Growth investor boosts sustainability capabilities with Actis buy
General Atlantic has agreed to acquire sustainable infrastructure and real estate manager Actis.
The New York-based growth investor’s acquisition will create a firm with $96 billion of assets under management, $12.5 billion contributed by Actis. The UK-based firm will become the sustainable infrastructure arm within General Atlantic’s global investment platform.
Actis has 140 staff across 17 offices around the world. Its 24-strong real estate team is led by Hong Kong-based Brian Chinappi. Investments include data centres in Korea, industrial property in Vietnam and affordable housing in India.