AIP Capital, Bridgepoint Add 11 Jet Engines to $1B+ Aviation Portfolio

AIP Capital and Bridgepoint have expanded their aviation finance partnership with an agreement to acquire 11 LEAP-1B aircraft engines from CFM International, advancing a joint strategy to build a commercial engine leasing portfolio valued at more than $1 billion.

The engines, which include both next-generation and current-generation models, are scheduled for delivery between 2027 and 2029. Upon delivery, the assets will be leased to airlines, maintenance, repair and overhaul (MRO) providers, and other aviation operators seeking access to high-demand engine capacity.

The transaction builds on the firms’ existing partnership, which began in 2024 with the joint acquisition of an initial portfolio of LEAP-1B engines from CFM International.

“We are excited to acquire these engines in partnership with AIP and CFM,” said Rohit Dhote, partner and co-head of Credit Opportunities at Bridgepoint. “CFM has continued to distinguish itself with these in-demand, state-of-the-art engines.”

Earlier this year, AIP Capital and Monroe Capital closed MC Aviation 2026-1, a $643 million aircraft asset-backed securitization that finances a portfolio of 18 commercial aircraft leased to 12 airline customers across 10 jurisdictions.

AIP Capital manages approximately $7.1 billion in assets across aviation finance, equipment finance and other asset-based investment strategies through a team of roughly 70 professionals located in Stamford, New York, Dublin, Singapore, Seoul and Tokyo.

Bridgepoint oversees approximately $98 billion in assets across private equity, infrastructure, private credit, secondaries and private wealth strategies. Its Bridgepoint Credit platform has deployed more than €22 billion ($25 billion) across more than 350 companies since 2008.