Wednesday, 27 August 2014
Last updated 5 hours ago
Jan 25 2010 | 7:29am ET
Atlanta-based manager of alternative investment products Infinity Capital Partners and boutique investment bank Perella Weinberg Partners have teamed up to invest as much as $100 million in transportation.
The new strategy capitalizes on one of Infinity’s strengths: The firm’s Infinity Asset Management subsidiary manages a pair of rail-leasing hard-asset funds. IAM, along with some funds within Perella Weinberg's Asset-Based Value Opportunity Strategy, have formed a new joint-venture, Infinity Transportation, which will focus on rail leasing, as well as adding new transportation-related assets to Infinity’s oeuvre.
“This joint venture is the culmination of a long-term vision to extend our highly-successful business model from the rail industry to the broader transportation universe,” Gene Martini, managing member of Infinity Capital, said.
“With this transaction, we are executing on our strategy to acquire high-quality, cash-generating assets at attractive valuations,” David Schiff of Perella Weinberg added. “We are optimistic about transportation-related opportunities and look forward to partnering with the Infinity team on this venture.”
Aug 25 2014 | 11:21am ET
As many of you know, FINalternatives was recently acquired by the owners of Futures magazine, a firm called The Alpha Pages LLC. Today marks the soft-launch of a new sister site for both publications. As its name suggests, The Alpha Pages will cover all types of alternative investments, going far beyond the more well-known ones such as hedge funds and private equity. Read more…
Commodities/Futures magazine launched at the precipice of a revolution in the futures industry—really a revolution in the idea of risk management—that would move it from a small niche industry to ...