Saturday 23 June 2018

Natixis Investment acquires stake in Airborne Capital

Ramki Sundaram, chief executive of Airborne Capital
Ramki Sundaram, chief executive of Airborne Capital
Ellie Donnelly

Ellie Donnelly

Natixis Investment Managers has acquired a minority stake in specialist aircraft lease and asset management firm Airborne Capital.

Natixis, which is one of the world’s largest asset management firms, acquired the stake for an undisclosed sum from the existing shareholders, which comprise of Airborne’s founding management team and FEXCO, Ireland’s largest privately owned financial services company.

The deal will provide Airborne with access to a worldwide asset management platform that will help to accelerate its plans to grow the business to have aircraft assets under management of over $5bn within the first 5 years of operations.

"We are delighted to welcome Natixis Investment Managers as a shareholder in Airborne Capital," Ramki Sundaram, chief executive of Airborne Capital – and former head of aviation at Natixis - said.

"It is a strong sign of confidence in our strategy to gain the support of a top international asset manager and will help accelerate our growth plans."

Read more: Fexco to back aircraft lease and asset manager Airborne Capital

For Natixis, the transaction enables it to continue to expand its expertise in alternative investments, specifically real assets.

Commenting on the deal, Jean Raby, chief executive of Natixis Investment Managers, said that as demand for alternative and real asset classes grows, Natixis will continue to invest in the ability to bring its clients the best solutions available,

"We look forward to partnering with Airborne as they continue their ambitious growth."

Airborne was launched in November 2017 by a management team with over 100 years of combined experience in aviation finance, including with Natixis.

The company’s strategy is to assist capital providers looking to invest in an emerging asset class.

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