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.”