TLDR:
- Global growth equity investor General Atlantic has announced the acquisition of sustainable infrastructure investor Actis.
- Following the acquisition, Actis will become the sustainable infrastructure arm within General Atlantic’s global investment platform.
- General Atlantic Chairman and CEO Bill Ford said the acquisition positions the company to capture the opportunities presented by the global paradigm shift toward sustainability.
- Founded in 2004, Actis is a London-based firm that has grown to more than 140 investment professionals across 17 global offices with approximately $12.5 billion in assets under management (AUM).
- The acquisition is expected to close in Q2 2024.
Global growth equity investor General Atlantic has acquired sustainable infrastructure investor Actis. Following the acquisition, Actis will become the sustainable infrastructure arm within General Atlantic’s global investment platform. The move comes as major asset managers are looking to expand their capabilities to target the rapidly growing infrastructure market, driven by themes such as energy transition and decarbonization. General Atlantic Chairman and CEO Bill Ford stated that the acquisition reflects the global paradigm shift toward sustainability and positions the company to capture the vast investment opportunities it presents. Actis, founded in 2004, is a London-based firm with over 140 investment professionals across 17 global offices and approximately $12.5 billion in assets under management. General Atlantic will manage approximately $96 billion of assets under management across sustainable infrastructure, real estate, growth equity, and credit. The acquisition is expected to close in Q2 2024.
