Perella Weinberg partners with Infinity Capital to buy transportation assets

Tue Jan 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.


Normal 0 false false false MicrosoftInternetExplorer4 st1\:*{behavior:url(#ieooui) } /* Style Definitions */ table.MsoNormalTable {mso-style-name:"Table Normal"; mso-tstyle-rowband-size:0; mso-tstyle-colband-size:0; mso-style-noshow:yes; mso-style-parent:""; mso-padding-alt:0in 5.4pt 0in 5.4pt; mso-para-margin:0in; mso-para-margin-bottom:.0001pt; mso-pagination:widow-orphan; font-size:10.0pt; font-family:"Times New Roman"; mso-ansi-language:#0400; mso-fareast-language:#0400; mso-bidi-language:#0400;} 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...

ISSN: 2151-1845 / CDC10004H

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