GA Telesis Launches GA Telesis Aviation Investments

Moabery Head Shot200GA Telesis and Wafra Capital Partners recently jointly announced that GA Telesis has raised $500 million from institutional and private clients, advised by Wafra Capital Partners, to establish a new aviation investment vehicle focused on aircraft and engine investment opportunities.

The vehicle will be named GA Telesis Aviation Investments (GAIN) and will be managed by GA Telesis Capital Management, a wholly owned subsidiary of GA Telesis. Together with the capital raise, GA Telesis’ own capital, and existing credit facilities, GAIN’s capacity for investments is up to $1 billion.

GAIN will seek to make investments in commercial aircraft, engines and new generation component inventories, for long-term or short-term lease. GAIN will also acquire assets for immediate disassembly and resale of the components and parts. GAIN has broad flexibility to make investments with a variety of durations in a wide range of asset types and across the capital structure. GA Telesis currently owns and manages a fleet of 60 engines and 30 aircraft and has disassembled nearly 200 aircraft and 500 engines since 2002.

“We are honored to be Wafra Capital Partners’ strategic aviation investment partner,” commented GA Telesis CEO, Abdol Moabery. He noted “this capital will further expand GA Telesis’ current ability to invest in high-yielding aviation asset investment opportunities.”

“Partnering with GA Telesis in GAIN offers our stakeholders and clients unparalleled access to aviation focused deal flow combined with a management team that possesses the capabilities (as demonstrated by their outstanding track record) to successfully capitalize on these opportunities,” said Michael Gontar, CIO of Wafra Capital Partners. “We are excited to be an investor in this industry-leading platform.”

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