Torbjorn Caesar, Actis’s Co-Head of Energy business has been elected to succeed Paul Fletcher as the firm’s new Senior Partner. Fletcher moves to be the pan-emerging markets private equity firm’s non-executive Chairman.
Caesar joined Actis in 2002, having founded Globaleq which became Actis’ first energy fund. Following his appointment as Globaleq’s CEO in 2006, he refocused the company and oversaw investments and exits generating a US$1 billion capital gain and a 27% gross return. Since then, he established Actis Infrastructure 2 with fellow energy co-head Mike Till which is currently exiting its investments and is on track to deliver gross returns on the mid-20% range.
He assumes his new position with immediate effect.