Oaktree Capital Management, an American private equity, agreed to invest €205m ($248m) in MFD Rail, a Swiss freight company. “MFD Rail is very proud of the financing partnership we have developed with KfW IPEX-Bank and Oaktree, which is one of the most prestigious partners in the area of lending and private equity. Both companies also have in-depth knowledge of the railway industry. As a start-up company, we are therefore extremely well capitalised, underscoring not only our ambitious growth plans, but also making them possible in the first place,” Markus Basler, MFD Rail Group CFO.