(MENAFN Editorial) CHARLOTTE, N.C., Jan. 4, 2018 /PRNewswire/ -- announced the final closing of Corrum Capital Aviation Partners, LP ("CCAP" or the "Fund") at the Fund's $250 million commitment hard cap. The Fund was oversubscribed with strong support from both existing and new investors. The Fund held its final closing on Dec. 15, 2017.

"The need for significant capital in the midlife commercial aviation market provides Corrum the opportunity to invest in an established area of the transportation sector," said , co-managing partner at Corrum Capital Management. "The new Fund allows us to significantly expand our aircraft holdings, which provide an attractive return profile via the contractual revenue generated by underlying leases."

"We are very appreciative of the vote of confidence in CCAP from existing and new investors, including public and corporate pension funds, endowments, foundations, and family offices," said , co-managing partner at Corrum Capital. "The strong reception from investors speaks to the broad appeal of Corrum Capital's specialization in differentiated alternative asset classes."

Gallatin Capital and Langshiff Partners served as the fundraising advisors for CCAP. Winston and Strawn LLP served as counsel for the Fund.

ABOUT CORRUM CAPITAL MANAGEMENT LLC

Corrum Capital Management is an independent, private investment firm focused on niche, cashflow-oriented investments including alternative credit and asset-backed strategies. Corrum Capital seeks to execute investment strategiesthrough direct debt and equity investmentsand in partnership with experienced operators through a variety ofstructures. Corrum Capital currently has investments in the transportation infrastructure sector, including aviation and railcar, and asset- and collateral-backed lending, including lending to the sports and entertainment industries, real estate lending, and trade and receivables finance.

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SOURCE Corrum Capital Management LLC

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