NEWS & VIEWS

Global private equity and venture capital news and research

Perella Weinberg seeks exit from Flagship Rail Service

16 Sep 2013

US investment firm Perella Weinberg Partners is seeking to offload railcar leasing and servicing company Flagship Rail Service, hiring Macquarie to explore a potential sale.

The firm paid $600m to acquire the company from AIG in 2011, Reuters reported.

The investment was made by the firm’s $2.1bn Perella Weinberg Asset Based Value vehicle, which focuses on asset-based investments, including financial assets such as auto, franchisee, commercial and industrial loans; auto dealer floorplan financing; and royalty streams associated with intangible property; and real assets such as residential and commercial real estate, railcars, ships, energy royalties and related assets, aircraft, large ticket equipment and infrastructure.

Copyright © 2013 AltAssets

FUNDRAISING & INVESTOR RELATIONS


Legals & Terms of UsePrivacy Policy


AltAssets is registered as a trademark of Investor Networks Limited (06695690).
Registered Office: Zetland House, 5-25 Scrutton St, London EC2A 4HJ
Content is © AltAssets 2000-2014