Actis related stories
All articles and analysis
ECP nearing first close on $1bn Africa fundThe private equity firm will likely hold a first close on more than $523m, topping its entire previous fund. Launched in the second quarter of this year, the fund will be one of the largest dedicated pan-Africa funds raised to date if it meets its target.
- Actis invests $49m in Egyptian fast-food chain
The emerging markets specialist plans to expand Mo’men Group for Foods throughout Northern Africa and the Persian Gulf. The deal is Actis' second food-related acquisition in Egypt after investing in halawi and tahina maker El-Rashidi El-Mizan.
- Actis-led consortium pays $700m for South African electrical contractor
The emerging markets specialist has partnered with Old Mutual Investment Group to acquire energy and electrical engineering company Alstom South Africa.
- Pine Brook commits $100m to energy venture
The New York firm led by former Warburg Pincus vice chairman Howard Newman has partnered with Australian Stock Exchange-listed Comet Ridge to develop US oil and gas assets. Drilling will commence immediately at the company's Colorado oil field.
- Report: Anil Ambani's Reliance Capital to raise $1bn fund
Reliance Capital, a part of the Anil Ambani-led Anil Dhirubhai Ambani Group, is set to raise capital to invest in India's services, logistics, real estate and pharmaceutical sectors.
- West Africa’s rising profile
The region, often the site of political instability, has in the past month been home to several positive developments for private equity.
- Nigerian telecom exit nets ECP 2.9x
The Africa-focussed firm made proceeds of some $99m in a private placement preceding Starcomms’ listing on the Nigerian Stock Exchange. Emerging markets focussed-Actis also exited its investment in the company.
- CDC invests $250m in three Indian infrastructure funds
The UK fund of funds has backed funds from IDFC, Actis and Kotak.
- Actis makes debut real estate India investment
The emerging market investor has kicked off its India real estate investing with a JV for a retail development in Bangalore.
- Actis sells silicon manufacturer stake
The firm has sold its stake in Chinese silicon wafer manufacturer Shunda Holding to a former portfolio company.