Castlelake L.P., a global alternative investment manager specializing in asset-based investing with nearly 20 years of experience in aircraft investing, leasing and servicing, today announced it has entered into a sale-purchase agreement with Avolon, a leading global aviation finance company, for the sale of a $5 billion, 118-aircraft portfolio held by Castlelake Aviation Limited.
Castlelake established CA Ltd. in 2021 to finance modern, fuel-efficient aircraft. The entity's portfolio grew to over $5 billion of asset value in the three years since its inception and consists of some of the most in-demand narrowbody, widebody and regional jet aircraft types. The sale of the portfolio simultaneously contributes to Castlelake's goal of delivering attractive risk-adjusted returns to its investors and provides Avolon with a fleet of high-quality aircraft assets.
Castlelake has been a strategic partner and active capital provider to aviation asset owners and lessees since its inception in 2005, having invested over $21 billion in aviation opportunities, acquired more than 650 aircraft and developed relationships with approximately 200 airlines. Its aviation platform includes in-house specialized teams that are dedicated to maximizing value at each stage of investing, financing, managing and trading aviation assets.
