Deals
General Atlantic to Buy Infrastructure Investment Firm Actis
- General Atlantic’s AUM will grow to about $96 billion
- Actis Chairman Caesar will continue to lead the firm
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General Atlantic has agreed to acquire London-based private equity firm Actis, broadening the US investor’s footprint in sustainable infrastructure investment.
The deal will expand General Atlantic’s assets under management to about $96 billion, according to a joint statement from the companies Tuesday. Actis, which manages about $12.5 billion in assets, will become the sustainable infrastructure arm within General Atlantic’s investment platform. Financial terms weren’t disclosed.