EnTrust Global Closes Acquisition of Maas Capital Shipping from ABN AMRO.

MANews-(C)2009-2021

US-based investment strategy The Blue Ocean strategy, managed by alternative asset management firm EnTrust Global, has completed the acquisition of shipping equity investor Maas Capital Shipping B.V. from ABN AMRO, the firm said.

Since its inception in the late 1990s, the Maas Capital platform has deployed close to USD 1bn in equity maritime investments and is currently one of the world's leading institutional shipping equity investors.

The acquired portfolio includes a diversified portfolio of 15 equity joint venture investments, consisting of a fleet of 76 high-quality vessels within the product/chemical tanker, dry bulk, LPG, container, and offshore services segments.

In addition, the portfolio includes an equity stake in a growing intermodal business which leases out container boxes.

The acquisition is the latest expansion of EnTrust's maritime finance strategy, Blue Ocean, which is part of the firm's broader maritime-focused Blue Ocean Group.

As part of the transaction, EnTrust has engaged...

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