Maas Capital was acquired by EnTrust Global.
EnTrust Global is a leading alternative asset management firm with approximately USD 20 bn in total assets. The acquisition is the latest expansion of EnTrust's maritime-focused Blue Ocean Group. The Maas Capital Team will continue to manage and expand the portfolio
31 vessels were added to the portfolio in '19 (newbuild and second-hand).
MC co-owns and manages a USD 2.0 bn portfolio of 71 assets in the shipping, intermodal and offshore sectors.
Maas Capital's put in place a new investment strategy with a new team.
In three years , MC transformed into a highly diversified, strong cash flow yielding portfolio.
Maas Capital's key objective was to co-invest with ABN AMRO's clients to facilitate the banks's financing business.
As part of a merger, Maas Capital became part of the ABN AMRO Group.
Maas Capital started in 1990 as part of the Fortis Group.