Wings Capital Gets New Equity to Accelerate Growth of Aircraft Leasing



Wings Capital Partners announced Corrum Capital has taken an equity position in the company and that Two Sigma Private Investments, Wings’ original investor, has made an additional equity investment, moves that will accelerate growth of Wings’ commercial aircraft leasing business.

“Wings Capital Partners is very pleased to welcome Corrum Capital as a new shareholder and we’re delighted to have an additional vote of confidence and investment from Two Sigma”

Corrum Capital, an active investor in mid-life narrow-body aircraft with Wings for nearly two years, has purchased an equity position in order to expand Wings’ committed capital base and facilitate significant growth for the company. Following the sale of equity, Wings ownership will consist of Two Sigma Private Investments, Corrum Capital and the Wings management team led by R. Stephen Hannahs.

“Wings Capital Partners is very pleased to welcome Corrum Capital as a new shareholder and we’re delighted to have an additional vote of confidence and investment from Two Sigma,” said Hannahs, managing director and CEO for Wings. “Corrum Capital and Two Sigma bring a unique blend of financial expertise, market access and operating insight that will enhance our experienced team’s ability to achieve superior growth both operationally and financially.”

As a part of the transaction, Jason Cipriani, co-managing partner of Corrum Capital Management and J. Chandler Martin, senior advisor to Corrum Capital Management will join Wings’ board of directors along with Hannahs as well as Wray T. Thorn, chief investment officer of Two Sigma Private Investments and Mark Kleinman, operating partner from Two Sigma Private Investments.

“Becoming an equity partner is an exciting next step in Corrum Capital’s relationship with Wings Capital Partners and a natural progression of our asset leasing strategy that we have developed over several years,” Cipriani said. “We look forward to working together with Steve’s team and Two Sigma to execute on the significant pipeline of opportunities available to the company in an attractive market.”

“We are very pleased to welcome Corrum Capital as an investment partner in Wings,” Thorn said. “Steve and his team have built a great franchise, and these additional investments will enable Wings to continue to grow and maximize its enterprise value.”

After closing the pending acquisition of four aircraft, the total value of Wings’ aircraft portfolio will exceed $600 million and is projected to reach approximately $1 billion by year end.

Formed in 2013 by R. Stephen Hannahs and Two Sigma Private Investments, Wings Capital Partners is a private company that owns and manages predominantly single-aisle, in-production commercial jet aircraft on lease to airlines around the world. To learn more, please visit

Corrum Capital Management is an independent, alternative investment firm focused on niche, cash flow oriented investments. Corrum Capital seeks to partner with experienced operators within their target markets through a variety of investment structures, including asset-backed strategies in the transportation infrastructure sector, which includes commercial aviation leasing.

Two Sigma Private Investments (TSPI) is the private markets investment division of Two Sigma Investments. TSPI focuses on developing and executing private investment opportunities that provide diversifying sources of return for its investors.


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