ATL Partners, PSP Investments launch aviation leasing platform

ATL Partners said that it is partnering with the Public Sector Pension Investment board to form SKY Leasing.

As part of the transaction, SKY Leasing will acquire certain assets of Sky Holding Company controlled by leasing industry veteran Richard Wiley. Wiley and other key members of SHC management will form the leadership team of SKY Leasing.

With headquarters in Dublin, Ireland, and ancillary operations in San Francisco, California, SKY Leasing has over USD250 million of initial equity capital available to provide sale/lease-back financing solutions globally to commercial airlines seeking to lease young mid-life Boeing and Airbus aircraft. SKY Leasing will also act as servicer to 54 aircraft on behalf of three securitizations.

The SKY Leasing management team has developed extensive relationships in the global airline community by leasing aircraft to over 100 airline customers globally and executing more than 600 aircraft transactions valued at over USD20 billion.

SKY Leasing is a full service aircraft leasing company headquartered in Dublin, Ireland.

The Aerospace, Transportation and Logistics Fund was formed in 2014 to make private equity and certain preferred securities or debt investments in the aerospace, transportation and logistics sectors principally in North America with enterprise values of USD250 million and higher.

The Public Sector Pension Investment board is one of Canada´s largest pension investment managers with USD112.0 billion of net assets under management as of March 31, 2015.