The Development Partners

Actis is a leading private equity investor in emerging markets. To date Actis has US$6.8bn of funds raised and significant investments in Africa, China, India, Latin America, South and South East Asia. Actis is a longstanding, experienced investor throughout Africa and today manages over US$1.5 billion invested in 19 African countries.

During 2006 Actis launched the Actis Africa Real Estate Fund, a dedicated property fund investing in both new and existing assets, with US$150 million under management. Led by their specialist management team, the fund makes investments in the high growth markets of sub-Saharan Africa.

The Actis Africa Real Estate Fund seeks opportunities and sources local expertise to co-develop and manage their investments. Shopping centre developments are a major focus of their diversified fund, which also covers the commercial, residential and light industrial sectors.

The Fund seeks strategic partnerships with equity investors, financial institutions and service providers. Shopping centers funded and developed include The Palms (Nigeria), Accra Mall (Ghana), and The Junction (Kenya).

Commercial developments include Barclays House (Tanzania), The Rwenzori's (Uganda), Nairobi Business Park (Kenya). In 2007 Actis acquired a majority stake in Sinai Marble of Egypt and the Fuel Logistics Group of South Africa, and led the US$1.2 billion buy out of Alexander Forbes, a pan-African risk management and insurance brokerage.

Also in 2007, Actis was awarded Africa Private Equity Firm of the Year 2007 by Private Equity International magazine.