. These aircraft are on lease to a diversified group of airlines throughout the world.
Jason Barany, ACS’ CEO & CIO, commented, “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.”
Vedder Price serves as legal counsel to ACS.
Aero Capital Solutions, Inc.
Aero Capital Solutions, Inc. (“ACS”) is a leading mid-life aircraft leasing platform. Since the firm’s inception in 2010, ACS has deployed in excess of $1 billion in aircraft assets for institutional investment partners and family offices. ACS believes there is a meaningful opportunity to acquire mid-life aircraft by focusing on opportunities that emphasize ACS’ “metal expertise” and active management approach to its investments. ACS has 40 employees and offices in Austin, TX, Dublin, Ireland, and Singapore.