AIP Capital announces formation of Phoenix Aviation Capital

Global aviation asset management and investment firm AIP Capital has announced the formation of full-service aircraft lessor Phoenix Aviation Capital, with approximately $11bn of assets under its management. Phoenix’s owner has also acquired a 49% stake in AIP, with the latter’s management team continuing to own a 51% majority. Based in Dublin, Phoenix will focus on ‘financing modern, in-demand aircraft across the globe,’ explains AIP Capital. It will be managed exclusively by AIP and benefit from the company’s ‘extensive experience in aviation and leadership,’ including managing partner at AIP Mathew Adamo, who will serve on Phoenix’s board and be directly