Perella Weinberg partners with Infinity Capital to buy transportation assets
January 19, 2010
Infinity Transportation will initially focus on purchasing older rail cars, which are selling cheaply enough to be profitable despite higher ongoing maintenance costs.
/* Style Definitions */
mso-padding-alt:0in 5.4pt 0in 5.4pt;
font-family:"Times New Roman";
The asset-based lending arms of alternative investment firms
Perella Weinberg and Infinity Capital Partners are teaming up to invest $100
million in such transportation assets as railway cars. The joint venture, via a
corporation named Infinity Transportation, is a follow-up by Infinity to a
previous venture, Infinity...
TAKE A FREE TRIAL
The full contents of this article are available to Absolute Return subscribers and trialists only.
To continue reading please, take a free trial, subscribe or log in.
Subscribers have unlimited access to all current and archive content. Start your subscription today - click on the button below.