A.P. Møller Capital, the asset management unit of Danish transportation and logistics giant A.P. Møller Group, said on Monday, February 20, that it aims to invest more than $750 million in the high-growth markets of South and Southeast Asia.
The firm confirmed in a statement, that it has set up an office in Singapore and plans to invest in various infrastructure platforms in the Southeast Asian market.
“This is the next step in the growth of A.P. Møller Capital and our investment business in Asia, where we see significant opportunity,” said Dhruv Narain, partner at A.P. Moller Capital and head of its Asia team.
A.P. Møller Capital manages more than $1.5 billion and has invested in 16 projects worldwide.