GA Telesis launches GA Telesis Aviation Investments

GA Telesis and Wafra Capital Partners jointly announced that GA Telesis has raised $500m from institutional and private clients advised by Wafra Capital Partners to establish a new aviation investment vehicle focused on aircraft and engine investment opportunities. The vehicle will be named GA Telesis Aviation Investments LLC (“GAIN”) and will be managed by GA Telesis Capital Management, a wholly owned subsidiary of GA Telesis. Together with the capital raise, GA Telesis’ own capital, and existing credit facilities, GAIN’s capacity for investments is up to $1bn. GAIN will seek to make investments in commercial aircraft, engines and new generation component inventories, for long-term or short-term lease. GAIN will also acquire assets for immediate disassembly and resale of the components and parts. GAIN has broad flexibility to make investments with a variety of durations in a wide range of asset types and across the capital structure. GA Telesis currently owns and manages a fleet of 60 engines and 30 aircraft and has disassembled nearly 200 aircraft and 500 engines since 2002.