Yesterday Oaktree Capital Group succeeded in selling its stake in Jackson Square Aviation for 100 billion yen to Mitsubishi UFJ Lease & Finance Company Limited (MUL), the global leasing company headquartered in Tokyo. MUL purchased the California-based lessor by buying its parent JSA International Holdings. Oaktree was advised by Deutsche Bank on the sale. The transaction is expected to close by the end of 2012, pending regulatory approvals. Jackson Square has a fleet of 76 next-generation aircraft valued in excess of $4 billion. “We are excited to join forces with MUL,” said Richard S. Wiley, Jackson Square’s President and CEO.

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