Castlelake closes fourth aviation fund

Castlelake has completed the final closing of Castlelake Aviation IV Stable Yield L.P. and related fund Castlelake Aviation IV Stable Yield Opportunities, totaling approximately $1.6 billion in capital commitments. The Fund received investments from a diverse range of institutions including pensions, sovereign funds and endowments from around the world. These capital commitments included a mix of both repeat and first-time commitments. “We are grateful for the warm reception the Fund received from diverse global institutions and believe that it reflects Castlelake’s decades of experience navigating aviation investments across cycles, including through the most recent disruption caused by COVID-19,” said Rory