American Industrial Partners

Oaktree takes a stake in Rand Logistics

Private equity firm American Industrial Partners (AIP) has agreed to sell what it calls “a significant minority stake” in Great Lakes operator Rand Logistics to funds managed by Oaktree Capital Management’s Transportation

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Rand Logistics files for Chapter 11 bankruptcy

JANUARY 31, 2018 — In a filing with the SEC yesterday, Great Lakes operator Rand Logistics, Inc. (OTCMKT: RLOG) reported that, along with certain of its U.S. subsidiaries, it had filed voluntary