At a glance
- The three partners are raising outside capital for the venture.
- The platform targets aircraft engines, a hard-asset pool.
- The coverage does not say how much equity each partner is committing, when a first close is expected, or what role Bridgepoint plays in the venture.
Bridgepoint, GFH Bank and AIP Capital are building a $1bn aircraft engine leasing platform. The three partners are raising outside capital for the venture.
GFH Bank holds the cornerstone investor and strategic partner roles, and AIP Capital will lead engine sourcing and trading.
The platform targets aircraft engines, a hard-asset pool. That structure differs from a direct lending fund's, where the asset base is a portfolio of corporate loans rather than equipment.
The coverage does not say how much equity each partner is committing, when a first close is expected, or what role Bridgepoint plays in the venture. Nor does it specify whether the $1bn figure is a target, a fund size or total asset value.
Reported by The Wrap desk from Private Credit Daily newsroom tracked activity and internal data basis. Published . Corrections