Milbank Advises Oaktree on Elix Aviation Merger

Milbank LLP advised Oaktree Capital Management on the merger of Elix (owned by funds managed by Oaktree Capital Management) and Adare Aviation Capital to form the new leasing company Abelo. The merger will integrate Elix Aviation’s platform and turboprop portfolio with the management expertise of Adare Aviation Capital.  

Milbank Transportation and Space partner James Cameron said, “We are delighted to have assisted Oaktree and their partners on this transaction."