Monroe Capital and AIP Capital have announced a venture where Monroe will seek to acquire a diversified aircraft leasing portfolio of up to $1 billion of investments, consisting of mid-life aircraft on long term lease to airlines globally. Monroe will provide the investment capital and has identified AIP to act as servicer of the assets.
Monroe has secured commitments from Deutsche Bank AG New York Branch and Fifth Third for an initial $500 million senior secured warehouse facility to support the acquisition of aviation assets.
“As the global commercial aircraft market continues to experience strong tailwinds, we are well-positioned to be able to provide the financing solutions necessary to allow airlines to efficiently manage their capital requirements,” said Aaron Levy, managing director, alternative credit solutions at Monroe.
This transaction is representative of Monroe’s Specialty Finance division within the alternative credit solutions group. The gro
