L1 Treasury and Airborne Capital commit US$250m to launch of AltitudeOne Aviation

  • AltitudeOne Aviation Ltd (“AltitudeOne Aviation”) is a venture launched by LetterOne Treasury Services SA (“L1 Treasury”) and Airborne Capital Limited (“Airborne Capital”)

  • AltitudeOne Aviation will invest in a diversified portfolio of in-production narrow body and wide body commercial aircraft leased to airlines across the world

  • L1 Treasury  manages the liquidity and financial investments of LetterOne Group (“LetterOne”), an international investment business with net assets in excess of US$25bn

  • Airborne Capital is a specialist aircraft leasing and asset management business with offices in Dublin and London

  • Airborne Capital has a highly experienced management team with over 100 years of combined experience in aviation

    Press release (.pdf)

Natixis Investment Managers acquires stake in Airborne Capital

Natixis Investment Managers, one of the world’s largest asset management firms and the asset
management arm of French bank Group BPCE, has acquired a minority stake in specialist aircraft
lease and asset management firm Airborne Capital. The stake was acquired for an undisclosed sum from the existing shareholders, comprising Airborne’s founding management team and FEXCO, Ireland’s largest privately owned financial services company.

The deal provides Airborne with access to a worldwide asset management platform which will help to accelerate its plans to grow the business to have aircraft assets under management of over $5bn within the first 5 years of operations. The transaction enables Natixis Investment Managers to continue to expand its expertise in alternative investments, specifically real assets.

Press release (.pdf)