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Today: September 24, 2024
March 26, 2024
1 min read

Maersk veteran’s $220M gamble supported by ultra-wealthy investors

TLDR:

  • A former A.P. Moller-Maersk A/S executive is building an investment firm called Nine Realms, backed by super-rich investors
  • Nine Realms is seeking to raise €200 million for its debut fund to focus on early-stage investments in technology companies targeting supply-chain issues

A former A.P. Moller-Maersk A/S executive, Sune Stilling, is building an investment firm called Nine Realms, backed by the super-rich, after leading a venture unit that saw significant gains for the shipping giant. Nine Realms is seeking to raise €200 million for its debut fund, focusing on early-stage investments in technology companies across Europe and North America that target supply-chain issues. The venture firm has already secured about half of the amount from major family offices and institutional investors, with a primary close of the fund expected by the end of March. Supply chains have become a critical area of focus globally, and disruptions caused by factors like the pandemic and geopolitical tensions have increased the urgency in addressing supply-chain issues. Nine Realms aims to leverage its experience and expertise in the logistics and supply-chain sector to capitalize on emerging trends like artificial intelligence, digitization, and sustainability. With a global team in place, the firm is poised to start deploying capital from its fund later this year, continuing its successful track record in early-stage investments in the logistics space.

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