Montan Alternative Investment is targeting a EUR70 million second close at the end of October for its distressed shipping fund. The Vilmaris Fund will buy up container ships and bulk carriers. It listed on the Hamburg Stock Exchange on June 26… The firm is aiming to build a diversified portfolio of seven-to-10 ships by the end of 2010. London startup Capstan Capital Partners will help to distribute the fund.
Montan Eyes Second Close For Distressed Shipping Fund