SKY Leasing Raises $770M for Sky Fund V

Sky Leasing, a San Francisco, CA-based alternative asset manager with experience investing institutional capital in aviation, closed Sky Fund V, L.P., at approximately $770m.

The firm received capital commitments from existing and new investors that include global insurance companies, sovereigns, pension funds, endowments, foundations, and family offices.

The Fund is a continuation of the investment program of SKY Leasing focused on providing capital solutions to airlines seeking fleet modernization primarily through the sale-leaseback of new aircraft deliveries. To date, SFV has committed over half of the capital raised to acquire a fleet of 48 aircraft with an average age under three years.

Led by Austin Wiley, Chief Executive Officer, SKY Leasing is a premier aircraft leasing asset manager with offices in San Francisco, California, Dublin, Ireland, and Singapore. The company’s fund management business was founded in 2019, in partnership with M&G Investments. Since 2016, SKY Leasing has invested over $7 billion to acquire new and young mid-life aircraft.

Eaton Partners acted as the exclusive global placement agent for the Fund.