– Castlelake announced the final closing of Castlelake Aviation V Stable Yield L.P., raising over $2 billion in capital commitments.
– The fund attracted investments from a diverse group of global institutions, including pensions, sovereign wealth funds, and endowments.
– The closing marks Castlelake’s fifth and largest dedicated aviation fund.
– The Fund aims to deliver attractive, risk-adjusted returns by creating exposure to high-quality, cash-flowing aviation assets and secured aviation debt.
– Castlelake has over 20 years of experience in aviation and asset-based private market investments.
– Since 2005, Castlelake has invested over $21 billion in aviation opportunities.
– Evan Carruthers, Chief Executive Officer and Chief Investment Officer: “We are grateful for our investors’ support of Castlelake Aviation V and the aviation expertise that Castlelake has developed over 20 years of innovating in the sector.”
– Recent activities include the issuance of its 9th aircraft asset-backed securitization and financing deals with Abra, Virgin Atlantic Airways, and other aviation assets.
– Castlelake’s aviation platform offers expertise in capital markets and technical asset management, acting as a holistic partner to industry participants.