A.P. Moller Capital secures final close for Morocco-focused $243m fund

A.P. Moller Capital’s local fund management company, APM Capital Morocco has held a final closing on APM Capital Morocco Fund, a Morocco-focused transport and logistics investment fund.

According to A.P. Moller Capital, the Fund strengthens its presence in North Africa and establishes a pool of capital for investments in the country’s transport and logistics sector.

The Fund has closed on total commitments of $178m.

In addition, A.P. Moller Capital – Emerging Markets Infrastructure Fund II K/S (EMIF II), a Danish fund managed by A.P. Moller Capital has committed a further $65m alongside the Fund, bringing the total capital available for investment in Morocco’s transport and logistics sector to $243m.

The Fund is managed by APM Capital Morocco S.A., A.P. Moller Capital’s local management company, and is led by CEO Ghislane Guedira.

The Fund is expected to invest in transport and logistics businesses in Morocco and has a deep and active pipeline spanning international express logistics, third-party logistics, air cargo handling and cold storage.

Kim Fejfer, CEO of A.P. Moller Capital, said: “Morocco is a priority market for