APG and PGGM to acquire a 21% stake in Alpha Trains from AMP Capital and PSP Investments.

APG, an investment management firm, and PGGM, a provider of pension administration services, agreed to acquire a 21% stake in Alpha Trains, an operator of a train leasing company in Luxembourg, from AMP Capital, a global investment manager, and PSP Investments, a pension investment manager. Financial terms were not disclosed. “Alpha Trains continues to be the leading Continental European rolling stock lessor and our resilience through 2020 highlights the strength of our business. I would like to thank AMP Capital and PSP Investments, our two exiting shareholders, for their support over the last 12 years and I look forward to working with our new shareholders, APG and PGGM Infrastructure Fund, alongside existing shareholder Arcus, to continue to grow and develop the Alpha Trains business," Shaun Mills, Alpha Trains CEO.