AIP Capital aims to capitalize on leasing, investment and equity opportunities

The team’s previous aircraft investments totaled approximately $5 billion across 119 assets

MIAMI, DUBLIN AND STAMFORD, May 16, 2023 – AIP Capital (“AIP”), a new global aviation asset manager and investment company announces its official launch. AIP has entered into a servicing agreement with 777 Partners LLC (“777 Partners”), a diversified investment holding company based in Miami, Florida. AIP will be the exclusive asset manager for all commercial aircraft owned by 777 Partners, including their ~68 aircraft 737 MAX order with The Boeing Company.  AIP will also source aircraft financing for 777 Partners, and airlines in which it has an ownership stake, including, Flair Airlines and Bonza Airlines.

AIP will also originate new investment opportunities for 777 Partners, and other equity sponsors in the commercial aviation industry, including airline equity investments, operating and finance lease transactions, and structured credit investments. The AIP team has a successful track record of delivering outsized returns to investors, forming strong customer relationships, and a unique approach to investing in aviation. The AIP team's shared track record for aircraft investments totals ~$5 billion across 119 assets, with an additional ~$2.6 billion of capital deployed in investment grade, high-yield and distressed aviation credit.

Team of Aviation Experts

The team is comprised of 13 professionals across finance, technical, legal, and underwriting functions and is led by its two Managing Partners, Mathew Adamo and Jared Ailstock. Mr. Adamo and Mr. Ailstock have worked together in the industry for almost a decade and have over 30 years of combined structured finance and aviation investment experience.

Before founding AIP, Mr. Adamo served as Managing Director of Aviation Investing at Castlelake L.P. and Chief Investment Officer for Jackson Square Aviation. Mr. Ailstock was previously Managing Director and Head of Aviation – Business Development & Capital Markets at Castlelake L.P. and held positions in structured finance at both Goldman Sachs and Credit Suisse.

Unique Approach to Aviation Asset Management

AIP Capital was appointed to provide comprehensive asset management and financing services to 777 Partners for their MAX orderbook and to make new debt and equity investments in the commercial aviation industry.

"At AIP we pride ourselves on the relationships we’ve developed across airlines, lessors, OEMs, financial institutions and investors," says Mr. Ailstock. "We intend to leverage those relationships to help our investors, customers and stakeholders drive value in the aviation industry."

"Our primary approach to origination is to address the needs of our airline customers through creative and meaningful solutions.  We offer structuring creativity and flexibility, and do not rely solely on our cost of capital to create value,” adds Mr. Adamo.

AIP has established offices in Stamford, CT and Dublin, Ireland; two aviation finance centers that facilitate the recruitment of top talent and offer proximity to key stakeholders. The firm will also utilize 777 Partners' offices in New York, London, and Miami. AIP was advised on its formation by the law firms Gibson Dunn in the U.S. and McCann Fitzgerald in Ireland. PwC provided tax advice. JPMorgan Chase, Bank of Ireland, and HSBC provide banking and treasury services.