Novus Aviation Capital and Sumitomo Mitsui Trust Bank have launched their third aircraft leasing fund, Ortus III.
The fund marks the latest collaboration between the two firms in the aviation finance sector. Ortus III follows the establishment of previous funds in the series, focusing on aircraft leasing opportunities.
Details on the fund’s size, target assets, or specific investment strategy remain undisclosed at this stage. The partnership leverages Novus Aviation Capital’s expertise in aviation asset management alongside Sumitomo Mitsui Trust Bank’s financial resources.
This development occurs amid ongoing demand for aircraft leasing arrangements in the global aviation market, where lessors provide engines and airframes to airlines under long-term agreements.