Global Jet Capital, a new company providing leasing and lending solutions for large-cabin, long-range business jets, officially began operations. Three global investment firms – GSO Capital Partners, a Blackstone company in partnership with Franklin Square Capital Partners; The Carlyle Group; and AE Industrial Partners – have partnered to launch the company, which has the financial capacity to fund more than $2 billion in aircraft financing for individual, corporate and government use globally.

“Our management team, executive committee and sponsors have been evaluating this marketplace for the last 36 months,” said Shawn Vick, chairman of Global Jet Capital’s executive committee. “The conditions are right for asset-based structured financing services. In recent years, traditional lending sources have not been as active in business jet financing as they used to be, leaving an opportunity for Global Jet Capital.”

Vick will be joined on the executive committee by two other aviation industry veterans, Bill Boisture and David Rowe, who have extensive experience in the business jet leasing and financing sectors.

Global Jet Capital offers operating and interim leases, finance leases and mortgage loans, progress payments and mezzanine financing for both new and previously owned business jets.