Dee4 Capital Partners ApS
Overview
Dee4 Capital Partners ApS is a Danish private equity firm specializing in maritime-related investments. Founded in 2019 by Carsten Mortensen and Freddie Lee, the firm focuses on accelerating the decarbonization of the shipping industry through investments in fuel-efficient vessels and future propulsion fuels, combined with superior operational, technical, and commercial asset management. The firm's first fund, Dee4 Capital Fund I K/S, closed in December 2019 with $72 million in commitments. Fund I acquired seven MR product tanker vessels between August 2019 and September 2021, all of which were sold by June 2024, delivering a net internal rate of return (IRR) of 26% to investors. In March 2025, Dee4 Capital Fund II K/S closed with $103 million in commitments, with the first investment being the acquisition of Dee4 Larch, a 2016-built MR product tanker under the Danish flag, which was chartered to Weco Tankers A/S for three years. The firm's investment strategy focuses on identifying and executing transactions that offer long-term value, capitalizing on market dislocations, and achieving a superior risk-reward balance. Dee4's team comprises investment executives with extensive experience in the shipping and investment industries, collectively bringing over 130 years of expertise to the firm. Investment requirements include a minimum investment size of $10 million and a maximum of $100 million, targeting buyout and growth stages in the maritime, shipping, transport & logistics, energy, offshore, and infrastructure sectors across a wide geographical focus, including Denmark, Norway, Sweden, Finland, Germany, Netherlands, Belgium, United Kingdom, France, Spain, Italy, Portugal, Greece, Turkey, Russia, China, Japan, South Korea, Singapore, United States, and Canada.
Investment Focus
- Target stages: Buyout, Growth
- Geographical focus: Denmark, Norway, Sweden, Finland, Germany, Netherlands, Belgium, United Kingdom, France, Spain, Italy, Portugal, Greece, Turkey, Russia, China, Japan, South Korea, Singapore, United States, Canada
- Industries: Maritime, Shipping, Transport & Logistics, Energy, Offshore, Infrastructure
Portfolio Companies
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Unlock full contacts →Frequently asked questions about Dee4 Capital Partners ApS
What sectors does Dee4 Capital Partners ApS invest in?
Dee4 Capital Partners ApS invests in Energy, Infrastructure, Shipping, Maritime, Offshore and Transport & Logistics, and is based in Hovedstaden, Denmark. Dee4 Capital Partners ApS is listed as a private equity in the ConnectSafely investor database.
What stage does Dee4 Capital Partners ApS invest at?
Dee4 Capital Partners ApS backs companies at Growth and Buyout, writing cheques of 10M - 100M.
Which regions does Dee4 Capital Partners ApS invest in?
Dee4 Capital Partners ApS invests across United States, United Kingdom, Canada, Germany, Japan and Singapore.
What companies has Dee4 Capital Partners ApS invested in?
Dee4 Capital Partners ApS's portfolio includes Dee4 Larch.
Last updated · Source: ConnectSafely investor database
