Akin Advises Bain Capital Special Situations in Launch of Second Freighter Aircraft Investment Platform with $410 Million Capital Commitment
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(Boston and New York) – Akin’s global capital solutions team advised Bain Capital Special Situations, L.P. in connection with the closing of an aviation joint venture, Titan Aircraft Investments II, DAC (TAI 2), between certain investment funds managed by Bain Capital and Titan Aviation Leasing, a subsidiary of Atlas Air Worldwide, to acquire, lease and service a fleet of commercial freight aircraft.
This joint venture is an expansion from a prior joint venture, Titan Aircraft Investments I, Ltd., entered into between Bain Capital and Titan in 2020. TAI 2 launches with a $410 million capital commitment from Bain Capital and Atlas, further scaling the firms’ JV platform, focused on delivering flexible and efficient freighter leasing solutions worldwide.
The Akin team was led by capital solutions team co-leader Ranesh Ramanathan and included fellow capital solutions partner Alex Cushman; tax partner Ryan Dahan; private equity transactions partner Elina Alperovich; and corporate associates Henry Spalding, Grant Ogulnick and Robert Graham.
For more information on the transaction, please click here.
Our global capital solutions group advises private capital investors pursuing opportunities, and companies seeking investments, across the capital structure in all market cycles. We provide a one-stop shop for credit funds, private equity firms and other global investors, as well as companies, seeking bespoke capital and liquidity solutions.
Akin is a leading international law firm with more than 900 lawyers in offices throughout the United States, Europe, Asia and the Middle East.
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