SMTG plans to raise $500 million for new aircraft lease fund
Sumitomo Mitsui Trust Group is raising $500 million for its third aircraft lease fund. It seeks to attract investors from across Asia and the Middle East.
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Sumitomo Mitsui Trust Group will launch a $500 million aircraft lease fund targeting investors in Japan, Asia, and the Middle East. This is the third such vehicle the group has established with Novus Aviation Capital since 2016. The fund taps into global aircraft shortages to scale private asset sales to international institutional investors.
