Alterna Capital Partners and Western Bulk form JV

Connecticut based private equity firm Alterna Capital Partners continues the slow but increasingly steady entrance into shipping of private equity with a joint venture with handy and supramax bulk specialists Western Bulk. AMA Capital’s Rolf Wikborg is on the board of Western Bulk. Alterna’s shipping expertise is supported by well known ship finance professional Steve Serepca. Alterna’s Managing Partner, Jim Furnivall, expressed strong confidence that the marriage between Alterna’s capital and Western Bulk’s operating expertise would lead to “sustainable, long term success.”

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