Castlelake, a global alternative investment manager specializing in asset-based investing, secured commitments for over $1 billion of aviation financing in a term loan facility to support its continued investment in and acquisition of aviation assets.

Commitments for the term loan facility were provided by Deutsche Bank, Goldman Sachs, BNP Paribas and MUFG. Castlelake is in various stages of acquiring more than 60 aircraft assets from leasing companies, airlines and other aircraft owners using financing from the facility. The aircraft financed by the facility, or contemplated to be financed by the facility, are on lease with approximately 30 airlines globally.

“Since Castlelake’s founding in 2005, we have strived to act as a nimble, creative and long-standing participant in the aviation industry,” Joe McConnell, partner and deputy co-chief investment officer at Castlelake, said. “The completion of this financing facility coupled with our acquisition activity in 2024 is the latest demonstration of our enduring commitment to providing attractive capital solutions to aircraft asset owners and compelling risk-adjusted investment opportunities to our investors.”