A.P. Moller Capital signed a memorandum of understanding to establish a joint venture in India to expand its transport and logistics portfolio. The company focuses on critical infrastructure investments in transportation and energy transition, supported by Danish and international institutional investors. A.P. Moller Capital is chaired by Robert M Uggla, who also leads the A.P. Moller Group, which includes Maersk Line and A P M Terminals Management B V.
The establishment of an office in Singapore in February further solidified A.P. Moller Capital’s commitment to investing in South and Southeast Asia, with plans to invest over $750 million in infrastructure projects in the region. The company manages over $1.5 billion in investments across 16 projects, supporting food and mineral security, decarbonization, and sustainable economic growth. The Singapore office will focus on investing in high-growth markets while generating returns for investors.
The new office in Singapore will be led by Partner Dhruv Narain, who brings over 21 years of experience in investment management to A.P. Moller Capital. The team in Asia, which includes T P Chopra in India, aims to fulfill the company’s purpose of making impactful investments for both investors and local communities. A.P. Moller Capital is also reportedly interested in acquiring a stake in Pristine Logistics & Infraprojects Ltd, a rail-focused logistics firm, signaling the company’s strategic focus on expanding its presence in the region.
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