15-Jan-2021 10:51 AM
Kennedy Lewis Investment Management and Arena launch new aircraft leasing platform
Kennedy Lewis Investment Management and Arena Aviation Capital entered (14-Jan-2021) a strategic partnership to launch a USD1.5 billion aircraft leasing platform, named KLA Aviation Finance. The platform will seek to acquire modern technology commercial aircraft assets leased to airlines globally, with a primary focus initially on young and new narrowbody aircraft. Kennedy Lewis has committed to provide equity financing to capitalise KLA. Arena will source transactions for the platform on an exclusive basis as well as provide a full suite of lease servicing and asset management services. [more - original PR]