Emerging markets investor Actis raises US$2.9bn capital commitment for its latest fund

AFRICA – Actis, an emerging markets investor, has raised nearly US$3 billion so far for its latest fund Actis Energy 5 LP dedicated to renewable-energy investments in emerging markets, according to Wall Street Journal. The London private-equity firm recently held a first close of Actis Energy 5 LP with US$2.9 billion in capital commitments from more than 20 institutional investors, a person familiar with the matter said, citing a letter the firm sent to investors. Actis is seeking US$4 billion for the fund. Actis plans to invest the new energy…

Read More