GIC acquired a 49% stake in Railpool from Oaktree.

GIC, Singapore’s sovereign wealth fund, acquired a 49% stake in Railpool, one of the leading European leasing companies for electric locomotives, from Oaktree. “We are confident that we are now ideally positioned to capture the full potential the rolling stock leasing market offers. Oaktree gave us the possibility to upgrade our operations and successfully grow our business while the additional investment of GIC is now securing the continuation of locomotive fleet expansion as well as investing in other growth markets. We are glad to have these two very strong shareholders supporting us in our next phase of development” Torsten Lehnert, CEO at Railpool says.