A.P. Moller Capital, a leading infrastructure fund manager, has successfully closed a USD 243 million (MAD 2.24 billion) Morocco-focused fund dedicated to investing in the nation’s transport and logistics infrastructure. The initiative, established as part of a partnership with the Mohammed VI Investment Fund (FM6I), aims to bolster private sector growth, create jobs, and capitalize on Morocco’s strategic economic position.
A Strategic Partnership for Growth
The APM Capital Morocco Fund is managed by A.P. Moller Capital’s local entity, APM Capital Morocco S.A., and is designed to catalyze investment and accelerate economic development. It secured significant backing from the Mohammed VI Investment Fund alongside other prominent Moroccan and international institutional investors.
The total capital of USD 243 million is composed of USD 178 million in commitments to the A.P. Moller Capital – Emerging Markets Infrastructure Fund II K/S (EMIF II), supplemented by a USD 65 million commitment from a Danish fund also managed by A.P. Moller Capital. This dedicated pool of capital strengthens the firm’s presence in North Africa and provides long-term investment opportunities for Morocco’s burgeoning logistics sector.
Capitalizing on Morocco’s Economic Momentum
The fund’s launch reflects strong confidence in the country’s economic trajectory. Morocco’s increasing role in global supply chains, driven by nearshoring trends and sustained government investment in infrastructure, makes it a prime market for logistics-focused capital deployment.
“Morocco is a priority market for A.P. Moller Capital, supported by strong macroeconomic fundamentals, rising near-shoring activity and sustained investment in transport and logistics infrastructure,” said Kim Fejfer, CEO of A.P. Moller Capital. “It is a market we have known well for a long time, where we have invested across a full cycle, and where our industrial and operational expertise led to us being selected by FM6I to deploy long-term capital into attractive sectors.”
Targeted Investments in Core Logistics
A.P. Moller Capital has a deep and active investment pipeline targeting key segments of the logistics value chain. The fund intends to invest in businesses specializing in international express logistics, third-party logistics (3PL), air cargo handling, and cold storage facilities.
This strategy builds on the firm’s successful track record in the country, which includes a fully exited investment in Mass Céréales Al Maghreb and involvement in port-related infrastructure that supports Morocco’s energy transition.
About A.P. Moller Capital
A.P. Moller Capital is an infrastructure fund manager focused on investments in transportation and energy transition infrastructure in high-growth markets. It leverages its industrial expertise to create value and drive positive impact in its portfolio companies. With a local presence in Morocco, the firm is committed to deploying long-term capital to support the country’s economic development.
Source: Waya
