Alternative assets specialist Advisors & Partners (A&P) announced the completion of the first two transactions in freight rail infrastructure for the Selective European Transportation Equipment Fund.
Both investments, totaling €44 million ($48 million), have funded a well-diversified fleet of car-carrying, intermodal and sliding-door freight wagons, all of which operate along the major railway corridors in Europe.
SETEF operating assets are leased out to logistics operators, railway companies, private and state-owned industrial companies operating SETEF transportation equipment under long-term operational lease agreements, generating long-term, stable lease revenue.
The fund’s investment strategy supports the European Green Deal and the United Nation’s Climate Change Initiatives, helping to decarbonize EU economic flows by promoting and facilitating a modal shift from road freight transport toward more sustainable, environmentally friendly rail and