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Willow Wealth Invests in Blue Owl-Backed Aviation Leasing Platform

Willow Wealth Enters Commercial Aviation Leasing Through Blue Owl-Backed Platform
Willow Wealth has announced a strategic investment in Blue Crest Aviation Partners (BCAP), an aircraft leasing enterprise operated by Crestone Air Partners and supported by funds managed by Blue Owl Capital. BCAP specializes in acquiring mid-life commercial jet aircraft, which are leased to airlines globally. The platform leverages Crestone’s aviation expertise alongside Blue Owl’s institutional capital to pursue opportunities within the commercial aviation sector.
Expanding Investment Horizons in Aviation Leasing
As a private markets investment platform, Willow Wealth intends to deepen its involvement in commercial aviation through BCAP. Kevin Milligan, chief executive of Crestone Air Partners, emphasized that BCAP was established to merge aviation industry knowledge with institutional funding. He noted that the inclusion of Willow Wealth broadens the investor base engaged in these transactions and underscores the increasing interest in aviation assets.
For Willow Wealth, this transaction represents a significant entry into the commercial aviation market, offering its investors exposure to jet aircraft assets. Fahd Basir, managing director of Willow Wealth, highlighted that partnering with BCAP provides access to commercial aviation investments managed by an experienced aviation team supported by a robust institutional capital foundation. He further stated that the initial investment aligns with the firm’s focus on asset quality and long-term investor alignment.
Market Context and Regulatory Considerations
Willow Wealth’s investment occurs amid a surge of activity in the aviation leasing sector, where alternative asset managers are intensifying their focus. Recently, Blackstone forged a strategic aircraft engine leasing partnership with Willis Lease Finance Corporation, planning to deploy $1 billion over the next two years. Other firms, including Bridgepoint Group and Willis Lease Finance, are also expanding their aviation asset portfolios, reflecting heightened competition within the market.
However, this development coincides with ongoing regulatory challenges faced by Blue Owl Capital. The firm is currently under investigation and subject to a pending class action lawsuit, with a lead plaintiff deadline scheduled for February 2, 2026. These legal proceedings have prompted revisions to Blue Owl Capital’s price targets and may affect market perceptions of the partnership. Despite these headwinds, Willow Wealth remains committed to maintaining a focus on asset quality and long-term alignment for its investors.
As the commercial aviation leasing industry continues to attract new capital and attention, stakeholders will be closely monitoring the performance of these investments amid increasing competition and regulatory scrutiny.

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