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KGAL launches aviation fund APF 5

KGAL Investment Management GmbH & Co KG has successfully launched a new aircraft fund with a total investment volume of around EUR150 million.

KGAL Investment Management GmbH & Co KG has successfully launched a new aircraft fund with a total investment volume of around EUR150 million.

German Operating Aircraft Leasing (GOAL), a joint venture between KGAL and Lufthansa, acts as both technical asset manager and co-investor for the new fund. KGAL APF 5 will invest primarily in opportunistic aviation assets.

GOAL is one of the world’s 50 largest lessors in the aircraft segment and the leader in the German market. Founded in 1998 and headquartered in Grünwald near Munich, the company manages a portfolio of almost USD2 billion.

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