The fund which currently owns Condor, Macquarie European Investment Fund 2, was a closed-ended fund and its term finished in May.
Condor has confirmed that Macquarie has recently received some interest from infrastructure investment parties following a transaction last summer of a similar ferry operator asset on the south coast.
Macquarie, an Australia-based financial group, manage the fund. They stated earlier this year their intention that Condor would be sold in the next 18 months, as the fund divested itself of its asset portfolio.
Paul Luxon, chief executive of Condor Ferries, said: ‘Condor is a Guernsey-based company so any change in shareholding remains separate from the board and management running of the business. Our shareholder will decide on its ownership term and timing of any sale process.
‘For us, in the meantime it is simply business as usual. As we enter the busiest time of the year we are focused on linking the UK, the Channel Islands and France across the three strands of essential freight, resident and visitor travel.’
The first Macquarie European Infrastructure Fund originally owned Wightlink Ferries, the cross-Solent service. That was sold to Basalt Infrastructure, formerly Balfour Beatty Infrastructure Partners LP, in 2015.
Last year, the other Isle of Wight ferry service, Red Funnel, was sold by Infracapital to a consortium of British and Canadian pension schemes led by the West Midland Pensions Fund and the Workplace Safety and Insurance Board of the Province of Ontario.
