KKR, a leading global investment firm, announced the launch of Galaxy Container Solutions, a global marine container leasing and financing platform, in partnership with a team of industry veterans.
Galaxy will be owned by KKR-managed credit funds and accounts, which are committing US$500 million to the Company via KKR’s Asset-Based Finance strategy.
Galaxy will provide a full suite of container leasing and financing solutions to shipping companies worldwide, enabling flexible, capital-efficient access to the container fleets that keep global trade moving.
Supported by KKR’s stable capital base and a management team with decades of experience, the Company is well positioned to meet customer needs for fleet growth and balance sheet optimization.
Galaxy is helmed by Chief Executive Officer Jeffrey Gannon and Chief Operating Officer Adrian Dunner, who have successfully launched and scaled multiple container leasing companies.
Most recently, Mr. Gannon and Mr. Dunner co-founded and led Global Container International, the 7th largest lessor of marine containers globally at the time of its sale to Triton International.
Jeffrey Gannon, CEO of Galaxy Container Solutions, said that this is an ideal moment to launch Galaxy, as market dynamics like lessor consolidation and sustained demand are creating real opportunities for new entrants.
Daniel Pietrzak, Partner and Global Head of Private Credit at KKR, added that Galaxy represents an exciting expansion of their Asset-Based Finance strategy into the container leasing sector, which offers attractive downside-protected investment opportunities backed by essential global trade infrastructure.
KKR established its ABF strategy in 2016 and has since grown the platform significantly, with more than US$75 billion in ABF assets under management and a team of approximately 50 ABF professionals globally.
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