ATL Partners and PSP Investments launch aviation leasing platform

ATL Partners, an aerospace and transportation focused private equity firm, is partnering with the Public Sector Pension Investment Board, one of Canada’s largest pension investment managers, to form SKY Leasing. As part of the transaction, SKY Leasing will acquire certain assets of Sky Holding Company (“SHC”) controlled by leasing industry veteran Richard Wiley. Mr. Wiley and other key members of SHC management will form the leadership team of SKY Leasing. With headquarters in Dublin, Ireland, and ancillary operations in San Francisco, California, SKY Leasing has over US$250m of initial equity capital available to provide sale/lease-back financing solutions globally to commercial airlines seeking to lease young mid-life Boeing and Airbus aircraft. SKY Leasing will also act as servicer to 54 aircraft on behalf of three securitizations.