Eaton Partners acted as exclusive placement agent for SKY Leasing LLC and its Sky Fund V, L.P. (“SFV” or the “Fund”). SKY Leasing is a leading alternative asset manager with two decades of experience acquiring and selling new and young mid-life aircraft. The Fund closed oversubscribed with approximately $770 million in capital commitments.
SFV is a continuation of the investment program of SKY Leasing, focused on providing capital solutions to airlines seeking fleet modernization, primarily through the sale-leaseback of new aircraft deliveries. To date, SFV has committed over half of the capital raised to acquire a fleet of 48 aircraft with an average age under three years.
“SKY Leasing’s proven track record and disciplined investment strategy across four prior vehicles allowed us to attract a notable group of thought-leading institutional partners,” said Uli Flores, Managing Director at Eaton Partners. “We are proud of our relationship with SKY Leasing and expect our long-term partnership will help allow the team to cement its position as a leader in the aircraft sector.”
“Thank you to Eaton Partners for the support we received for SFV,” said Austin Wiley, Chief Executive Officer of SKY Leasing. “The Eaton team’s strong network of institutional relationships helped broaden our investor base, which has enhanced our capabilities to provide large-scale fleet solutions to our global airline customer base.”