Astra Asset Management, a European alternative credit manager and private credit manager, has been selected as the exclusive financing partner to Harland & Wolff, the operator of one of Europe’s largest dry docks in Belfast, Northern Ireland.
Over its 161-year history, Harland & Wolff has been at the forefront of the UK’s offshore and maritime engineering industry. Some of its heritage works include the construction of HMS Britannia and the Myrina; the first UK-made supertanker.
Astra’s executive management team, led by its Founder and CIO, Anish Mathur, will support Harland & Wolff’s strategic growth plans, with the partnership is expected to lead to job creation and apprenticeships as Harland & Wolff continues to focus on opportunities across five markets: commercial, cruise and ferry, defence, oil and gas and renewables.
