United States: General Atlantic to plans Actis acquisition

Growth equity firm General Atlantic has recently revealed plans to acquire sustainable infrastructure investor Actis. This deal will create an investment platform with about  $96 billion in combined assets under management.

Company head Torbjorn Caesar, who will continue to run the business, 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."

Bill Ford, General Atlantic CEO, said, "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."