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APM Holding behind new USD 550 million Africa fund

APM Holding joins forces with Danish pension funds PKA, Pension Danmark, and Lægernes Pension to establish a fund for investing in Africa totaling USD 550 million under the name Afrika Infrastruktur Fond. Well-known Maersk executives will head the project.

Photo: Jens Dresling/Ritzau/Arkiv

The three pension funds PKA, Pension Danmark, and Lægernes Pension have joined forces with A.P. Moller Holding (APM Holding) to establish a new fund under the name Afrika Infrastruktur Fond (Africa Infrastructure Fund) with a budget of USD 550 million injected by the investors.

The new fund will be managed by A.P. Moller Capital (APM Capital), a company under APM Holding. APM Capital's executive team consists of the four partners Kim Fejfer, Lars Reno Jakobsen, Jens Thomassen, and Joe Nicklaus Nielsen.

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