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New fund raises millions for shipping and offshore

Fleetscape, a new shipping entity under equity fund Oaktree Capital, has raised USD 400 million for the maritime industry, reveals the company, which is the latest alternative source of financing to emerge in the sector.
Photo: Hyundai Merchant Marine
Photo: Hyundai Merchant Marine
by KATRINE GRØNVALD RAUN

Fleetscape Capital Holdings has raised USD 400 million in the first round, states the fund, which is backed by US equity fund Oaktree Capital and describes itself as an alternative source of capital for the maritime industry.

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