KGAL – leaders in closed aircraft funds
Aviation heads the FONDS professionell rankings – Closed aircraft funds managed by investment and asset manager KGAL were rated very highly in an analysis published by investor magazine FONDS professionell, in which they accounted for 10 of the 15 best-rated aircraft funds. The company was named in positions 1–8, 10 and 11, with a surplus per annum of up to 11.88%.
Investor magazine FONDS professionell analysed the performance of 720 closed funds after their liquidation, and KGAL funds showed a capital increase of up to around 124%. “We focus on active asset management, and on consistently and continuously exploring the market,” says Jochen Hörger, Managing Director of Aviation for KGAL Investment Management GmbH & Co. KG, explaining the company’s success. This method, coupled with the vast experience KGAL can draw on, is how the company is able to seize market opportunities swiftly, he explains. “Our first aircraft fund was launched way back in 1979,” Managing Director Hörger continues, adding that 7.9 billion euros has been invested into funds since then; specifically the following KGAL funds: Goal 22, 25, 27 and Skyclass 51, 53, 54, 55, 56, 57, 58.
Together with its subsidiary, GOAL German Operating Aircraft Leasing GmbH & Co. KG, KGAL launched a total of 32 operational funds between 2001 and 2013, with 53 aircraft for private investors. These included mutual funds as well as private placements. Since 2013, KGAL has concentrated on aircraft portfolio funds for institutional investors. The company is currently planning two new, very different fund concepts for this target group.
Sources: Efonds, as at 22.4.19, FONDS professionell 2/2019