Germany’s Buss Group has pulled off the biggest container fund sale ever, banking $550m from largely US institutional investors.
The Hamburg investor and shipowner said 417,000 cost equivalent units (ceu), or 290,000 teu, were offloaded through the sale of five funds overseen by Buss Capital Invest (BCI).
A total of 9,300 investors in the funds will receive payouts of around €147m ($168m).
