Earlier this year Arena Aviation Capital completed the acquisition of a seven-strong aircraft portfolio for a fund managed by Alterna Capital Partners. Arena continues to source, execute and manage aircraft transactions for investors, and is currently closing eight additional aircraft for a different fund.
Earle Goldin, Partner at Alterna Capital Partners says: “Arena has done an outstanding job in managing the portfolio acquisition and optimization of the assets. We look forward to seeing Arena grow its business and investing more capital in Arena sourced transactions.”
Patrick den Elzen, Arena Managing Director says: “We are proud that, in the past six months, we successfully closed on the first 7 aircraft portfolio and have been increasing our managed asset business. We are currently executing an 8 aircraft portfolio acquisition and management assignment. Now that Arena has proven success in finding attractive investment opportunities and in executing on such opportunities, we look forward to expanding our investor base and actively seek investment partners.
Investing in mid-life to older aircraft offers attractive risk-return parameters if done with the right partner. Arena has proven we can source transactions where industry knowledge, rather than lowest cost of capital, is the key to a successful deal - this is our defining competitive strength.”
Arena Aviation Capital is a full-service Aircraft Investment Management company focusing on acquiring and leasing mid- life and older commercial aviation assets for institutional investors and high net worth individuals.