Jan. 6 (Bloomberg) -- American International Group Inc. has hired Kenneth Moelis to find a buyer for International Lease Finance Corp., the Daily Telegraph reported, without saying where it got its information.

Moelis & Co., the former UBS AG investment banking president’s boutique advisory firm, has been chosen to advise on the sale of ILFC, which may fetch around $8 billion to $10 billion, the newspaper said. Blackstone Group LP is also advising AIG, though its focus is advising the insurance group on a broad range of disposals, the Telegraph said.

To contact the reporter on this story: Colin Keatinge at ckeatinge@bloomberg.net

Last Updated: January 5, 2009 22:05 EST