Thora Capital, LCI and Rive Private’s $100 Million Helicopter Portfolio Co-Investment


Vedder Price acted as counsel to Thora Capital, LLC in its portfolio investment with helicopter lessor LCI Helicopters (UK) Limited.

Helicopter lessor LCI, asset manager Thora Capital and private equity firm Rive Private Investment have joined together to invest in nine helicopters worth more than $100 million. LCI will be servicer for six Leonardo AW139s and three Airbus H130 helicopters.

Thora Capital, LLC is an alternative asset manager dedicated to aviation finance.

LCI provides leasing services to airlines, freight carriers and helicopter operators.

The Vedder team was led by Edward Gross (picture), Neil Poland and Andrew Harris. A number of associates provided significant support for this transaction, including Melissa Kopit, Erich Dylus, Jonathan Rauch, Jon Edgelow and Gerry Kelly.

Involved fees earner: Erich Dylus – Vedder Price; Jonathan Edgelow – Vedder Price; Edward Gross – Vedder Price; Andrew Harris – Vedder Price; Melissa Kopit – Vedder Price; Neil Poland – Vedder Price; Jonathan Rauch – Vedder Price;

Law Firms: Vedder Price;

Clients: Thora Capital LLC;

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Author: Ambrogio Visconti