Rail First Asset Management

Rail First Asset Management (RailFirst), formerly known as CFCL Australia (CFCLA), is an Australian rolling stock leasing company operating in the rail freight market. It leases assets to a number of private rail operators, predominantly on the defined interstate rail network.

Though primarily based in New South Wales, RailFirst's assets can be found operating in most Australian states and with all major train operating companies. It has rolling stock on both long-term lease to those companies as well as assets that are available for spot hire. It is owned by DIF Capital Partners and Amber Infrastructure.