M&G Prudential – the UK and European savings and investment business of Prudential – has added a UK rail operator to its private assets portfolio.
GB Railfreight Limited, the country’s third largest rail freight operator, is the fourth investment made by the firm’s Infracapital Partners III fund, which has raised and managed over £5 billion of unlisted equity in infrastructure companies for institutional clients.
Infracapital is acquiring the asset from EQT Infrastructure, a global investment company, for an undisclosed amount.
The rail operator provides freight and non-freight haulage services to customers across a number of UK industries.
M&G Prudential claims to be one of Europe’s largest investors in private assets with a portfolio of £60 billion across infrastructure, real estate, private debt and other real assets.
©2019 funds europe
