Easterly Clear Ocean Tranche I Delivers Strong Investor Returns Following Strategic Exit of Remaining Vessels
Easterly Clear Ocean (“ECO” or “the Company”), a maritime investment platform and Strategic Partner of Easterly Asset Management, today announced the successful exit of all vessels in its inaugural investment fund, ECO Tranche I. All remaining vessels were sold in Q2 2026 and will be delivered to buyers by Q3 2026. ECO I is expected to achieve an estimated 63% net Internal Rate of Return (IRR) and an estimated 4.25x net multiple at close, subject to final audit and verification. Since its inception on August 4, 2021, the fund has already delivered a 297% Distributed to Paid-In Capital (DPI) to investors, representing the highest DPI among 2021 vintage buyout funds based on Preqin data. i
Easterly Clear Ocean Announces Launch of ECO V and Close of Tranche IV
Easterly Clear Ocean (“ECO” or “the Company”), a maritime investment platform and Strategic Partner of Easterly Asset Management, today announced the launch of its fifth investment fund, ECO Fleet Holdings V LP (ECO V), and the successful close of its fourth tranche, Easterly Fleet Holdings IV LLC (Tranche IV).
