RIVE Private Investment sells a portfolio of 14 aircraft dedicated to medical missions in Norway and Spain
Paris, 13 October 2025 – RIVE Private Investment, an independent European investment firm specialized in private assets, announces the sale of a portfolio of 14 aircraft to MONTE Global Asset Management. This transaction is part of RIVE’s strategy of active management of transportation assets portfolio, which continues to attract strong interest from financial and industrial players.
The divested portfolio includes 13 Beechcraft King Air 250 and 1 Cessna Citation Latitude, aircraft specifically designed to perform vital missions in remote areas, operate in challenging environments, and land on unpaved runways. Acquired between 2018 and 2019, these aircraft have since been leased to Avincis, a leading operator of critical aerial missions in Europe, and deployed under public air ambulance contracts in Norway and Spain. They form an essential part of the national emergency healthcare infrastructure, operating in coordination with local health authorities.
This transaction highlights RIVE’s ability to identify, lease, and manage essential assets serving local communities, while delivering an attractive return profile and regular liquidity to its investors.
The specialized air transport sector (medical, search and rescue, firefighting) is a strategic asset class for RIVE, where the firm has built significant expertise by investing regularly for more than a decade. These assets are at the heart of the strategy of the evergreen RIVE Transportation Assets Income Fund (RTAIF), launched in June 2021.
Camille Brunel, Partner Transportation Assets at RIVE Private Investment, commented:
“With performance achieved above our initial targets, this transaction perfectly illustrates one aspect of our asset management strategy for our investors: generating liquidity through disposals of leased asset portfolios. The underlying assets continue to attract strong interest from numerous financial buyers due to their embedded resilience: they meet essential community needs and are supported by long-term trends such as fleet modernization and the increasing adoption of leasing solutions.”
Transaction team:
Camille Brunel (Partner), Bachir Lahsini (Investment Director), Shabnam Cathelain (Investment Manager)
Advisors:
Buy-side: Greenhill (Mizuho Group) (financial advisor), Stephenson Harwood LLP (legal advisor). Sell-side: Watson Farley Williams (legal advisor), Matheson (legal and tax advisor).
About RIVE Private Investment
RIVE Private Investment is an independent European investment firm specialized in transportation assets and energy transition. Founded in 2013, RIVE currently manages over €1 billion and has completed more than 100 transactions. The RIVE team comprises 28 professionals based in Paris, Luxembourg, and Geneva.
RIVE, through its RIVE Transportation Assets Income Fund (RTAIF), invests in assets contributing to the decarbonization of the transportation sector and/or serving essential needs, such as railway rolling stock, aviation for critical missions (medical, firefighting, and rescue, etc.), and specialized maritime. Since its launch in mid-2021, RTAIF has deployed over €350 million in more 10 countries.
Press contacts:
Joacquim Berenguer – j.berenguer@bcadvisory.fr – +33 6 64 40 21 95
Paul Sèbe – p.sebe@bcadvisory.fr – +33 7 81 04 94 92