AP Moller Capital, the asset management arm of Danish conglomerate AP Moller, has opened an office in Singapore as part of its plans to expand in Southeast Asia.
The firm also aims to invest as much as US$750 million in infrastructure projects in the region.
The new office will be led by partner Dhruv Narain who will also serve as head of AP Moller Capital Asia’s strategy and team.
Narain joined the firm in August 2022 from Australian financial services group Macquarie.
He will be joined by David Tung, a non-executive director of AP Moller Capital, as company director and senior adviser based in Singapore.
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