AFG rose more than 7% today after the company said it had raised $200 million for its globally diversified transport and infrastructure fund ahead of schedule.
The fund, Allco Global Transport and Infrastructure Fund, (Allco GTI) received the funding from an unnamed ‘large Australian institutional investor’.
Allco has invested in many different offerings, mainly in the property and transport areas:
- Aviation - Allco own 38 commercial jet aircraft, most are on lease to carriers such as Qantas
- Shipping - Allco own 25 shipping vessels.
- Rail - Allco own around 600 railcarts.
- Infrastructure - Ownership of various facilities, including power generation (including wind), waste water treatment, pipelines, port facilities and energy distrbution facilities.
- Property - Ownership of over 30 major properties.
- Funds Management - Over $60billion in debt funding and asset investment
No comments:
Post a Comment