Actis related stories
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Patricia Grad jumps to Actis after 5 years with Irving PlacePatricia Grad has left Irving Place Capital after nearly five years, two sources said.
- CDC appoints regional director for Africa
Based in Lagos, Imoni Akpofure is the DFI’s second locally-based regional director for Africa
- Actis launches $1.9bn African renewables platform
This is the last renewables platform from the firm's $1.15bn third energy fund
- Actis and Mainstream launch pan-African energy platform
Actis has formed a $1.9 billion joint venture with wind and solar developer Mainstream Renewable Power to launch Lekela Power, a Pan-African renewable energy platform. Lekea will be financed over a three-year period through equity and debt funding.
- Actis launches $230m Indian renewables platform
The platform’s first investment, a wind farm in Rajasthan, has already reached financial close and is currently under construction
- Actis commits $230 mln to Ostro Energy
Actis said Wednesday it committed $230 million to Ostro Energy, an Indian renewable energy platform. Ranjit Gupta was named CEO of Ostro. The platform’s first project is Tejuva, a 50.4MW wind project, already under construction in the Jaisalmer district of Rajasthan. London-based Actis, with $7.6 billion in funds under management, invests in emerging markets such as Asia, Africa and Latin America.
- Former Actis legal director joins Cleary Gottlieb
Fund formation expert Peter Olds is joining the firm’s London office this month
- CDC hires Africa funds team manager from Actis
Murray Grant, an Actis founding partner, will join CDC this month
Strong dollar drives opportunities for latest round of LatAm fundsA surplus of investment capital and a strong dollar should provide a boost to private equity firms putting capital to work in Latin America.
- Actis invests in Genesis Group
Actis has acquired a stake in Genesis Group. Financial terms weren’t announced. Genesis is a grain testing and inspection business in Brazil. Genesis founders, Rodrigo Alves and Henrique Victorelli, will retain a significant stake and will continue to lead the business.