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Article: United States : Actis Closes $750 Mn Infra Fund For Emerging Markets.
- Article from:
- TendersInfo
- Article date:
- October 8, 2009
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The fund was initially targeting a final close of $1.25 bn, which it has fallen short of due to a tough market.
Private equity major Actis has announced the close of an emerging markets infrastructure fund at $750 million. This will be the second infrastructure fund from Actis which will focus mainly on opportunities in power generation and transport.
Actis has a 14 people infrastructure team based out of Singapore, Mumbai and London. It has completed investments in over 20 countries in infrastructure space in the fund's target regions, said a company statement. The fund was initially targeting a final close of $1.25 billion, which it has fallen short of ...