Actis, the pan-emerging market investor with $7.6 billion under management now has an office in New York, its first on North America, and third in the Americas after Sao Paulo and Mexico City. The new office will allow Actis to develop the breadth and depth of its relationships across the North and South American continents as firm enters its second decade of growth.
Actis has a growing portfolio of approximately 70 investments across Africa, Asia and Latin America, driven by the opportunities presented by raid expansion of the new consumer class and the need for sustained investment in domestic infrastructure. The private equity, energy and real estate investment employs about 100 investment professionals operating out of 13 offices, identifying investments in six target sectors; consumer, energy, financial services, healthcare, industrials and real estate.
The new office will be headed up by firm partner Adiba Ighodaro, who commented, “From our new permanent home in New York, the Actis team will strengthen and develop relationships with our growing number of investors across the Americas. As a leading investor in emerging markets, we look forward to continuing to access for our investors compelling investment opportunities in Africa, Asia and Latin America.”
The new office is located on Broadway in New York’s financial district.