Maritime finance company Breakwater Capital and new lending fund partner Hayfin Capital Management intend to extend over $0.5bn in finance to the shipping sector in the next one to two years.
The two companies, which announced an “exclusive partnership” this week, expect to grow beyond this over time.
Breakwater, which was set up in 2012 by Andreas Povlsen and former GasLog chief executive Jeppe Jensen, who also heads Celsius Shipping, and Hayfin aim to target quality shipowners and managers with strong strategies and good assets, say the companies.
The
