Over the last two quarters, Perilune has purchased a fleet of widebody aircraft valued on lease to major domestic and international airlines and is in the process of closing on a second fleet of aircraft with a strategic partner, the company said.
Other accomplishments included the successful divestiture of its multi-family office administration business and continuing to add industry talent to the senior management team.
In addition, Perilune continued to build its management team by adding top tier industry talent to Perilune Aviation. And in 2017, Perilune concluded litigation related to its Z/C Aviation affiliate after selling a fleet of narrowbody aircraft to a major aircraft lessor, netting investors in excess of 20% IRR on the investment. Perilune had purchased the new aircraft directly from Airbus in 2014 and 2015 and leased them to American Airlines.
Perilune is an independent private investment group which structures and acts as a principal in aviation investments in the global transportation industry. Perilune has formed successful joint ventures with several publicly traded aircraft lessors and aircraft OEMs and has been recognized for many of its investments including being nominated by Goldman Sachs for Air Finance Transaction of the year.