Aviation asset management and investment firm AIP Capital (AIP) has confirmed the completion of a minority investment and joint venture (JV) agreement with Dreamstone Aviation Partners (Dreamstone), a subsidiary of Dreamstone Partners.

AIP will hold around 30% of the shares in Dreamstone and will be represented on the board of directors.

Go deeper with GlobalData

Data Insights

The gold standard of business intelligence.

Find out more

Related Company Profiles

View all

Financial details of the agreement have not been confirmed.

The JV will “provide for greater cooperation” between the two firms as AIP seeks to expand in South Korea and the broader APAC region.

“We expect the partnership between AIP and Dreamstone to be an effective platform supporting our go-to-market strategy,” said Kenneth Kang, Dreamstone CEO.

See Also:

“We are confident that innovative ideas combined with decades of industry experience between the two firms will help us successfully execute the strategy today and in the future.

How well do you really know your competitors?

Access the most comprehensive Company Profiles on the market, powered by GlobalData. Save hours of research. Gain competitive edge.

Company Profile – free sample

Thank you!

Your download email will arrive shortly

Not ready to buy yet? Download a free sample

We are confident about the unique quality of our Company Profiles. However, we want you to make the most beneficial decision for your business, so we offer a free sample that you can download by submitting the below form

By GlobalData
Visit our Privacy Policy for more information about our services, how we may use, process and share your personal data, including information of your rights in respect of your personal data and how you can unsubscribe from future marketing communications. Our services are intended for corporate subscribers and you warrant that the email address submitted is your corporate email address.

Dreamstone is a South Korea-based consulting and investment firm that focuses specifically on the aviation sector by providing lease consulting, fundraising and airline IT systems to the APAC region.

“We are delighted to formalise our partnership with Dreamstone and Kenneth, who has been a partner with us for close to a decade. Dreamstone is one of the premier aviation teams in South Korea with deep expertise across the sector,” said Jared Ailstock, AIP managing partner of AIP.

“As investor appetite in South Korea returns post-pandemic, we are confident this partnership will allow us to capitalize on those opportunities.

Gibson Dunn acted as legal advisor to AIP in the US, with Shin & Kim advising in Korea. PwC provided tax advice.