Castlelake Raises Over $2 Billion of Capital Commitments for Aviation Strategies

Whats Happening:

Castlelake, a global alternative investment manager, has announced the final closing of its fifth aviation fund, Castlelake Aviation V Stable Yield L.P. The fund, along with related aviation strategy investment vehicles, accounts, and co-investments, has raised over $2 billion in capital commitments from a diverse group of global institutions including pensions, sovereign wealth funds, and endowments.

Key Moves:

• Castlelake closes its fifth and largest dedicated aviation fund

• Over $2 billion raised in capital commitments for aviation strategies

• Fund aims to deliver attractive risk-adjusted returns through aviation assets and secured aviation debt

By The Numbers:

• Castlelake has invested over $21 billion in aviation opportunities since 2005

• The fund manager oversees approximately $25 billion of assets

• Castlelake's team comprises more than 220 experienced professionals, including 80 investment professionals

Key Quotes:

• "We are grateful for our investor's support of Castlelake Aviation V and the aviation expertise that Castlelake has developed over 20 years of innovating in the sector," said Evan Carruthers, Chief Executive Officer and Chief Investment Officer of Castlelake.

• "In our view, the persistent and significant shortage of flexible alternative capital in the aviation sector combined with a chronic undersupply of aircraft is creating a durable opportunity set for Castlelake to deliver attractive and creative exposure to the Fund's investors."

Bottom Line:

Castlelake's successful raising of over $2 billion for its aviation strategies demonstrates strong investor confidence in the fund's expertise and the potential opportunities in the aviation sector. The fund's focus on high-quality, cash-flowing aviation assets and secured aviation debt positions it to capitalize on the current market conditions and deliver attractive risk-adjusted returns to investors.

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