Perella Fund Looks To Sell Rail Leasing Company - Sources

wochit business
September 13, 2013 AT 5:25 AM
A fund managed by Perella Weinberg Partners LP is looking to sell its rail car leasing business in North America. The Perella Weinberg Asset Based Value strategy bought the business, which is now called Flagship Rail Services LLC, in 2011 from insurer AIG. That deal was valued at around $600 million.