Almada raises initial $80 mln in launch of aviation finance fund
Canadian private equity firm Almada has raised an initial $80 million for its inaugural aviation finance fund. The capital sources were not disclosed. Aircraft Opportunity LP will invest in mid-life, narrowbody and special purpose aircraft. To date, Almada has acquired three aircraft, two Bombardier Q400s and a Basler BT67, and has two other aircraft under contract. It is sourcing additional opportunities. Toronto-based Almada was founded last year by CEO Alon Ossip, Chairman Martin Goldfarb and David Ossip. Investing more than $200 million so far, the firm plans to launch more funds in other verticals, including real estate, self-storage, software and waste management.
8 November 2018•2 mins read
