DIF Capital Partners, an independent infrastructure fund manager, completed the acquisition of a 49% stake in Touax Rail, a French operational rail equipment leasing company, for $97m. "We are very delighted to have DIF Capital Partners as partner to accompany the development of our long term leasing activities of freight wagons in Europe & Asia. With this transaction, Touax Rail Limited will strengthen its position in the market," Fabrice Walewski, Touax General Partner and CEO.