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Arcapita establishes transportation investment vehicle MRH Holdings31/07/2008. Source: AltAssets. 
 Bahrain-headquartered investment firm Arcapita Bank has established MRH Holdings, a diversified transportation holding company targeting acquisitions across modes such as truck, rail and marine.
The new company will be internally funded by Arcapita, and expects to make investments totalling between $1bn and $1.5bn, according to the firm.
MRH will be led by Mark R Holden, former president and CEO of integrated marine transportation and service company American Commercial Lines.
He will be joined by Richard A Mitchell Jr, who will take up the roles of senior vice president and CFO. Previously, he was senior vice president of corporate strategy for American Commercial Lines.
Ransom James, director, Arcapita, said, 'This is a sector where we foresee considerable growth opportunities. Mark Holden and Rich Mitchell bring both experience and a successful track record, and we look forward to reviewing opportunities in this space with them.'
Earlier this month, Arcapita, as part of a joint venture with Colossus Holdings, acquired Honiton Energy Holdings, a developer and operator of wind power generation facilities in China.
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