Airborne Capital Limited ("Airborne") and Mercuria Investment Holdings Co., 
Ltd. ("Mercuria") are pleased to announce the agreement, between Airborne and 
Mercuria's subsidiary Mercuria Investment Co., Ltd., to enter into a joint 
venture for the operation of a new entity in Japan, called "Mercuria Airborne 
Capital Co., Ltd." ("JV").  

The JV provides Airborne with increased access to Japanese aviation investors, 
and it enables Mercuria to further expand its expertise in cross-border 
alternative investments, catering to Japanese investors seeking bespoke 
aviation investments. The business will be a bridge between the specific needs 
of Japanese aviation investors and the changing dynamics in the global aviation 
market.  

Despite the challenges posed by the COVID-19 pandemic, aircraft investment 
continues to provide attractive investment and yield opportunities to investors 
worldwide, with the JV being established in anticipation that the role 
institutional investors play in the aviation leasing industry will grow at a 
faster pace.  

Mercuria is a multi-strategy investment management group with offices in Tokyo, 
Beijing, Hong Kong and Bangkok, and its AUM is about USD 2bn. Mercuria has 
provided innovative solutions in growth, buyout and real asset investments to 
Japanese and overseas investors.  

Airborne is a specialist aircraft leasing and asset management business 
headquartered in Ireland and with presence in Shannon, Dublin, London, New 
York, Montreal, Hong Kong, Seoul and Tokyo. Airborne was established in 2017 
and manages approximately USD 1bn of aircraft assets through active 
relationships with global set of investors, including Japanese investors. 

Toshihiro Toyoshima, CEO of Mercuria said:  

"This joint venture is an exciting step for Mercuria and will broaden the range 
of international alternative investment opportunities we can offer our clients. 
The business marries Airborne's global aviation finance expertise with our 
strong client base and investment pedigree."    

Ramki Sundaram, CEO of Airborne Capital said: 

"We are delighted to partner with Mercuria and expand on our already successful 
operations in Japan. Mercuria Airborne Capital will offer institutional 
investors in Japan access to a growing range of attractive investment 
opportunities in the global aviation finance sector."

For more information contact:  
- Airborne Capital: Doug Keatinge, +353 86 037 4163, dkeatinge@murraygroup.ie 
- Mercuria: info@mercuria-hd.jp 
 
Source:  Airborne Capital