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A.P. Moller Capital Plans $750 Million in South And Southeast Asian Infrastructure Deals

Skylar Williams

Feb 20, 2023 14:43

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A.P. Moller Capital, the asset management division of the Danish transportation and logistics behemoth A.P. Moller Group, announced on Monday that it intends to spend over $750 million in South and Southeast Asia's high-growth sectors.


The investment business announced in a statement that it had opened an office in Singapore and would invest in a variety of infrastructure platforms in those regions.


"This is an exciting next step in the expansion of A.P. Moller Capital and our investment business in Asia, where we see considerable opportunity," said Dhruv Narain, partner at A.P. Moller Capital and head of its Asia team.


A.P. Moller Capital oversees about $1.5 billion and has made 16 investments.


Narain, who joined the company in August, is a 20-year investment veteran who previously worked for Macquarie Group (OTC:MQBKY), International Finance Corporation, and Abu Dhabi Investment Council.

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