AIMCo, Allianz and Hastings join forces to acquire Porterbrook
An investor group made up of Alberta Investment Management Corp (AIMCo), Allianz Capital Partners and Hastings Funds Management has agreed to purchase Porterbrook Rail Finance Ltd, a rolling stock leasing company based in the United Kingdom. The financial details of the acquisition, which is expected to close this month, were not published. Porterbrook said the partnership with AIMCo, Allianz and Hastings would support its next phase of growth in the rail industry. Based in Edmonton, Alberta, AIMCo manages an investment portfolio totaling $80 billion.
14 October 2014•3 mins read
