Fortis Bank Netherlands and Qatar’s largest investment bank are launching a mezzanine fund to invest into commercial ships.
The fund will add important capital to the industry. The fund will be structured to capture value from the potential asset appreciation of vessels, which its principals feel have been too heavily hammered between tighter credit markets and the general economic downturn.
“Shipping asset values have been disproportionately affected relative to the global economic downturn,” stated Shahzad Shahbaz, CEO of QInvest.
This is only an excerpt of FORTIS Bank Netherlands and QInvest to Form a $200M Shipping Fund
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Tags: · Fortis Bank Netherlands, Qatar, QInvest, Shahzad Shahbaz
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