Rive Private Investment, LXA Leasing, volofin close financing for 107-asset portfolio

London-based aircraft and engine financier volofin Capital Management closed a 107-asset portfolio transaction. Acting as the sole lender and lead arranger, volofin facilitated the $50 million refinancing for European investment firm RIVE Private Investment, secured against a portfolio of 107 aircraft engines and auxiliary power units (APU) currently on short-term leases to a diversified group of lessees. “We have always financed complete aircraft and standalone engines and we’ve also financed landing gears, but we have not financed a portfolio of APUs,” said volofin Capital Management managing director Jan Bockelmann, speaking to Airline Economics. “So the collateral assets here are narrow-