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DIF Capital Partners to divest freight rail portfolio
Transactions - FEBRUARY 7, 2023

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DIF Capital Partners to divest freight rail portfolio

by Kali Persall

DIF Capital Partners has signed an agreement with Wascosa, an asset manager of freight wagons, to divest its Rota Rail II portfolio consisting of 564 rail freight wagons.

The assets are an investment of DIF’s core-plus CIF I fund, which invests in small- to- mid-sized companies that will thrive in the new economy. These companies are typically active in the digital, energy transition and sustainable transportation sector.

DIF acquired and grew the Rota Rail II portfolio to its current size between 2019 and 2021 and upgraded some of the railcars to ensure their compliance with the highest safety standards. The portfolio proved to be resilient throughout COVID and continued to perform well despite an uncertain political and macroeconomic environment.

“We have taken the opportunity to make an early sale in the fund life of DIF CIF I by tapping into the favorable market for high-quality European rail cars,” said Andrew Freeman, partner and head of exits at DIF

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