Appleby is pleased to have acted as Cayman Islands counsel representing funds advised by Wafra Inc. (Wafra) in the acquisition of Aquila Air Capital (Aquila) from funds managed by Warburg Pincus LLC, alongside Sidley Austin LLP, whereby Wafra agreed to acquire a controlling interest in Aquila on October 18, 2024.
Wafra is a global alternative investment manager with approximately $28 billion of assets under management across a range of alternative assets, including real assets, real estate, and strategic partnerships and Aquila is a specialty finance platform focused on providing aviation asset financing, including purchasing and leasing aircraft engines.
The Appleby corporate team was led by Cayman Partner Simon Raftopoulos and Senior Associate Alexandra Low.
