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A.P. Moller hits second close with investors from Denmark and Sweden

Africa Global Funds
March 20, 2018, 4:08 p.m.
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A.P. Moller Capital’s Africa Infrastructure Fund has reached its second close with total commitments reaching $865m. 

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A.P. Moller Capital’s Africa Infrastructure Fund has reached its second close with total commitments reaching $865m. 

The seconds close commitments are subscribed by Danica Pension, Danske Invest, SEB Pensionsforsikring and SEB Pension och Försäkring.

Kim Fejfer, Managing Partner and CEO, A.P. Moller Capital, said: “We are pleased and proud to announce that six months after the announcement of our Africa Infrastructure Fund, we have received total commitments of $865m from leading investors in Denmark and Sweden.” 

“With Danica, Danske Invest and SEB on board, we have increased our capacity to support a sustainable development in Africa through infrastructure investments,” he said.

The Africa Infrastructure Fund is an investment fund creating and enabling opportunities through investments in Africa infrastructure. 

The purpose is to support sustainable economic growth and prosperity on the continent, and at the same time deliver attractive returns to our investors.

A.P. Moller Capital targets a fund size of $1bn.

A.P. Moller Capital is an affiliate of A.P. Moller Holding and was established to manage stand-alone funds to invest in infrastructure in emerging markets.

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