November 23, 2024

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Reuters

A.P. Moller Capital plans $750 million infrastructure deals in South, Southeast Asia

A.P. Moller Capital, the asset management unit of Danish transportation and logistics giant A.P. Moller Group, said on Monday it aims to invest more than $750 million in the high-growth markets of South and Southeast Asia. The investment firm said in a statement it had set up an office in Singapore and plans to invest in various infrastructure platforms in those markets. “This is the next exciting step in the growth of A.P. Moller 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.

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