Announced
Financials
Tags
Norway
alternative investment
Infrastructure Funds
Acquisition
Cross Border
Majority
Private
Private Equity
Pending
Friendly
Single Bidder
Synopsis
EnTrust Global, an alternative asset management firm, agreed to acquire Offshore Merchant Partners, an alternative investment fund manager in the maritime and energy industries. Financial terms were not disclosed. “Following the successful acquisition of Maas Capital in 2021, the pending OMP acquisition is another outcome of the Blue Ocean team’s ability to execute sizeable and complex transactions. These acquisitions and strong organic growth have resulted in the deployment of around $4bn since the inception of EnTrust Global’s Blue Ocean Strategy,” Svein Engh, EnTrust Global Senior Managing Director and Portfolio Manager of the Blue Ocean Funds.
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