Sun, Feb 28, 2021
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. Investing: Tribune Publishing agrees to $430m takeover by hedge fund, Jana Partners builds new stake in Labcorp, Tiger Global's Coleman doubled down on stake in Uber, added bets in Airbnb and DoorDash, Baupost Group takes a large stake in Intel[more]

    Tribune Publishing agrees to $430m takeover by hedge fund From Boston Globe: Tribune Publishing Co., the owner of the Chicago Tribune and New York Daily News, agreed to be acquired by Alden Global Capital LLC for about $430 million, putting a hedge fund known for firing journalists at

  2. PE/VC: Private capital funds to spend billions on tech & outsourcing, Why family offices are drawn toward venture capital, Megafunds continue to reign in VC[more]

    Private capital funds to spend billions on tech & outsourcing From Funds Europe: Private capital fund managers will spend several billion dollars so they can provide daily performance reporting and meet other transparency demands in the next five years, research suggests. Transparency

  3. PE/VC: VC fund investors not raising alarms over SPAC trend, Asian private equity investors focus on business transformation[more]

    VC fund investors not raising alarms over SPAC trend From Axios: Venture capital firms, formed to invest in startups, are increasingly becoming sponsors of SPACs, blank-check companies that bring later-stage businesses into the public markets. It's significant strategy creep, but so fa

  4. PE/VC: Private equity may face return of attention-getting SEC fines under Gensler, VC firms are launching SPACs, Blackstone's Perry says private equity must do more on diversity[more]

    Private equity may face return of attention-getting SEC fines under Gensler From WSJ: The largest U.S. financial regulator has turned its focus away from private equity in recent years, but new agency leadership could mean tougher enforcement and heavier fines for buyout firms, attorneys

  5. Opalesque Exclusive: London manager to launch absolute return options fund[more]

    B. G., Opalesque Geneva for New Managers: Carmika Partners LLP is a discretionary investment manager that specializes in quantitative volatility trading. Th