GA Telesis is to build a new aviation investment vehicle, GA Telesis Aviation Investments (GAIN), which will focus on aircraft and engine investment. The company has raised $500m from institutional and private clients to fund the venture, advised by Wafra Capital Partners. Together with GA Telesis’ own capital and existing credit facilities, GAIN’s capacity for investments will reach $1bn. GAIN plans to lease commercial aircraft, engines and new generation component inventories on long-term and short-term agreements. It will also acquire assets for teardown and resale of components. Its parent company, GA Telesis, currently owns and manages a fleet of 60 engines and 30 aircraft and has disassembled nearly 200 aircraft and 500 engines since 2002.