$1.7B raised for second long-life infrastructure fund targeting clean energy, transmission, and digital assets in high-growth regions.
Nearly 50% deployed, including solar assets in India and electricity transmission deals in Brazil.
Strong investor backing from global pension funds, sovereign wealth funds, insurers, and funds of funds.
Actis has closed fundraising for its second Long Life Infrastructure Fund (ALLIF2), securing $1.7 billion in commitments. The fund focuses on brownfield infrastructure assets across fast-growing markets in Asia, Latin America, Central and Eastern Europe, the Middle East, and Africa.
The strategy targets clean energy, electricity transmission, district cooling, toll roads, and digital infrastructure, with a goal of enhancing operational performance to generate stable, long-term income with moderate leverage and lower risk.
“Investors are looking for the resilience, scale, and relevance that our long-life infrastructure platform offers,” said Torbjorn Caesar, Chairman and Senior Partner at Actis. “It’s clear from our experience that regions outside the West, in the more populated and faster growing parts of the world, are where compelling infrastructure opportunities can be found.”
Half of the fund has already been deployed, including:
A 100% acquisition of Stride Climate Investments, comprising 21 solar projects across India.
Two new agreements signed in Brazil’s electricity transmission sector, expanding Actis’ platform in the country.
“Our strategy is built for the investor appetite we are seeing: infrastructure businesses in high-growth markets that have a solid operating track record with stable, downside-protected cash flows,” said Adrian Mucalov, Partner and Head of Long Life Infrastructure at Actis.
RELATED ARTICLE: CIP Launches $3 Billion Clean Energy Growth Markets Fund
ALLIF2 follows the success of ALLIF1, which raised $1.3 billion in 2019. Investors in the new fund include pension funds, insurance firms, sovereign wealth funds, and funds of funds across Europe, North America, Asia, and the Middle East.
“This successful fundraise reflects growing investor recognition of Actis’ deep understanding of growth markets and our differentiated approach to delivering stable returns,” added Neda Vakilian, Partner in the Investor Solutions Group at Actis.
Actis, now part of General Atlantic following a 2024 merger, manages a combined $108 billion in assets, with more than $26 billion raised since inception.
Follow ESG News on LinkedIn
