USA: Funds managed by Blue Owl Capital’s Owl Rock division have invested in Amergin Asset Management, which has been formed to invest in a diversified portfolio of wagon and aircraft assets for lease.
Based in Boca Raton, Florida, Amergin is headed by CEO Mark McGreenery; he was previously CEO of rail, aviation, and intermodal asset company Infinity Transportation.
‘The transportation equipment leasing space is an attractive asset class, underpinned by long lived infrastructure-like assets that generate steady cash flows’, said Blue Owl co-founder Craig Packer on August 2. ‘Amergin has the opportunity to generate long duration, uncorrelated returns at scale.’
