Actis, a private equity investor in the emerging markets, has promoted four directors to partner: Mumbai-based Sanjiv Aggarwal and Shomik Mukherjee, and Beijing-based Tao Sun and Dong Zhong.
Paul Fletcher, senior partner at Actis, says: "These promotions acknowledge the significant contribution these individuals have made to the firm and their instinctive grasp of the core values of Actis. We are privileged to welcome Sanjiv, Shomik, Tao and Dong to the partnership."
Aggarwal is responsible for Actis’s infrastructure business in South Asia. He joined Actis’s India team in 2008 from Citigroup, where he worked extensively in the Indian infrastructure sector. He previously worked at ANZ Investment Bank for nine years, heading the project financing team for urban infrastructure and oil and gas.
Mukherjee is responsible for managing investments in Nilgiri’s, Paras Pharmaceuticals, Halonix and Sterling Hospitals and driving new investments in the consumer and retail sector. He joined Actis in 2007 from McKinsey in London where he was an engagement manager advising companies on strategic and operational matters. He has also worked as a consultant with Accenture and with Unilever in India.
Sun is a member of Actis’s global consumer and retail sector team, and focuses primarily on the education sector. He is investment manager for Ambow where he is also a director of the board. He joined Actis in 2008 from Merrill Lynch (principal credit group) in Hong Kong, where he was responsible for private equity deal execution and portfolio management in China.
Zhong focuses on the consumer and retail sector; she is the investment manager of hot pot chain Xiabu Xiabu. Zhong joined CDC in 2001 from Beijing International Trust and Investment, where she was responsible for managing the company’s investment portfolio in the Chinese stock market.