Actis related stories
All articles and analysis
Actis eyes Alex Forbes exit after $1bn floatThe firm has already made a partial exit following South Africa's biggest IPO for four years
- Actis appoints to responsible investment team
Actis has appointed Shami Nissan as a director in the responsible investment team. Nissan is based in the London office and takes up her post with immediate effect.
- Exclusive: Actis expands RI team
The firm has hired Shami Nissan, formerly of PwC, as a director in London
- Actis completes two-part Umeme transaction
Actis has completed a two-part transaction that sees the firm’s subsidiary, Umeme Holdings sell a total 45.7 percent of Ugandan electricity distribution company, Umeme for $98 million. Stanbic acted as lead transaction advisor and Stanbic and Rencap as joint bookrunners.
- Actis seals Cameroonian electricity deal
Actis has completed the acquisition of the majority interest in three power assets in Cameroon from The AES Corporation. Actis will pay $202 million for a 56% stake in Cameroon’s national integrated utility, Société Nationale d’Electricité (SONEL), and in two independent power plants, Kribi and Dibamba.
Fund performance: Growth vehicles make progress at UTIMCOAsian growth portfolio has yet to prove itself
- LP Scorecard: Young vintages boost Washington’s IRRs
The 2012 vintage energy-focused Denham Commodity Partners Fund VI is the highest IRR climber among Washington State Investment Board’s mid-market-focused buyout funds rapidly creeping out of negative IRR territory, according to 2013 year end figures from the state pension fund.
- Actis seals African electricity exit
The firm bought Uganda-based Umeme in 2005 and will retain a minority stake in the business.
- Actis sells stake in Ugandan electricity distributor
Actis has sold a stake of Ugandan electricity distributor Umeme for $85.5 million. Investec Asset Management and Uganda’s National Social Security Fund join Actis as cornerstone institutional shareholders in Umeme.
- Actis invests in Chinese biscuit brand
Actis has backed Jiashili Food Group for a significant minority stake. The business is a Chinese biscuit manufacturer.