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.
BY LOUISE VOGDRUP-SCHMIDT, SHIPPINGWATCH
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.
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