General Atlantic is to acquire Actis creating a global infrastructure investment platform.
With $12.5 billion AUM, Actis will become the sustainable infrastructure arm within General Atlantic’s global investment platform. It will continue to be led by its Chairman and Senior Partner, Torbjorn Caesar, and will retain independence over its investment decisions and processes with its funds operating under the existing Actis brand.
Actis and General Atlantic say they will focus on investment opportunities that lie at the intersection of the energy transition, digitization, and the shift in economic dynamism to growth markets and beyond.
Bill Ford, Chairman and Chief Executive Officer of General Atlantic, says, “Addressing the global paradigm shift toward sustainability requires an economic transformation and a capital investment on a massive scale. With the addition of Actis, we are taking a significant step forward to add a sustainable investment capability which positions General Atlantic to capture this opportunity set for our investors. Torbjorn and the Actis team have built a business recognized for its talent, domain expertise, and commitment to investment excellence. This transaction brings together two highly complementary firms and enhances General Atlantic’s global investment platform with greater scale, broader strategies, and deeper and more local capabilities for deal sourcing and company building.”
Michael Harrington, Chief Investment Officer of Actis, says, “As active builders and operators embedded in local markets, we are excited to team up with a firm that shares our investment ethos and approach. This partnership has the potential to enhance our offering through our combined expertise, networks, and geographical scope.”