Vedder Price is pleased to announce that it served as legal counsel to Aero Capital Solutions, Inc. (“ACS”) in connection with capital raising activities for its fourth, and largest, aviation investment vehicle. Vedder Price’s Investment Services Group advised ACS in connection with fund formation activities, through which the investment vehicle secured total aggregate equity commitments of $936 million from a diverse group of institutional investors, registered investment advisers, and family offices. In addition, Vedder Price’s Global Transportation Finance team advised ACS in connection with two cutting-edge warehouse debt facilities specifically tailored to ACS’s mid-life aircraft investment strategy, which were arranged by Deutsche Bank and Atlas SP. The investment vehicle is expected to deploy $3.5 billion into mid-life aircraft leasing investments.
Adam Beringer, a Shareholder in Vedder Price’s Global Transportation Finance team, who led the firm’s representation of ACS commented, “We are proud to have supported ACS in all of their capital aggregation activities for their hugely successful fourth private equity fund raise. These transactions highlight the breadth of our service offerings related to private equity investments in the aircraft leasing space, as well as the ability of our Global Transportation Finance and Investment Services lawyers to successfully collaborate to assist ACS in these monumental transactions.” In addition to Beringer, the Vedder Price team included Mark Ditto, Jillian Musa, Jeff Landers, Ciara Davenport, Troy Guglielmo and Arman Amirkhanian (Global Transportation Finance), Cody Vitello, Laure Sguario and Devin Eager (Investment Services) and Matt Larvick (Tax).
Vedder Price’s Global Transportation Finance team has a longstanding reputation for advising clients on complex aviation finance transactions, offering comprehensive legal counsel to lessors, lenders, investors, and airlines globally.
Vedder Price’s Investment Services Group has extensive experience advising sponsors and investment advisers on the formation and operation of private investment vehicles. The team provides strategic counsel on structural, operational and compliance matters across all investment strategies and is known for its responsive service and deep industry knowledge.