• A.P. Moller Capital closed a USD 243M Morocco-focused fund to invest in transport, logistics infrastructure, and support private sector growth nationwide.
• Backed by Mohammed VI Investment Fund and institutional investors, the vehicle targets job creation, operational expansion, and long-term capital deployment opportunities.
• The investment pipeline includes express logistics, third-party logistics, air cargo handling, and cold storage, reflecting Morocco’s growing nearshoring and trade activity.

A.P. Moller Capital 

A.P. Moller Capital’s local fund management company, APM Capital Morocco S.A., closed the USD 243 million APM Capital Morocco Fund. The fund is a Morocco-focused transport and logistics investment fund established as part of the initiative of the Mohammed VI Investment Fund. 

It aims to catalyse investment, accelerate growth, and foster job creation, with participation from other leading Moroccan and foreign institutional investors. It also seeks to strengthen A.P. Moller Capital’s presence in North Africa and establishes a dedicated pool of capital for investments in the country’s transport and logistics sector.

The fund closed on total commitments of USD 178 million (MAD 1.64B) in the A.P. Moller Capital – Emerging Markets Infrastructure Fund II K/S (EMIF II). Additionally, a Danish fund managed by A.P. Moller Capital committed USD 65 million (MAD 600M). This brings the total capital available for investment in Morocco’s transport and logistics sector to USD 243 million (MAD 2.24B).

Morocco

This is part of the fund management company’s 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. Additionally, this includes involvement in port-related and enabling infrastructure supporting Morocco’s energy transition.

“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. 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,” said Kim Fejfer, CEO of A.P. Moller Capital

The fund intends to invest in transport and logistics businesses in Morocco. It also has a deep and active pipeline spanning international express logistics, third-party logistics, air cargo handling and cold storage.

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