Ares Management and Universities Superannuation Scheme to invest in Vmo Aircraft Leasing.

Ares Management and Universities Superannuation Scheme agreed to invest in Vmo Aircraft Leasing, a newly-formed company to acquire and lease commercial aircraft. Financial terms were not disclosed. "We believe the formation of Vmo is a terrific collaboration between a strong and respected management team, on the one hand, and an experienced and resourceful investor in the aviation sector, on the other. Together, we expect to build a differentiated company that provides outstanding service as well as flexible capital solutions to airline operators, lessors and OEMs around the world," Scott Graves, Ares Partner.