It is no coincidence that the first KG (limited partnership) fund to be launched by a leading German financier in several years will be in the multipurpose (MPP) sector.
The move by Oltmann Gruppe reflects the sector's improving outlook and growing confidence in retail investors.
The Leer-based ship investor will issue a mutual fund attached to the 5,000-dwt Bootes (built 2018), the second in a series of four MPP vessels operated by Briese Chartering.
