First close of new aircraft fund by Investec

With a long and successful record of attracting new investors to the aircraft finance market, Investec has launched another Global Aircraft Fund. The fund provides institutional investors and pension funds with the ability to invest in aircraft, leased to airlines globally, giving high, single-digit, running yields with mid-teen target total returns. Investec Aviation Finance announced the first close of its aircraft fund, Investec Aircraft Syndicate Limited (IASL), on November 19. IASL will invest over $500m in new generation, fuel-efficient aircraft on lease to a number of leading airlines across the globe. It has the ability to increase the size of