DUBAI, July 6 (Reuters) - Dubai Aerospace Enterprise is launching a new aircraft leasing co-investment vehicle with Neuberger Specialty Finance that will target investment of around $6 billion over the medium-term and across multiple vehicles, the two companies said in a joint statement on Monday.

Here are some details:

• The new aircraft leasing co-investment vehicle, Mustang Aerospace, will enable managed funds of both DAE and Neuberger's asset-based finance arm to acquire a diverse fleet of aircraft.

• The co-investment vehicle plans to deploy capital steadily "over a long-term period to build Mustang into an entity of significant size and heft."

• The deal comes as the Iran warhas thrown global aviation into turmoil this year, with heavy schedule disruption and provoking a spike in jet fuel prices, compounding earlier challenges for airlines including delays in deliveries by the biggest planemakers.

• The transaction also marks the latest expansion of asset managers into aviation finance, a sector that has attracted growing institutional interest as supply constraints push lease rates higher.

• Mustang has also signed a deal with Goldman Sachs, Mizuho, BNP Paribas, MUFG, Société Générale, and Truist to obtain committed warehouse financing.

• DAE is owned by Dubai's wealth fund ICD. It has a fleet of around 700 aircraft that was valued at $25 billion as of the end of March.