PFA Pension has committed US$100 million to the The Africa Infrastructure Fund, thus totaling the commitments from A.P. Moller Holding and the other anchor investors PKA, Pension Denmark and Lægernes Pension (The Medical Doctor’s Pension Fund) to US$650 million.
A.P. Moller Capital, an affiliate of A.P. Moller Holding, launched The Africa Infrastructure Fund in early August. The Fund will focus on African infrastructure investments – investments that will support sustainable economic growth in the region and deliver attractive returns to its investors.
PFA look forward to joining the strong partnership well in line with the company’s focus on alternative investments.
Henrik Nøhr Poulsen, Executive Director and Chief Investment Officer, PFA, said:
“We have had a close and positive dialogue with A.P. Moller Capital and the other partners about the establishment the Fund. We are pleased to enter this strong partnership focusing on the large investment needs and the massive development potential in Africa. The investment matches our strategic focus on alternative investments - especially infrastructure - that can generate good and stable long-term returns for our customers.
A.P. Moller Capital is pleased with the great interest the Fond has received since the launch, and is delighted to welcome another anchor investor.
Kim Fejfer, CEO and Managing Partner, A.P. Møller Capital, said:
“Since the Fund was launched 9 August we have experienced great interest from both potential investors and project partners. We are pleased and proud to welcome another anchor investor wanting to support a sustainable development and improve the living standards across the continent.
The Africa Infrastructure Fund is open for further investors until August 2018. Ambition is to achieve a total commitment of USD 1 billion.
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