Actis related stories
All articles and analysis
Actis exists Plateno Hotel Group with sale of stake to JinJiang HotelsActis sold its minority stake in Plateno Hotel Group to Shanghai JinJiang International Hotels Development Co Ltd, a Shanghai A share listed subsidiary of the Chinese state-owned enterprise JinJiang Group. Plateno, formerly known as 7 Days Inn Group, is a Chinese budget and mid-range hotel chain. JinJiang Hotels has acquired an 81 perecent stake in Plateno at an enterprise value exceeding 10 billion yuan (approximately $1.53 billion) in a transaction including other selling shareholders.
- LeapFrog Investments names Olale, Fernandes to lead healthcare expansion
LeapFrog Investments, a “profit-with-purpose” emerging markets private equity firm, named two partners to spearhead the firm’s expansion into healthcare investments. Dr. Felix Olale, MD, PhD, who joins LeapFrog as a partner, will lead African healthcare investments. Dr. Olale was previously the chairman of the Excelsior Group, a US and Kenyan-based advisor and developer of healthcare systems. Asian healthcare investments will be led by LeapFrog partner and co-head of Asia, Michael Fernandes. Prior to joining LeapFrog, Michael managed Khazanah Nasional Berhad’s healthcare portfolio
- EMPEA appoints Ethos founder as Africa Council chair
André Roux, who succeeds Helios COO Henri Obi in the role, will also serve as senior advisor to the industry association.
- Paragon Partners reaches first close on debut fund
The India growth fund will invest about $10-20 million in mid-sized companies in the consumer, infrastructure, financial services, healthcare services and industrial sectors.
- LPs raise the ESG bar
GPs have made vast strides within the realm of responsible investment in the last decade. The focus is now on LPs to raise the bar again.
- Actis sells Energuate for $265 mln
Actis has sold Guatemala-based electricity network Energuate to IC Power. The price of the transaction was $265 million.
- Actis ESG exec sets up new shop – Exclusive
Mark Goldsmith left the firm at the end of 2015 to set up Fiveoak Consulting, which offers sustainability services to the financial services sector.
- IC Power to acquire Energuate from DDHL for almost $300 mln
Kenon Holdings' subsidiary I.C. Power Ltd has agreed to acquire Guatemala-based Energuate, a private electricity distribution business, for $299.5 million. The seller is Deorsa-Deocsa Holdings Ltd, an Actis investment firm.
- Actis exits Sri Lankan hospital stake
The emerging market fund’s investment in Asiri Hospitals Group is understood to have generated an IRR of more than 25%.
- TPG Growth buys 28% of Asiri Hospital Holdings
TPG Growth said Thursday that it has acquired a 28 percent stake in Asiri Hospital Holdings from Actis. Financial terms weren’t announced. Asiri is a multi-speciality private healthcare business in Sri Lanka and is controlled by the Softlogic Holdings Plc.