Tufton’s Asset-backed Investments group (“ABI”) manages private maritime investments for major European pension funds and other clients.
As at 30 September 2016, ABI had c. US$0.9 billion of assets under management and there were 60 vessels owned by vehicles managed or advised by ABI. Additionally, funds managed by ABI are major investors in Gram Car Carriers Holdings and in Hafnia Tankers.
ABI has extensive relationships across the shipping industry and has a wide origination network, which includes small to large sellers and charterers.
ABI includes an asset management company, Oceanic Marine Management (“OMM”), which appoints and supervises technical and commercial managers for the vessels owned by vehicles managed or advised by ABI. Additionally, OMM provides a growing suite of services directly to the ships when this can be done more cost efficiently than through third party managers.