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Infinity to finance mid-life aircraft
14 July 2011
New aircraft lessor Infinity Capital Aviation will acquire mid-life aircraft and provide mezzanine finance providing liquidity to an underserved market.
Read more:
Infinity Capital Aviation
mid-life aircraft
turboprops
mezzanine loans
Asse Based Value Fund
Perella Weinberg
Richard Baudouin
Jerrold Rosen
Khawer Ali
The newly-established aircraft leasing company, Infinity Capital Aviation, will focus on less liquid markets in order to achieve maximum returns. Infinity Capital Aviation will bid on middle-aged aircraft, turboprops, engines, as well as provide mezzanine loans.
The joint venture is composed of the Asset Based Value fund, Perella Weinberg's asset investment arm, and three individual partners, Richard Baudouin, Jerrold Rosen and Khawer Ali. Baudouin is a co-founder of Aviation Capital Group (ACG), while Rosen and Ali are both principals at KJ Aviation Services. The three men will manage and oversee operations as executives for the leasing company.
“The new aircraft sector is an interesting market, but we think it’s well served,” Ali says. “We’re taking a bit of a different approach than other leasing companies and we will be both a leasing and a finance company.”
Asset focusInfinity will focus on aircraft between five and 12 years of...
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