AIP Capital

Name

AIP Capital

Legal name

AIP Capital LLC

Website

https://aipcapital.com

Company type

Private

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Ownership category

akta.pro rank

Product category

Aviation Asset Management & Leasing

NAICS

Portfolio Management and Investment Advice (523940), Funds, Trusts, and Other Financial Vehicles (525), Other Financial Vehicles (525990), Other Financial Vehicles (52599)

SIC

Investment Advice (6282), Finance Lessors (6172), Finance Services (6199), Short-Term Business Credit Institutions (6153)

akta.pro primary industry

Corporate Finance & Capital Advisory (BPAHADAB)

akta.pro secondary industries

Capital Raising Advisory (Debt/Equity/Private Capital) (BPAHADAG), Debt Advisory & Financing Advisory (FSAEAGAD), Corporate Strategic Real Assets & Infrastructure Venture Investing (FSANAHAN)

Keywords

• Aviation asset finance
• Commercial aircraft leasing
• Airline private credit
• Equipment finance solutions
• Aviation investment management

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Asset Management Fees: AIP earns management fees for servicing aircraft portfolios and managing investment vehicles on behalf of investors. Witt Lake Asset Management manages approximately $1.5 billion in assets, primarily aviation private credit instruments for insurance clients.
2. Servicing Income: AIP acts as servicer for aircraft leasing portfolios and structured products, including Phoenix Aviation Capital's EETC transactions and Monroe Capital venture.
3. Lease Income: Through Phoenix Aviation Capital, AIP generates lease income from commercial aircraft leased to global airlines on long-term basis.
4. Transaction and Arrangement Fees: AIP earns fees for arranging and structuring financing transactions including debt facilities, aircraft acquisitions, and portfolio purchases for airline customers and partners.
5. Investment Returns: AIP generates carried interest and investment returns from equity participations in aircraft and aviation-related investments across its platforms.

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

AIP Capital is a global multi-strategy investment manager focused on asset-based finance, primarily in commercial aviation. The firm provides bespoke credit solutions, aircraft leasing (through Phoenix Aviation Capital), business aviation lending (Sankaty Jet Capital), equipment finance (Harbor Point Equipment Finance), and asset management services (Witt Lake Asset Management) to airlines, lessors, and institutional investors worldwide.

Product overview

AIP Capital is a global multi-strategy investment manager focused on asset-based finance, offering a platform of integrated strategies and subsidiary platforms. The core offerings include: (1) Real Assets strategy for commercial aircraft, engines, and equipment; (2) Private Credit for bespoke airline financing solutions; (3) Phoenix Aviation Capital, a full-service aircraft lessor managing a $3.2B fleet; (4) Sankaty Jet Capital for business aviation lending; (5) Harbor Point Equipment Finance for equipment lease portfolios; (6) Witt Lake Asset Management for institutional asset management; and (7) BeYoke Capital partnership for Japanese investor solutions. The company manages approximately $7.5 billion in assets across global offices in Stamford, New York, Dublin, Singapore, Seoul, and Tokyo.

Differentiator

Problem solved

Functional benefit

Brands

• Phoenix Aviation Capital: A full-service aircraft lessor exclusively managed by AIP Capital, managing a global fleet of commercial aircraft including 737 MAX 8 orderbook with Boeing.
• Sankaty Jet Capital
• Harbor Point Equipment Finance
• Witt Lake Asset Management
• BeYoke Capital

Products and services

• Phoenix Aviation Capital A full-service aircraft lessor exclusively managed by AIP Capital, providing flexible leasing and financing solutions to global airline customers. Manages a $3.2 billion fleet of 69 aircraft including a 737 MAX 8 orderbook with Boeing.
• Sankaty Jet Capital Business aviation lending platform providing financing solutions for counterparties across the business aviation industry, including direct lending for jet acquisitions, fleet operators, and inventory/broker-dealer financing.
• Harbor Point Equipment Finance Equipment finance platform focused on acquiring seasoned performing and under-performing equipment lease and loan portfolios, originating equipment leases and loans, and syndicating and servicing lease/loan portfolios.
• Witt Lake Asset Management (WLAM) Asset management firm providing investment management services to investment funds, separately managed accounts, and other vehicles. Manages approximately $1.5 billion in assets, primarily aviation private credit instruments for insurance clients.
• AIP Capital Real Assets Strategy Investment strategy focused on acquiring and servicing commercial aircraft, engines, and general-purpose equipment to drive attractive risk-adjusted returns via co-investment, fund vehicles, and other structures. Invests across next-generation, mid-life, and opportunistic end-of-life aircraft and engines.
• AIP Capital Private Credit Direct origination of bespoke credit solutions for airlines including secured aircraft and engine financing, esoteric assets (spare parts, hard assets, soft collateral), pre-delivery payment financing, and mid/small ticket lease origination.
• AIP Capital Advisors Advisory services for privately offered investment funds, separately managed accounts, co-investment vehicles, and pooled investment vehicles focused on originating and managing aviation-related investments. Manages approximately $360 million in assets as of December 31, 2025.
• Phoenix Aviation Capital Series 2024-1 EETC First structured Enhanced Equipment Trust Certificate (EETC) financing totaling $242 million to finance seven new Boeing 737 MAX 8 aircraft across two lessees.

Quantifiable outcome

• Phoenix Aviation Capital grown to 30 aircraft with net book value of $1.6 billion as of March 31, 2026, since formation in April 2024.
• +3 more outcomes

Named customers10 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core, strategic and minor.

• BeYoke CapitalcoreStrategic or Co-development Partner · 28 August 2025Strategic partnership to originate aircraft and engine investment opportunities for Japanese investors via Japanese Operating Lease (JOL), Japanese Operating Lease with Call Option (JOLCO) structures, and secured loan products. AIP made a minority investment in BeYoke and joined the board of directors.
• Monroe Capital LLCcoreStrategic or Co-development Partner · 27 June 2025AIP Capital and Monroe Capital formed a venture to acquire a diversified aircraft leasing portfolio of up to $1 billion of mid-life aircraft on long-term lease to airlines globally. Monroe provides investment capital and AIP acts as servicer of the assets. Initial $500 million warehouse facility secured from Deutsche Bank and Fifth Third Bank.
• LuminArx Capital ManagementstrategicStrategic or Co-development Partner · 10 March 2025Phoenix Aviation Capital, AIP Capital and LuminArx jointly acquired a portfolio of three Airbus A330-300 aircraft (two 2012 vintage aircraft leased to China Airlines and one 2015 vintage aircraft leased to EVA Air).
• Apollo PK AirFinanceminorStrategic or Co-development Partner · 13 January 2025Chris O'Scannlain, Chief Risk Officer, previously worked at Apollo PK AirFinance as Head of Credit Risk covering a global portfolio.
• CFM InternationalstrategicStrategic or Co-development Partner · 12 July 2024Phoenix Aviation Capital entered agreement to acquire ten LEAP-1B engines from CFM International (50/50 joint company between GE Aerospace and Safran Aircraft Engines) scheduled for delivery Q3-Q4 2024.
• Boeing CompanycoreStrategic or Co-development Partner · 12 July 2024Phoenix Aviation Capital has an orderbook of 30 Boeing 737 MAX-8 aircraft with Boeing. AIP Capital manages Phoenix's fleet and Boeing relationship.
• ORIX AviationstrategicStrategic or Co-development Partner · 13 January 2024Phoenix Aviation Capital completed multiple transactions with ORIX Aviation including acquisition of Boeing 787-9 aircraft on lease with American Airlines and Airbus A321neo on lease with IndiGo.
• Dreamstone Aviation PartnersstrategicStrategic or Co-development Partner · 22 June 2023AIP Capital closed a minority investment and joint venture agreement with Dreamstone Aviation Partners, a Korea-based aviation consulting and investment firm. AIP holds approximately 30% of shares in DAP and joined the board of directors. The JV provides greater cooperation as AIP seeks to expand in Korea and broader APAC region.
• 777 Partners LLCcoreStrategic or Co-development Partner · 15 May 2023AIP Capital entered into a servicing agreement with 777 Partners to be the exclusive asset manager for all commercial aircraft owned by 777 Partners, including approximately 68 aircraft 737 MAX order with Boeing. AIP also sources aircraft financing for 777 Partners and airlines in which it has ownership stake including Flair Airlines and Bonza Airlines.

Scale indicators22 records

Recent moves9 records

Expansion highlights6 records

Direct peers

• ORIX Aviation: ORIX Aviation is a global aircraft leasing platform and AIP/Phoenix has completed multiple sale-leaseback transactions with ORIX (including a 787-9 with American Airlines and an A321neo with IndiGo). Comparable in commercial aircraft leasing and trading to airlines globally.
• LuminArx Capital Management: LuminArx is an alternative investment manager that co-invested with Phoenix Aviation Capital and AIP Capital on three A330-300 aircraft leased to China Airlines and EVA Air. Closely comparable to AIP's aviation investment platform in aircraft co-investment and asset management.
• Jackson Square Aviation: Jackson Square Aviation is a San Francisco-based global aircraft lessor. Directly comparable to AIP's Phoenix Aviation Capital in commercial aircraft leasing, and Mathew Adamo was previously CIO at Jackson Square, while Dimuth Fernando led origination there — making the firms highly comparable in both business model and team pedigree.
• Castlelake: Castlelake is a global alternative investment manager focused on aviation and other real asset credit. Both AIP co-founders (Adamo and Ailstock) and Director Colm Daly previously held senior roles at Castlelake, making it the most direct comparable in aviation credit and asset-based investment strategies.
• Apollo PK AirFinance: Apollo PK AirFinance is a direct aviation credit and leasing platform within Apollo Global Management. Comparable to AIP's Private Credit and Real Assets strategies in providing bespoke secured aircraft financing to airlines and lessors. Chris O'Scannlain (AIP's CRO) previously led credit risk at Apollo PK AirFinance.

Broad incumbents

• AerCap Holdings: AerCap is the world's largest aircraft lessor with over $50B in assets, directly comparable to AIP's Phoenix Aviation Capital subsidiary in commercial aircraft leasing, sale-leaseback, and lease management. As a much larger, listed incumbent, AerCap provides the strategic benchmark for how AIP's platform could scale over time.
• Avolon Aerospace Leasing: Avolon is one of the world's largest aircraft lessors, majority-owned by Bohai Leasing. Comparable to Phoenix Aviation Capital in next-generation commercial aircraft leasing, with a much larger global fleet and broader customer base across major airlines.
• SMBC Aviation Capital: SMBC Aviation Capital is one of the world's top aircraft lessors, owned by Sumitomo Mitsui Banking Corporation. Directly comparable to AIP/Phoenix in commercial aircraft leasing to global airlines, with a larger balance sheet and global investor base. Chris O'Scannlain (AIP's CRO) previously covered the Americas at SMBC Aviation Capital.
• Air Lease Corporation: Air Lease is a leading aircraft lessor with a $30B+ fleet focused on new-generation commercial aircraft. Directly comparable to AIP's Phoenix Aviation Capital in next-generation aircraft leasing, Matt Stevens (AIP's MD Americas) joined AIP from Air Lease, evidencing direct operational overlap.

Emerging players

• Griffin Global Asset Management: Griffin Global Asset Management is an aircraft-focused investment manager with a Boeing 737 MAX orderbook of similar vintage to Phoenix Aviation Capital. Comparable to AIP/Phoenix in next-generation commercial aircraft investment and leasing, though smaller and earlier-stage.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/aip-capital-ltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles14 records

Subsidiaries8 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments3 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about AIP Capital