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Actis Nearing First Close of Long-Life Infrastructure Fund

14 March 2018

Actis is reportedly nearing a first close of its Actis Long Life Infrastructure LP, a new long-term infrastructure focused fund that will invest in power-generating assets across Latin America, India, Southeast Asia and Africa. 

(PE News) Actis is nearing an official first close of its new power-infrastructure fund, as the firm places a long-term bet on Latin America and other developing economies with rising energy needs.

The London emerging-markets investor is targeting $2billion for the fund, said people familiar with the matter. It could reach the official first close in April or May, one of the people said.

Read more at Private Equity News.