Investing
A.P. Moller Capital plans $750 million infrastructure deals in South, Southeast Asia
![](https://personalfinancedefined.com/wp-content/uploads/2023/02/LYNXNPEB7Q0U9_L.jpg)
© Reuters. FILE PHOTO: A view of the skyline in Singapore, January 27, 2023. REUTERS/Caroline Chia/File Photo
By Anshuman Daga
SINGAPORE (Reuters) – 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.
A.P. Moller Capital manages more than $1.5 billion and has invested in 16 projects.
Narain, who joined the company in August, is a 20-year investment veteran with stints at firms including Macquarie Group (OTC:), the International Finance Corporation and the Abu Dhabi Investment Council.
Read the full article here
![](https://personalfinancedefined.com/wp-content/uploads/2023/02/pf-logo.png)
-
Personal Finance7 days ago
Gas prices drop as demand for driving fizzles out: AAA
-
Investing6 days ago
Crowdstrike CEO Responds to Causing Largest IT Outage in History
-
Side Hustles6 days ago
How to Build A Startup, From an Early Lyft, Twitch Investor
-
Passive Income4 days ago
NLRB Drops Expanded Joint Employer Appeal
-
Passive Income6 days ago
The Top 5 AI Tools That Can Revolutionize Your Workflow and Boost Productivity
-
Side Hustles6 days ago
Jake Paul: Mindset Hacks, Mike Tyson Fight, Embracing Fear
-
Investing7 days ago
Boeing to supply E-7 in first major win since plea deal By Reuters
-
Side Hustles5 days ago
10 Effective Growth Marketing Strategies for Your Startup