AmericasEuropeFinance and Insurance

EnTrust Global buys Maas Capital from ABN AMRO

Dutch bank ABN AMRO has agreed to sell Maas Capital to fast-growing America’s EnTrust Global.

Maas Capital’s portfolio consists of 15 controlling and non-controlling stakes in shipping, intermodal and offshore services related assets.

The sale accelerates the wind-down of the bank’s non-core activities, as announced in August 2020.

Gregg Hymowitz is the chairman and CEO of EnTrust Global. EnTrust Global’s total assets are now worth around $20bn. Hymowitz co-founded the company in 1997 after a long career with Goldman Sachs. Among Hymowitz’s key executives working on the shipping side of the business are Julian Proctor and Svein Engh.

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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