Thu, Sep 19, 2019
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Actis hits $1.23bn final close for Long Life Infrastructure Fund

Thursday, August 15, 2019

Laxman Pai, Opalesque Asia:

London-based emerging-markets investor Actis has wrapped up fundraising for its first longer-duration infrastructure fund.

Actis Long Life Infrastructure Fund (ALLIF) collected $1.23bn in commitments and can deploy about $2bn in total funding, including co-investments, said a press release from the investment firm with $12bn in assets under management.

ALLIF's investor base is comprised of leading institutional investors from North America, Europe, Latin America, Middle East and Asia.

Actis has established itself as an investor in the energy infrastructure space having committed more than $5bn to 34 investments across 25 countries - generating 25GW and providing electricity to nearly 90m customers.

"ALLIF is a complementary strategy to Actis' Energy business. ALLIF will originate operating infrastructure assets across Latin America, Africa, and Asia while driving operational improvements over a long term hold period," said the release.

The ALLIF business is led by Glen Matsumoto, who joined Actis in 2016 having previously been one of the three founding partners of EQT's infrastructure business.

ALLIF has already identified and prioritized an executable pipeline of approximately $8bn and has committed to investments which include a 100MW solar PV plant in the Atacama region of Chile which sells power to the Santiago Metro transit system and 137MW of operational wind generation assets located in Brazil.

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Albright Capital builds on emerging markets impact strategy, signs on to IFC principles[more]

    Bailey McCann, Opalesque New York: Albright Capital has adopted the International Finance Corporation's Operating Principles for Impact Management. The firm has also developed its own impact measurement system as part of the implementation of the principles. The IFC's principles were

  2. Investing: Hedge funds getting burned as growth stocks trounced by value, Why investors are prioritizing health care in a big way, Fannie, Freddie soar as hedge funds score wins on two fronts[more]

    Hedge funds getting burned as growth stocks trounced by value From Bloomberg: A hedge-fund favorite is rapidly losing ground in the stock market just as one of the industry's least-loved sectors picks up. Growth stocks, generally companies that are seeing rapid profit increases, have drop

  3. PE/VC: Supersized unicorn: Root Insurance leaps to $3.65bn valuation with $350m round[more]

    Root Insurance is now valued at $3.65 billion after a $350 million funding round - the largest single venture capital round ever in the state. The 3-year-old auto insurer, now the startup with the highest valuation of any in Ohio, has raised a cumulative $523 million in VC and another $100 mi

  4. Testing hedge performance when stocks crash[more]

    Bonds have historically been a reliable buffer for stock exposure. But low yields and potential reversion to a more positive stock/bond correlation would likely translate to less protection. Gold has been a solid crisis hedge but has experienced long stretches of negative inflation-adjusted returns.

  5. PE/VC: The FBI is investigating a venture capital fund started by Peter Thiel for financial misconduct, Why venture capital firms need more women partners and entrepreneurs[more]

    The FBI is investigating a venture capital fund started by Peter Thiel for financial misconduct From Vox: Federal investigators are probing the conduct and practices of Mithril Capital, a venture capital firm co-founded by Peter Thiel, Recode has learned. US officials - including t