Wabtec Corporation is a global provider of technology-based products and services for the rail and transit industries, as well as the mining, marine, and industrial markets. The company operates primarily through two main business segments: Freight and Transit. In the Freight segment, Wabtec manufactures new and modernized locomotives, offers aftermarket services and parts for existing locomotives, and supplies components for freight cars. The Transit segment focuses on passenger transit vehicles, including the production of new switcher and commuter locomotives. Wabtec also provides rail control and infrastructure products, such as electronics and positive train control equipment. With facilities located worldwide, Wabtec is committed to delivering innovative solutions that enhance the efficiency and reliability of transportation systems.

Eleda Group offers installation and contract services in infrastructure via companies that are local leaders. The Group’s offering is both broad and specialized, ranging from complete contracts and projects to leasing machinery, with a focus on three service areas: Civil Engineering, Transmission Infrastructure and Machinery and Transportation.

American Track Services LLC, established in 2016, specializes in rail inspection, maintenance, repair, design, and construction services for various private installations, including industrial, municipal, and logistics sites. With a heritage in the railroad industry spanning 160 years, the company offers a comprehensive range of services, such as signal installation and maintenance, grade work, road crossing, and commercial asphalt maintenance. Utilizing advanced technologies like computer-aided drafting and GPS survey capabilities, American Track ensures precision and enhanced productivity in its projects. The company is committed to addressing client needs while maintaining safety, compliance, and the operability of railway assets.

Vossloh AG is a German manufacturer specializing in rail infrastructure. The company operates through three primary segments: Customized Modules, Core Components, and Life Cycle Solutions. The Core Components segment is the largest revenue generator, focusing on rail fastening systems and the production of concrete railway ties. The Customized Modules segment is involved in the manufacture, installation, and maintenance of switch systems and monitoring equipment for rail networks. Meanwhile, the Life Cycle Solutions segment addresses the maintenance, tracking, switching, and recycling of old rails. Vossloh also offers digital services that support the entire lifecycle of rails and switches, enhancing operational efficiency and safety in rail transport.

EASME is a European Union executive agency that supports small and medium-sized enterprises and promotes innovation in Europe. It manages projects in the areas of small and medium-sized enterprises, as well as the environment, energy, and maritime sectors, funded by COSME, LIFE, and EMFF. EASME organizes the European Sustainable Energy Week and serves industries such as environmental management, energy production, and maritime activities.

GE Capital, established in 1932, is a global financial services provider headquartered in Norwalk, Connecticut. As a subsidiary of General Electric, it offers a wide array of financial services and products tailored to businesses of all sizes across various industries. These services include commercial loans and leases, equipment financing, debt financing, structured equity, fleet management, and financial programs. GE Capital operates in over 35 countries, serving sectors such as healthcare, manufacturing, energy, aviation, infrastructure, and more. It combines deep industry expertise with global reach to deliver innovative, reliable, and competitively priced financing solutions.

Canadian National Railway is a major transportation company in Canada, providing integrated shipping solutions that encompass rail, intermodal, trucking, freight forwarding, warehousing, and distribution. Its extensive railway network spans from coast to coast across Canada and extends into the United States, reaching Chicago and the Gulf of Mexico. In 2023, Canadian National Railway generated CAD 16.8 billion in revenue, with key revenue streams including intermodal containers, petroleum and chemicals, grain and fertilizers, forest products, metals and minerals, automotive shipments, and coal. The company emphasizes supply chain innovation and collaboration while prioritizing safety for its employees, customers, and the public. Committed to environmental stewardship and community development, Canadian National Railway aims to enhance shareholder value and create a positive workplace environment, ensuring the efficient and cost-effective movement of goods on a global scale.

EQT is a global private equity and infrastructure firm founded in 1994, headquartered in Stockholm, Sweden. It specializes in buyouts, expansion capital, and infrastructure investments, focusing on mid-market companies with strong growth potential. EQT invests across various sectors, including healthcare, technology, services, industrials, and real estate, with a particular emphasis on Northern and Eastern Europe, Asia, and the US. The firm seeks to unlock growth potential in its portfolio companies, positioning them as sustainable market leaders, and typically holds investments for four to eight years. EQT also prioritizes ESG and impact investments in its infrastructure portfolio.

The U.S. Department of Energy is a government agency established in 1977, located in Washington, D.C. Its primary mission is to ensure the security and prosperity of the nation by tackling energy, environmental, and nuclear challenges. The Department focuses on promoting transformative scientific and technological solutions to address these issues, thereby supporting the country's energy needs and environmental sustainability.

Genesee & Wyoming Inc. is a global railroad company that owns and leases freight railroads, specializing in the transportation of a wide range of commodities including agricultural products, chemicals, coal, and intermodal goods. The company operates through three primary segments: North American Operations, Australian Operations, and U.K./European Operations. It manages a diverse portfolio of approximately 120 freight railroads, which includes 104 short line railroads in the United States, along with operations in Canada, Australia, the United Kingdom, Poland, Germany, and the Netherlands, covering around 16,100 miles of track. Additionally, Genesee & Wyoming offers services such as deep sea maritime container operations, bulk haulage, rail services at numerous ports, transload services, and railcar switching and repair for industrial clients. Founded in 1899 and headquartered in Darien, Connecticut, the company emphasizes customer relationships and operational efficiency across its global network.

Alstom is a prominent global player in the fields of power generation, power transmission, and rail infrastructure, recognized for its commitment to innovative and environmentally friendly technologies. The company specializes in developing and marketing systems, equipment, and services for the railway transport sector, including rolling stock, maintenance, modernization services, signaling, and infrastructure. These offerings can be provided separately, bundled, or as fully integrated solutions. Alstom is known for constructing the fastest trains and the highest capacity automated metros globally. Additionally, the company delivers turnkey integrated power plant solutions and associated services across various energy sources such as hydro, nuclear, gas, coal, and wind, with a strong emphasis on smart grid technologies for power transmission. With a workforce of approximately 92,000 employees, Alstom operates in around 100 countries, maintaining a significant presence, particularly in European markets.

Intel Corporation, established in 1968, is a global leader in semiconductor chip manufacturing. The company designs, manufactures, and sells essential technologies for cloud, smart, and connected devices worldwide. Intel operates through various segments, offering platform products like central processing units and chipsets, and non-platform products such as accelerators, connectivity products, and memory and storage solutions. Additionally, Intel provides Internet of Things products and computer vision technology. Serving original equipment manufacturers, original design manufacturers, and cloud service providers, Intel collaborates with other tech giants to advance computing and communications. Intel Capital, the company's strategic investment arm, invests in innovative startups targeting cloud, AI, 5G, and other disruptive technologies. With a workforce of over 100,000 employees globally, Intel is transforming from a PC-centric company to a data-centric one, powering the future of computing and communications.

OmniTRAX, Inc. is a prominent private railroad and transportation management company in North America, specializing in various aspects of logistics and transportation. The company offers a comprehensive range of services, including terminal and switching operations, door-to-door container services, processing, and maintenance. OmniTRAX also manages intermodal facilities, providing essential infrastructure such as ramps and deramps, along with carrier management services. By catering to both small and large clients, OmniTRAX enables organizations to enhance and optimize their supply chain, while also engaging in activities related to railroads, terminals, ports, and industrial real estate.

Hamburger Hafen und Logistik AG (HHLA) is a prominent European port and transport logistics company headquartered in Hamburg, Germany. The company operates three highly efficient container terminals at the Port of Hamburg—Altenwerder, Burchardkai, and Tollerort—as well as a terminal in Odessa. HHLA provides a comprehensive range of cargo handling and transport services across rail, road, and sea, facilitated by its intermodal companies that manage transport networks and hinterland terminals. The Logistics segment offers specialized handling services, digital solutions, and consultancy, while the Real Estate segment focuses on property development, leasing, and management to support urban development initiatives. Through its diversified operations, HHLA plays a critical role in enhancing the efficiency of logistics and transportation in the region.

Shenzhen Capital Group Co., Ltd (SCGC) is a venture capital firm founded in 1999 by the Shenzhen Government. The company is dedicated to fostering national industries, developing national brands, and promoting economic transformation through investments in emerging sectors. SCGC primarily targets small to medium enterprises and innovative high-tech companies, focusing on those in various stages of growth, including startups and those undergoing transformation. Its investment portfolio spans industries that align with national policy support, such as information technology, internet services, new media, biopharmaceuticals, new energy, environmental protection, chemical engineering, and high-end equipment manufacturing. With a registered capital of 5.42 billion RMB and significant assets under management, SCGC has established itself as a leader in the venture capital landscape, having invested in numerous companies, many of which have achieved public listings across global capital markets.

Next47 is a $1.2 billion global venture capital firm, established in 2016 and backed by Siemens AG. Based in Palo Alto, California, with offices in Berlin, Tel Aviv, London, Munich, and Paris, the firm specializes in investing in early-stage enterprise-focused businesses, particularly in software-as-a-service, information technology, artificial intelligence, and other emerging technologies. Next47 leverages its global footprint and Siemens' extensive ecosystem to support and accelerate the growth of its portfolio companies.

Samsung Catalyst Fund, established in 2013, is the corporate venture capital arm of Samsung Electronics based in San Jose, California. The firm focuses on investing in the evolving data economy and strategically aligned innovations for Samsung's mobile, device solutions, and consumer electronics divisions. Its investment areas include Automotive, Robotics, Digital Health, Internet of Things, Artificial Intelligence, Cloud Infrastructure, and Device-Level Solutions. By leveraging Samsung's global brand, manufacturing capabilities, and extensive distribution network, the fund supports entrepreneurs with domain expertise and access to a robust recruiting network, as well as guidance from experienced Innovation Fellows.

BMW i Ventures, established in 2011, is the corporate venture capital arm of BMW Group, headquartered in Mountain View, California. The company invests globally in innovative, high-growth technology startups that align with BMW's current and future business, focusing on areas such as electric mobility, autonomous driving, digitalization, and sustainability across manufacturing, transportation, and services. BMW i Ventures provides series A and B-stage investments, typically ranging from EUR 500,000 to EUR 10 million, to support these companies' growth and ensure real-world impact.

RITES Limited is a Government of India enterprise based in Gurugram, India, specializing in consultancy, engineering, and project management services across various sectors, including railways, highways, airports, ports, and renewable energy. Established in 1974, RITES operates through four main segments: Consultancy Services, Leasing of Railway Rolling Stock and Equipment, Export of Rolling Stock and Equipment, and Turnkey Construction Projects. The company engages in feasibility studies, detailed engineering, project management, and construction supervision, while also providing services in architecture, environmental engineering, and financial management. RITES is committed to technology transfer and collaborates with local firms on international projects to enhance resource utilization. The company primarily serves governments, public sector entities, and private enterprises in India and internationally, with a significant focus on the Asia, Africa, and the United States markets.

Finance Birmingham is an alternative investment fund manager based in Birmingham, United Kingdom, established in 2010. The company specializes in providing affordable and flexible financing solutions to small and medium enterprises across England, aiming to support their growth and development. With a focus on various sectors, including housing, automotive, aerospace, and rail, Finance Birmingham combines expertise from both the private and public sectors to foster innovation and job security. Owned by Birmingham City Council, the organization emphasizes a straightforward and approachable process, ensuring that businesses receive the necessary support to thrive in a competitive environment.

Watco Companies is a transportation services provider that operates across North America and Australia, offering a comprehensive range of solutions to address supply chain challenges. The company integrates multiple modes of transportation, including rail, water, road, and air, to deliver efficient services. Its offerings encompass freight rail, terminal and port operations, transloading, supply chain management, and railcar repair. By focusing on both operational efficiency and cost-effectiveness, Watco Companies aims to meet the diverse transportation-related needs of its clients.

RailWorks Corporation specializes in the construction and maintenance of rail transportation infrastructure across the United States and Canada. The company serves a diverse clientele, including Class I railroads, regional and short-line railroads, transit authorities, and private industries. RailWorks offers a wide range of services, including track installation, maintenance, and rehabilitation, as well as signal and communication systems. Its expertise extends to the design, engineering, testing, and start-up of heavy, commuter, and light rail systems, including automated people movers. Additionally, RailWorks provides construction services for transit facilities, encompassing civil, mechanical, and architectural finishes. Established in 1998 and headquartered in New York, the company operates through two main business units: Track and Transit & Systems, ensuring effective solutions for public transportation, power, and facility management sectors.

African Development Bank (AfDB), established in 1964 and headquartered in Abidjan, Ivory Coast, operates as a multilateral development finance institution. It offers loans, guarantees, risk management products, trade finance, treasury services, equity investments, and technical assistance to support development projects and programs across Africa. AfDB collaborates with national and international institutions to facilitate public and private sector investments aimed at economic growth and social progress. Its concessional financing window, African Development Fund (ADF), provides low-income countries with grants, loans, guarantees, and capacity-building support for poverty reduction initiatives.

Congruent Ventures, established in 2017 and based in Oakland, California, is a venture capital firm specializing in early-stage investments. The company focuses on sectors that drive positive environmental and social impact, including Mobility and Urbanization, Energy Transition, Food and Agriculture, and Sustainable Production & Consumption. Congruent Ventures invests in technology companies across North America that aim to reduce energy and resource consumption, with a preference for impact investments.

Arcadis is a global leader in sustainable design, engineering, and consultancy solutions for natural and built assets, employing over 36,000 professionals across more than 70 countries. The company specializes in various sectors including infrastructure, water, environment, and buildings, providing comprehensive services that encompass the entire lifecycle of construction and environmental projects. Arcadis designs advanced structures, transportation networks, and water supply systems while also offering management services that help clients navigate economic objectives and regulatory challenges. Its focus areas include Places, Mobility, Resilience, and Intelligence, enabling the company to address diverse client needs effectively and contribute to improving quality of life worldwide.

International Finance Corporation (IFC), established in 1956, is a member of the World Bank Group dedicated to fostering private sector development in emerging markets. Headquartered in Washington, D.C., with global offices, IFC provides financial and advisory services to support economic activities across various sectors such as infrastructure, agriculture, manufacturing, and financial services. It invests in both direct equity and debt, as well as fund investments, with a focus on projects that promote sustainable development and inclusive growth. IFC's investment range typically spans from $1 million to $100 million, with a minority equity stake, often up to 20%. It also offers debt financing, with loan sizes up to 25% of total project costs or 50% for expansion projects. IFC's portfolio includes a mix of asset-backed securities, corporate debt securities, government obligations, equity investments, and derivative assets. It aims to exit investments through domestic stock markets, arrangements with project sponsors, or public listings within 7 to 15 years.

Auxo Investment Partners is a private equity firm founded in 2016 and headquartered in Grand Rapids, Michigan, with an additional office in Los Angeles, California. The firm specializes in middle market investments in manufacturing, industrial, and business services sectors across North America. Auxo focuses on companies with EBITDA ranging from $1.5 million to $15 million, targeting owner-operators seeking retirement solutions or teams looking to expand their businesses. The firm typically prefers majority-control investments but is open to select minority-partner opportunities. By investing in companies at pivotal moments, Auxo aims to enhance their potential through the implementation of infrastructure, processes, and talent.

Tech Square Ventures, established in 2014, is a venture capital firm based in Atlanta, Georgia. It specializes in seed-stage and early-stage investments, focusing on technology companies with a particular interest in enterprise (B2B), marketplace technology, and technology-enabled service sectors. The firm invests in companies across the United States, with a typical investment size ranging from $0.25 million to $0.5 million. Tech Square Ventures also considers co-investments and university research spinoffs with defensible intellectual property.

The Timken Company is a global manufacturer that specializes in engineering, producing, and marketing a wide range of bearings, gearboxes, transmissions, chains, and related products. Renowned for its expertise in tapered roller bearings, Timken leverages advanced knowledge in metallurgy and power transmission to enhance the reliability and efficiency of various machinery and equipment. The company's diverse product portfolio includes tapered, spherical, and cylindrical roller bearings, as well as thrust and ball bearings, which are distributed through authorized dealers and directly to original equipment manufacturers. Timken serves multiple end-market sectors, including general industrial, automotive, rail, energy, heavy truck, defense, agriculture, and civil aerospace, among others. The company operates primarily in the United States, with its business structured into two main segments: Engineered Bearings and Industrial Motion.

Ricardo is a global consultancy and niche manufacturer based in Shoreham-By-Sea, United Kingdom, established in 1915. The company specializes in providing strategic, technical, and environmental consulting services, employing over 2,100 professional engineers, consultants, and scientists. Ricardo focuses on delivering innovative solutions across various sectors, including mobility, energy, infrastructure, defense, rail, motorcycle, and future transportation. Its expertise encompasses market intelligence, operational strategy, product development, and environmental forecasting and impact analysis. Additionally, Ricardo is known for its high-performance products related to engine, transmission, vehicle, hybrid, and electrical systems, positioning itself as a leader in class-leading innovation within its core areas of specialization.

Hallcon is a prominent provider of specialty outsourced services tailored for the railway and transit sectors in North America. The company specializes in crew transportation solutions, as well as comprehensive cleaning and attendant services for transit vehicles and stations. In addition to these services, Hallcon offers airport parking, rental car shuttles, and university transportation options. By delivering safe, reliable, and cost-effective solutions, Hallcon enables its clients to enhance health and safety standards while improving rider satisfaction. The company's commitment to innovation and consistency positions it as a key player in the transportation services industry.

Bank of America Corporation, established in 1784, is a global financial services company headquartered in Charlotte, North Carolina. It offers a wide array of banking and financial products and services to individual consumers, small- and middle-market businesses, large corporations, and governments worldwide. The company operates through four segments: Consumer Banking, Global Wealth & Investment Management, Global Banking, and Global Markets. These segments provide services such as savings and checking accounts, credit and debit cards, mortgages, investment management, wealth management, lending, treasury solutions, debt and equity underwriting, and market-making services. As of May 2020, Bank of America served approximately 66 million consumer and small business clients through its retail financial centers, ATMs, and digital banking platforms.

Greenbriar Equity Group, established in 1999, is a private equity firm headquartered in Greenwich, Connecticut. The company specializes in investing across the global transportation industry, with a focus on logistics, specialty distribution, business services, advanced manufacturing, and industrial sectors. Greenbriar typically invests between $75 million to $175 million in companies with enterprise values ranging from $100 million to $1 billion, targeting both public and private companies in the United States.

Anthos Capital, established in 2007, is a Santa Monica, California-based venture capital firm. It invests in early-stage consumer and technology companies across the United States, focusing on emerging trends and innovative products or services. Anthos provides strategic and operational support to its portfolio companies, helping them achieve their full potential and become industry leaders.

Riot Ventures, established in 2017, is a venture capital firm headquartered in Boston, Massachusetts, with an additional office in Los Angeles, California. The firm specializes in early-stage investments, typically ranging from $0.5 million to $10 million, focusing on deep technology sectors such as hardware, software, enterprise, industrial, and security, with a particular interest in artificial intelligence, machine learning, and robotics. Riot Ventures invests at the pre-seed, seed, and early-stage levels, supporting companies across the United States.

Custom Truck One Source, based in Kansas City and established in 1996 by the Ross family, is a leading provider of specialty equipment across various sectors including electric utility transmission and distribution, forestry, telecommunications, waste management, rail, and infrastructure in North America. As the largest independent truck dealer and body builder in the United States, the company operates nine facilities that specialize in the design, engineering, fabrication, parts, service, sales, and rental of a diverse range of equipment. Custom Truck One Source offers comprehensive solutions through its Equipment Rental Solutions, Truck and Equipment Sales, and Aftermarket Parts and Services segments, with the majority of its revenue generated from equipment sales. Known for its innovative contributions to the industry, the company has introduced features such as wireless remote controls and off-road axle configurations, solidifying its reputation for excellence in equipment solutions.

SilverRail, established in 2009 and headquartered in London, UK, specializes in digital infrastructure for the rail industry. Its platform connects rail carriers and suppliers with travel distributors, offering a comprehensive customer experience from journey planning to ticketing. This includes inventory management, scheduling, pricing, booking, payment, and administration, facilitating seamless global rail access.

Union Pacific Corporation, headquartered in Omaha, Nebraska, is the largest public railroad in North America, operating the Union Pacific Railroad. It manages a vast network of over 31,800 route miles across 23 states, primarily in the western two-thirds of the United States. The company provides essential transportation services for a diverse range of goods, including agricultural products, coal, industrial chemicals, and automotive goods. In 2023, Union Pacific generated $24 billion in revenue by hauling freight, which also includes intermodal containers and construction materials. The company has expanded through acquisitions of several railroads and holds a 26% stake in the Mexican railroad Ferromex, which contributes approximately 10% of its revenue by facilitating cross-border freight movements.

Koppers Holdings is a prominent integrated producer of carbon compounds and treated wood products, catering to various industries including aluminum, steel, chemicals, rubber, railroad, and utilities. Headquartered in Pittsburgh, Pennsylvania, the company operates multiple manufacturing facilities across the United States, Canada, the United Kingdom, Denmark, the Netherlands, Australia, and China. Koppers is organized into three main segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its diverse product range includes treated and untreated wood products, such as crossties for railroads, along with wood preservation chemicals and carbon compounds like creosote. Koppers Performance Chemicals focuses on innovative methods for pressure treating lumber, serving critical sectors such as residential construction, commercial building, and agriculture. The company emphasizes its role as a vital supplier to essential industries, providing solutions that meet stringent construction and safety standards.

Stone Canyon Industries, established in 2014, is a Los Angeles-based private equity firm that invests in market-leading companies across commercial products, commercial services, and manufacturing sectors. The firm's strategy involves partnering with exceptional management teams to drive growth and achieve long-term capital appreciation, utilizing a patient capital approach.

Hitachi Rail is a global provider of integrated rail solutions, headquartered in London, United Kingdom. The company specializes in manufacturing and supplying a wide range of railway products, including metro, commuter, and high-speed rolling stock. It offers comprehensive services that encompass signalling, traffic management, maintenance, and digital technology. Hitachi Rail's extensive capabilities allow it to deliver turnkey projects, leveraging advanced technology and research and development from the larger Hitachi Group. The company's mission focuses on enhancing societal well-being through innovative rail transport solutions that promote sustainable railway systems. Notable achievements include the development of renowned high-speed trains and advanced signalling solutions, underscoring its commitment to delivering value and efficiency to customers.

GATX Corporation, founded in 1898 and headquartered in Chicago, Illinois, is a global leader in railcar leasing and asset management. The company operates through four main segments: Rail North America, Rail International, American Steamship Company, and Portfolio Management. GATX specializes in leasing tank and freight railcars as well as locomotives, serving various industries including petroleum, chemicals, agriculture, and transportation. It also provides maintenance and regulatory compliance services for railcars, including cleaning, repairs, and safety inspections. Additionally, GATX manages a fleet of US-flagged vessels on the Great Lakes, offering transportation services for bulk commodities such as iron ore and coal. The company's extensive portfolio includes assets in North America, Europe, and Asia, demonstrating its commitment to providing efficient solutions across diverse markets.

Bentley Systems, Incorporated is a software company that specializes in infrastructure engineering solutions for design, construction, and operations. Founded in 1984 and headquartered in Exton, Pennsylvania, Bentley develops a range of applications, including MicroStation for modeling and visualization, ProjectWise for project information management, and AssetWise for asset management. The company also offers PlantSight, which enhances plant operations, and SYNCHRO XR for interactive digital construction modeling. Bentley's offerings extend to cloud-based solutions like iModelHub, OpenSite Designer for civil site development, and iModel.js for infrastructure digital twins. Targeting engineers, architects, contractors, and geospatial professionals, Bentley provides comprehensive services, including implementation, consulting, and managed services. With a significant portion of its revenue generated internationally, Bentley Systems is recognized for its expertise in specialized fields such as bridge and rail design, distinguishing itself from broader competitors in the market.

Thales Group is a global technology leader operating in the Aerospace, Transportation, Defense, and Security sectors. With a workforce of approximately 65,000 employees and a presence in 56 countries, the company generated revenues of EUR 14.2 billion in 2013. Thales excels in designing and deploying advanced systems and services tailored to meet complex security needs. Its Ground Transportation Systems division specializes in rail signaling, train control systems, telecommunications, and fare collection solutions, promoting sustainable mobility. Additionally, Thales Defense & Security provides a range of defense communications equipment and software, serving various markets including ground, airborne, and naval applications. The company offers solutions such as advanced sonar systems, air traffic management, and electronic warfare technologies, and operates as a U.S. proxy for government projects, supporting strategic defense partnerships. With a strong emphasis on innovation, Thales leverages the expertise of its 25,000 engineers and researchers to deliver cutting-edge technology solutions worldwide.

Cowin Capital, established in 2000, is a Shenzhen-based private equity firm specializing in early-stage investments. With 18 years of experience, it focuses on supporting the growth of small and medium enterprises, primarily in the energy, communication, electronics, and environmental protection sectors. Cowin Capital takes a long-term approach, aiming to create value through strategic partnerships and operational support. It has successfully invested in over 300 companies, with 60 becoming publicly listed and 150 achieving successful exits. Notably, Cowin Capital was one of the first venture capital institutions to be listed on the New Third Board (NEEQ) in China.

Keolis is a prominent public transport operator active in 12 countries, including France, the United Kingdom, Sweden, Australia, Germany, Belgium, Denmark, Norway, the Netherlands, Canada, Portugal, and the USA. The company designs and manages diverse transport systems tailored to local needs, encompassing buses, trams, underground trains, and innovative mobility solutions such as bike-sharing, car-sharing, and parking services. Keolis provides a comprehensive range of services across various modes of transport, which include intercity and suburban passenger rail services, school buses, and coach services. With a workforce of approximately 47,200 employees, the company operates over 80 urban networks in France and is a key player in multiple rail franchises in the UK. Its Australian subsidiary manages the Yarra Trams system in Melbourne, the largest tram network globally. Keolis emphasizes the development of multi-modal transport solutions, enhancing accessibility for passengers, including those with reduced mobility.

InfraRed Capital Partners, established in 1995, is a London-based investment management firm specializing in infrastructure and real estate. It focuses on Public Private Partnerships, primarily investing in office, retail, and residential properties, as well as operational assets like onshore wind farms and solar parks. Geographically, the firm concentrates on the United States, Australia, Canada, China, Chile, the United Kingdom, and Northern Europe. In Australia, it prefers road, rail, and hospital sectors. With over 120 professionals and offices in London, Hong Kong, New York, Sydney, and Paris, InfraRed manages approximately US$9 billion in equity capital across multiple funds for global institutional investors. As of 2020, it operates as a subsidiary of SLC Management.

The Greenbrier Companies headquartered in Lake Oswego, Oregon, is a international supplier of equipment and services to the freight rail transportation markets. They is a designers, manufacturers and marketers of railroad freight car equipment in North America and Europe. They manufacture railcars in Brazil and are a manufacturer and marketer of marine barges in North America. Through their European manufacturing operations, they also deliver railcars for the Saudi Arabian market. They are a leading provider of wheel services, parts, leasing and other services to the railroad and related transportation industries in North America and a provider of railcar repair, refurbishment and retrofitting services in North America. Through other unconsolidated affiliates they produce rail and industrial castings, tank heads and other components. They operate an integrated business model in North America that combines freight car manufacturing, wheel services, repair, refurbishment, retrofitting, component parts, leasing and fleet management services. Their model is designed to provide customers with a comprehensive set of freight car solutions utilizing their substantial engineering, mechanical and technical capabilities as well as their experienced commercial personnel. They believe their integrated model is difficult to duplicate and provides greater value for their customers.

FlixBus, operated by FlixMobility, is a notable provider of intercity travel, focusing on affordable, convenient, and environmentally-friendly transportation solutions. Since its inception in 2013, the company has established Europe's largest long-distance bus network and introduced green long-distance trains in 2018, alongside a pilot for all-electric buses in Germany and France. The platform offers travelers a sustainable alternative to private transportation, featuring amenities such as free WiFi, flexible online booking, and innovative ticketing systems. FlixBus also expanded its services to the United States in 2018, bringing its unique travel model to a broader audience. By collaborating with regional bus partners and private train companies, FlixMobility combines technological innovation with traditional transportation expertise, positioning itself as a leader in the evolving mobility landscape. As a result, FlixBus has transformed the travel experience for over 100 million people across Europe and the United States while contributing to job creation in the mobility sector.

IL&FS Transportation Networks Limited, founded in 2000 and based in Mumbai, is a subsidiary of Infrastructure Leasing and Financial Services Limited. The company specializes in developing, operating, and maintaining surface transportation infrastructure projects across India and internationally. Its portfolio includes highways, flyovers, bridges, metro rail systems, city bus services, and border check posts. As the largest Build-Operate-Transfer (BOT) road asset owner in India, IL&FS Transportation manages approximately 13,100 lane kilometers of road networks. Additionally, the company has expanded its reach beyond India, with operations in Spain, Portugal, and Latin America through its acquisition of Elsamex S.A., which focuses on highway operations and maintenance. IL&FS Transportation also provides toll collection services and advisory services related to road sector projects.