bnb european ports investments

Not sure of the relevance of the following, but thought I would share it and see if anyone can join the dots...

I have an investment in the Everest Alternative Investment Trust (previously EBI). It has an investment in Babcock & Brown European Ports Investments. I'm not sure if it specifically relates to BBI's investments, but it is a mezzanine loan and they are not expecting to be fully repaid, thus not a good picture for equity holders in the ports.

Description: Mezzanine loan to a special purpose vehicle used to finance the acquisition of two European ports.

Status: Like many assets around the world reliant on GDP growth and 'traffic' to drive revenues, this asset has underperformed in recent months. The combination of macro-economic drivers, ASSET UNDERPERFORMANCE and co-investor specific considerations mean that it is likely that THE INVESTMENT WILL NOT BE REALISED as originally contemplated.