Wood Creek Acquires Equity Interest in $750 Million Genesis Funding Limited Aircraft Securitization Vehicle from AerCap

Wood Creek Capital Management, LLC (“Wood Creek”) today announced that its affiliate, GFL Holdings, LLC , has completed the purchase of 100% of the class A common shares in Genesis Funding Limited (“GFL”) from AerCap International Bermuda, Limited, a wholly owned subsidiary of AerCap Holdings N.V. (“AerCap”, NYSE: AER).

As part of the agreement, AerCap Ireland Limited continues to act as servicer for the GFL aircraft portfolio.

Wood Creek Capital Management is an investment manager focusing on real assets and intellectual property rights. Founded in 2005, it has assembled an extensive transportation portfolio, including aircraft, intermodal containers and over-the-road trailers.

Brett D. Hellerman, Chief Executive Officer of Wood Creek commented: “This transaction is consistent with Wood Creek’s transportation strategy, which emphasizes current income generation. We have executed several transactions with AerCap in the past, and we are excited about expanding our aircraft portfolio. We look forward to working with AerCap in the future.”

Wood Creek was advised by WNG Capital, LLC.

About Wood Creek

Headquartered in New Haven, Connecticut, Wood Creek Capital Management is an SEC-registered investment advisor with committed capital under management of approximately $2.1 billion. Wood Creek is an affiliate of Babson Capital Management, LLC and a member of the MassMutual Financial Group.


This press release may contain forward-looking statements that involve risks and uncertainties. In most cases, you can identify forward-looking statements by terminology such as “may”, “should”, “expects”, “plans”, “anticipates”, “believes”, “estimates”, “predicts”, “potential” or “continue” or the negative of such terms or similar terminology. Such forward-looking statements are not guarantees of future performance and involve significant assumptions, risks and uncertainties, and actual results may differ materially from those in the forward-looking statements.


Wood Creek Capital Management
Brett Hellerman, 203-401-3220

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.