| Singapore's sovereign wealth fund GIC has taken a 49% stake in München-based electric locomotive leasing company Railpool, joining funds managed by Oaktree Capital Management.
Railpool is ‘a high quality business with a strong track record and a proven business model’, said Stuart Baldwin, Head of Infrastructure at GIC. Founded in 2008, it currently leases 140 locomotives to various European operators and has another 40 on order. Railpool said the deal would enable it to enter into new business areas and selectively make acquisitions...............................................Full Article: Source
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