Global growth investor General Atlantic is to acquire Actis, a global investor in sustainable infrastructure, creating a diversified, global investment platform with approximately $96bn in combined AUM in the process.
Financial terms of the deal have not been disclosed.
Under the terms of the agreement, Actis will become the sustainable infrastructure arm within General Atlantic’s global investment platform. Actis 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.
With approximately $12.5bn in AUM, Actis has a track record of delivering competitive returns for institutional investors and positive impact for the countries, cities, and communities in which it operates. The firm employs more than 140 investment professionals across its 17 global offices and has raised over $25bn in capital since inception. Actis says it backs structural themes that support long-term, equitable growth in critical infrastructure across the energy transition, digital transition, and supply chain transformation.
General Atlantic was founded in 1980 and has deployed more than $60 billion in global growth companies. In addition to its flagship growth equity strategy, the firm’s investing activities span credit and climate solutions.
