The Hamburg-based investment and infrastructure asset manager MPC Capital and the Norwegian asset management firm Storm Capital Management are launching a new investment platform, named MPC Storm Maritime Opportunities (MSO).
The platform has secured $35m in its first fundraising round from a group of investors with a track record within maritime investments.
The target now is to raise more than $70m, according to MPC Capital, which aims to invest in shipping assets across several market segments, with a focus on modern second-hand vessels.
MSO is set up to pursue opportunities in dry bulk, tanker, container and offshore shipping, with exposure ranging from spot trading to long‑term charters.
MPC Capital chief executive Constantin Baack referred to the significance of this partnership, noting that it builds on the company’s strong track record of partnerships with investors and industrial partners across maritime segments.
“Together with close investment partners, we are taking the next step in institutionalizing and scaling our approach. The MSO is intended to serve as an investment platform that can grow through additional investors and an expanding pipeline of assets and projects with trusted maritime partners,” Baack said.
The first close was achieved through a club of maritime investors, including Klaveness Marine, Portline, and Uthalden.
Both MPC Capital and Morten E. Astrup, according to the company, have also committed significant co-investment in MSO.
“MSO targets a combination of net return of 15% p.a. IRR and attractive running yield depending on the project structure. Typical ownership stakes will range from 20-50 percent, supported by conservative financing,” the MPC Capital statement reads.
The MSO is currently structured as a private partnership and is expected to transition to a Luxembourg-regulated structure during the second close.
