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Turning Rock Partners and AerFin Limited Expand Partnership with Second Asset-Backed Aviation Financing
PR Newswire
NEW YORK, Sept. 1, 2026
NEW YORK, Sept. 1, 2026 /PRNewswire/ — Turning Rock Partners (“TRP” or “Turning Rock”), a private investment firm based in New York, announces its second asset-backed financing with AerFin Limited (“AerFin”), a global leader in aircraft and engine parts aftermarket solutions. The transaction is backed by three Airbus A220 aircraft and further expands the partnership between the two firms.
“This second transaction with AerFin represents a natural extension of our partnership and demonstrates the strength of combining disciplined underwriting with an aligned operating partner to pursue attractive risk-adjusted returns with downside protection, underpinned by owned collateral,” said Sha Khoja, Head of Credit at Turning Rock Partners. “It further reflects our commitment to specialized, asset-intensive sectors, where our sourcing capabilities and structuring expertise allow us to capitalize on differentiated opportunities.”
Under the terms of the transaction, the aircraft will remain in operation for an interim period, after which the engines will transition to long-term lease arrangements, and the airframes will be disassembled. AerFin will manage the teardown, maintenance, and parts distribution processes, leveraging its technical expertise and global aftermarket platform to maximize the value of the assets.
“As the first independent provider to bring A220 used serviceable material to market, we’re helping to create new sources of supply for operators and lessors, improving availability and providing customers with greater flexibility,” said Simon Goodson, CEO of AerFin. “We look forward to building on our successful relationship with Turning Rock through this landmark programme and beyond.”
Investec Aviation Finance provided debt financing for the transaction.
Holland & Knight served as U.S. legal counsel, Matheson LLP served as Irish legal counsel and Stream Avocats & Solicitors Paris served as French legal counsel. Shannon Technical Services provided collateral assessment and technical and physical inspection services. TRP Senior Advisor Michael Platt reviewed the financing.
About Turning Rock Partners
Turning Rock Partners (TRP) structures bespoke financing solutions for companies across the private market landscape.
For more information, please visit www.turningrockpartners.com. For Turning Rock investor relations, please contact investor@turningrockpartners.com.
About AerFin
AerFin is breathing new life into aviation. We buy, sell, lease and repair aircraft, engines and parts to maximize the value for their owners and provide a lower-cost supply of material to our airline, lessor and MRO customers. Through our deep technical expertise and high-performance culture, we deliver confidence-inspiring quality, safety and value to our customers.
With regional hubs in Europe, Asia-Pacific and the Americas we’re perfectly placed to keep fleets flying and get deals done. For more information, please visit www.aerfin.com.
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SOURCE Turning Rock Partners
