Duluth Gives Cirrus Massive Hangar, With Job Creation Pledge - AVweb

Here’s an article by Paul Bertorelli that attempts to explain how the Chinese ended up owning Cirrus (and Continental, and…), and in so doing answers your question about an aviation hedge fund and why it (probably) wouldn’t work:

https://www.avweb.com/insider/the-china-chickens-come-home/