Capital raising continues

Leasing companies continue to raise capital as the market turns to bolster funds for acquisitions and growth but also to ensure strong capital flows. Aviation Capital Group (ACG) announced that it has received an additional $200 million investment from its minority shareholder, Tokyo Century Corporation. Tokyo Century has held an investment in ACG since December 2017. With this additional investment, Tokyo Century’s ownership in ACG increases to 24.5%. Pacific Life retains its controlling interest in ACG. “We are excited about Tokyo Century’s additional $200 million investment in ACG in the form of primary equity capital, which demonstrates its continuing support