AmericasContainersFinance and Insurance

American asset manager raises funds for boxship acquisitions

Photo of Sam Chambers Sam ChambersJune 21, 2023
748 Less than a minute

Greywolf Capital Management , an American asset manager, has raised $120m for a new Containership Opportunities Fund II, according to Alphaliner.

The new fund will focus on the opportunistic purchase of commercial ships leased to major container shipping companies.

It follows on from an earlier fund, Greywolf Containership Opportunities Fund I, which closed for new investment in December 2020. Greywolf currently manages investments in 22 boxships.

Founded 20 years ago, Greywolf today has around $4bn in assets under management.

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Photo of Sam Chambers Sam ChambersJune 21, 2023
748 Less than a minute
Photo of Sam Chambers

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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