Actis wraps up third Africa real estate fund at more than $500 mln
Actis has closed its third private Africa real estate fund at more than $500 million, beating its initial $400 million target. The limited partners for Actis Africa Real Estate Fund 3 include pension funds, sovereign wealth funds, development finance institutions and endowments from Africa, Asia, Europe and North America. The fund will target prime retail, office and industrial developments in the sub-Saharan African market. First Avenue helped Actis with the fundraising.
2 June 2016•3 mins read
