Actis Infrastructure 2 Fund Reaches Final Close at $750m

Emerging market investor Actis recently announced the final close of its USD 750 million Actis Infrastructure 2 fund. The fund fell short of its USD 1.25 billion target after anchor investor CDC Group reduced their USD 750 million commitment to USD 500 million. The U.K.-backed CDC had also committed USD 167 million to seeding infrastructure assets for Actis. Despite the lower than expected fund raising effort Actis considers the close of the fund to be successful.

Actis Infrastructure 2 Fund
The Infrastructure 2 Fund was established in January 2008 to invest primarily in energy, transportation, and telecom opportunities. The fund plans to invest in development-stage projects in Africa and Asia, with a significant amount of investment in mobile power generation and greenfield projects. In addition, fund managers are committed to investing in infrastructure opportunities in emerging markets, especially those which are asset heavy and involve long-term contracts.

Actis (www.actis.is)
Actis is a international private equity company with 60 years experience in the world’s emerging markets. Since its inception the company has raised funds in excess of USD 7 billion, investing USD 3.1 billion within the last ten years. Infrastructure is the primary investment sector for Actis, though they are also involved in real estate and financial services. With USD 4.8 billion is assets currently under management, Actis employs more than 100 investment professionals at 9 offices on 3 continents.