Lehman Brothers Financial SA (LEHNQ)

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"Lehman Brothers Asia Pacific (Singapore) PTE. Ltd
Company
Parent organization: Lightfoot Capital Partners
Subsidiaries: Lehman Brothers Asia Holdings ltd, more"

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"GE Acquires Majority Stake in Lightfoot Capital Partners, Arc Terminals


October 24, 2011 [GE] – GE Energy Financial Services, a unit of GE (NYSE: GE), is deploying its capital in critical US infrastructure and expanding into petroleum product terminals by investing $85 million to become a majority owner of Lightfoot Capital Partners, LP (“Lightfoot Capital”).



GE Energy Financial Services purchased a 58 percent interest in New York-based Lightfoot Capital from an investment vehicle managed by an affiliate of Magnetar Capital (“Magnetar Capital”). Lightfoot Capital, in turn, is the majority-owner of Arc Terminals, which operates petroleum product terminals in eight states.

“Our investment in Lightfoot Capital reflects our strategy of pursuing growth platforms in critical US energy infrastructure, working with experienced management in areas we know well,” said Dan Castagnola, a managing director at GE Energy Financial Services in Houston. “We are deploying our capital, expertise and potentially some additional assets to support Lightfoot Capital’s transition into a successful Master Limited Partnership.”"

https://www.tankterminals.com/news_detail.php?id=1466