Air Lease Corp raised $1.2B within weeks of launching
Steven Udvar-Hazy · Air Lease Corporation: Steven Udvar-Hazy · Sep 4, 2023 · at 1:01:48
Steven Udvar-Hazy describes founding Air Lease Corporation after departing ILFC following the 2008 AIG financial collapse.
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“We raised about 1.2 billion and I said, we will provide a hundred million dollars of equity, cash equity, and then we'll raise another billion From outside investors, including banks, and well-known private equity firms, and international institutions, and that was oversubscribed. So we raised about 1.2 billion within a few weeks after the company was formed. We didn't have any airplanes, but we already had capital lined up.”
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