Actis related stories
All articles and analysis
Actis backs $98m Malaysian buyoutPrivate equity firm Actis has supported the buyout of Malaysia’s Unza Holdings – its first deal in South Asia since de-merging from CDC Capital Partners earlier in the year.
- Actis to invest C$200m in Africa
Actis has been selected to co-manage the Canada Investment Fund for Africa, a C$200m vehicle to be launched later this year.
- CDC in €545m Algerian venture
CDC Capital Partners, the UK-based emerging markets investor, has completed a $26m mezzanine investment in Orascom Telecom Algeria as part of a €545m funding package for the business.
- Manager of CDC assets to raise $500m
Actis, a newly established investment manager spinning out of emerging markets investor CDC Capital Partners, is planning to raise $500m from third party investors.
- Xiabu Xiabu Dealt in Secondary PE Transaction
General Atlantic LLC will acquire the shares held by Actis in Xiabu Xiabu, the Chinese bar-style hotspot brand. Specifics of the deal were not publicized. Xiabu has over 300 restaurants in places like Hebei, Liaoning and Shanghai.
- Reuters - General Atlantic Buys Stake in Brazilian Brokerage
U.S.-based buyout firm General Atlantic agreed to pay 420 million reais ($200 million) for a 31 percent stake in XP Investimentos CCTVM SA, Brazil's largest independent brokerage, the companies said on Wednesday. XP, founded in 2001, boasts more than 70,000 retail investors and handles more than 20 billion reais ($9.6 billion) worth of trading each month.
- Uganda Power Distributer Umeme Files for I.P.O.
Uganda's sole power distributor, Umeme, has priced its 622.38 million shares to be sold through an Initial Public Offering at 275 shillings ($0.11) per share, Reuters reported Friday. The firm, which is 100 percent owned by pan-emerging markets private equity firm Actis, is offering a 38.3 percent of its issued share capital to raise funds to reduce its interest-bearing debt, it said in a statement.
- Actis Closes Second African Real Estate Fund
Pan-emerging markets private equity firm Actis has closed its second African real estate fund, Actis Africa Real Estate 2, with total commitments of $278 million. The fund will focus on retail and office developments in East, West and Southern Africa, excluding South Africa.
- Actis Invests in Chinese Casual Dining Chain Bellagio
Pan-emerging markets private equity firm Actis has backed Chinese casual dining chain Bellagio. Founded in 2001 in Shanghai by the Lin Family, the company has 35 restaurants across a number of Chinese cities, as well as Macau and the Philippines.