A.P. Moller Capital announces new investors in second fund
A.P. Moller Capital’s latest offering targets critical infrastructure investments in growth markets.
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A.P. Moller Capital has welcomed new investors to its Emerging Markets Infrastructure Fund II, including the German development financier DEG, the International Finance Corporation (IFC), and the Asian Infrastructure Investment Bank (AIIB). This group joins other institutional investors from Europe, the UAE and Asia.
A.P. Moller Capital’s latest offering targets critical infrastructure investments in growth markets where the infrastructure funding gap is most profound, and which benefit from macroeconomic tailwinds driven by demographics, nearshoring trends, and changes in trade patterns.
Investments are expected to provide food security, resolve local logistical bottlenecks and generate green electricity.
The fund is expected to be split evenly between South/South East Asia and Africa and will predominately focus on onshore transport infrastructure (ports and storage, roads and rail, warehouses and distribution). Investments have already been made in three assets.
“The partnership with these three entities is an excellent opportunity to further our ethos of ‘doing well while doing good’ as we look to increase sustainable investments in transport and green energy in high growth markets in Asia and Africa,” said Kim Fejfer, managing partner and CEO at A.P. Moller Capital. “We have made it a priority to work with partners who are as invested as we are to build sustainable businesses that seek to support society through economic and social development.”
This offering is the second fund brought to market by A.P. Moller Capital following the Africa Infrastructure Fund in 2017. The Africa Infrastructure Fund is invested in 13 assets in nine countries on the African continent with 60% invested in transport infrastructure and the remaining in energy transition investments.
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