Private Equity Firm Tsinghua To Acquire Hong Kong-based Sino Jet

Private equity firm Tsinghua Holdings Capital is acquiring Hong Kong-based business jet acquisition, charter and management firm Sino Jet Commercial Aviation Management, which was founded in 2011 by Jenny Lau, who will remain chairman and CEO of Sino Jet. The company manages 15 jets, including large-cabin Gulfstreams and Bombardier Challenger 605s. This is Tsinghua’s second acquisition in the business aviation segment after its majority acquisition last year of Beijing Bear Jet Aviation, which manages several large-cabin Gulfstreams and Bombardier Globals.