A.P. Moller Capital has strengthened its long-term commitment to North Africa through the establishment of the APM Capital Morocco Fund (APMC MF), a dedicated investment vehicle focused on Morocco’s transport and logistics sector.
The Fund was launched in February 2026 as part of an initiative led by the Mohammed VI Investment Fund to catalyse investment, accelerate economic growth, and support job creation across the country.
With participation from leading Moroccan and international institutional investors, the Fund has secured MAD 1.64 billion (c. USD$178 million) in commitments. This local capital base has been further complemented by an additional MAD 600 million (c. USD$65 million) from A.P. Moller Capital – Emerging Markets Infrastructure Fund II K/S (EMIF II), bringing the total capital available for deployment in Morocco’s transport and logistics sector to MAD 2.24 billion (c. USD$243 million).
A.P. Moller Capital has an established track record in Morocco across transport, logistics and energy-related infrastructure. This includes the successful investment in Mass Céréales Al Maghreb which was fully exited in 2025, as well as involvement in port-related and enabling infrastructure supporting Morocco’s energy transition.
The Fund is managed by A.P. Moller Capital Morocco S.A., A.P. Moller Capital’s local management company, and is led by CEO Ghislane Guedira.
A.P. Moller Capital P/S, part of A.P. Moller Group, is authorised by the Danish Financial Supervisory Authority. A. P. Moller Capital Morocco S.A. is the Morocco-based fund management company of A.P. Moller Capital and is authorised and regulated by the Moroccan Capital Market Authority (“AMMC”).
COPENHAGEN
A.P. Møller Capital P/S
Tuborg Havnevej 15
2900 Hellerup
Denmark
MOROCCO
APM Capital Morocco SA
Casablanca Business Towers, 5th floor
Tour Anfa Park, Main Street CFC
Casablanca
Morocco
DUBAI
A.P. Møller Capital P/S (DIFC Branch)
Al Fattan Currency House
Tower 2, Offices 1502 & 1503
DIFC, Dubai
United Arab Emirates
ABU DHABI
A.P. Møller Capital (ME) Ltd
Al Maryah Tower
Level 7, Unit 33
ADGM, Abu Dhabi
United Arab Emirates
SINGAPORE
A.P. Moller Capital (Singapore) Pte. Ltd.
Marina Bay Financial Centre
Tower 1, 14th Floor
Singapore
REGULATIONS
A.P. Møller Capital P/S is regulated by the Danish Financial Supervisory Authority (Finanstilsynet) as an alternative investment fund manager.
APM Capital Morocco SA is regulated by the Autorité Marocaine des Marchés de Capitaux as a management company of private equity collective investment vehicles.
A.P. Møller Capital P/S (DIFC Branch) is regulated by the Dubai Financial Services Authority for advisory and arranging services.
A.P. Møller Capital (ME) Ltd is regulated by the Financial Services Regulatory Authority of Abu Dhabi Global Market for advisory and arranging services.
A.P. Moller Capital (Singapore) Pte. Ltd. is exempt from licensing under the Securities and Futures Act of Singapore (advising its 100% shareholder on investments in immovable assets).
GROUP STRUCTURE
APM Capital Morocco SA, A.P. Møller Capital (ME) Ltd and A.P. Moller Capital (Singapore) Pte. Ltd. are wholly owned subsidiaries of A.P. Møller Capital P/S.
A.P. Møller Capital P/S (DIFC Branch) is a branch of A.P. Møller Capital P/S.
GENERAL INQUIRIES
Melanie Beck
E: melanie.beck@apmollercapital.com
INVESTOR RELATIONS
Laura Coquis
E: ir@apmollercapital.com
MEDIA RELATIONS
Jonathan Churchill, John Thompson
T: +44 7780 501171, +44 7951 060859
E: media@apmollercapital.com
A.P. Moller Capital has implemented a Complaints handling procedure for its investors and has appointed the Head of Compliance as Complaints Manager.
If you have concerns related to our activities or those of our portfolio companies, you can use A.P. Moller Capital’s Grievance Mechanism to have them addressed.
A.P. Moller Capital has implemented a whistle-blower system and encourages you to help fight corruption, business crime and other unacceptable business conduct.