General Atlantic (a global growth equity investor) and Actis (a global investor in sustainable infrastructure) announce that the firms have entered into an agreement under which General Atlantic will acquire Actis, forming a diversified global investment platform with approximately $96 billion in combined assets under management (AUM).
With $12.5 billion in AUM, Actis has a history of delivering competitive returns and focuses on critical infrastructure themes across energy, digital, and supply chains. The firm has over 140 investment professionals across its 17 global offices. Since its inception, Actis has raised over $25 billion in capital.
Actis will now become the sustainable infrastructure arm within General Atlantic’s platform, unlocking opportunities at the intersection of energy transition, digitization, and growth markets.
Bill Ford, Chairman and Chief Executive Officer of General Atlantic, commented: “Addressing the global paradigm shift toward sustainability requires an economic transformation and a capital investment on a massive scale. With the addition of Actis, we are taking a significant step forward to add a sustainable investment capability which positions General Atlantic to capture this opportunity set for our investors.”
“This transaction brings together two highly complementary firms and enhances General Atlantic’s global investment platform with greater scale, broader strategies, and deeper and more local capabilities for deal sourcing and company building,” he added.
Torbjorn Caesar, Chairman and Senior Partner of Actis, said: “The combined firm brings together distinct but highly complementary strategies that unlock long-term value for our investors across key structural themes, including the energy transition and digital transition. The whole is greater than the sum of the parts. Both firms also have a hands-on approach to building businesses and platforms and a shared commitment to sustainability.”
Gabriel Caillaux, Co-President, Head of EMEA, and Head of Climate of General Atlantic, said: “We have a shared commitment to deploying capital in sustainable infrastructure and the energy transition in the decades to come. The acquisition of Actis extends our global footprint and diversifies our offering with an experienced investing team that has built a business on core tenets that align with ours: a thematic approach to investing, focus on innovation and company-building, and long-term orientation. We look forward to creating value for our investors and management teams.”
