private equity emerging markets predecessor cdc group founded 2004 1 headquarters london england united kingdom total assets 7.6 billion number of employees c. 200 website www.act.is actis commonly known as actis is a multi asset emerging market investor . it has a growing portfolio of investments across asia africa and latin america and us 7.6 bn funds under management . applying developed market disciplines to emerging markets an established team of c. 100 investment professionals in ten countries identify investment opportunities in private equity energy and real estate . actis is a signatory to the united nations principles for responsible investment unpri an investor initiative developed by the unep fi and the un global compact . actis targets consistent superior returns across asset classes over the long term bringing financial and social benefits to investors consumers and communities . 2 it is focused on investments in emerging markets in africa china india latin america and south east asia . actis has over 100 investment professionals located in nine countries around the emerging markets . actis was formed in july 2004 as a spinout of cdc group plc formerly the commonwealth development corporation an organization established by the uk government in 1948 to invest in developing economies in africa asia and the caribbean . the actis management team acquired majority ownership of cdc s emerging markets investment platform . history edit actis was created in 2004 as a spinout from cdc group and a 60 % stake was sold to cdc managers and staff for a total consideration of 373 000 . the new company was given a five year umbrella guarantee that it would continue to manage all cdc s existing overseas investments totalling 900 million in cdc funds . according to the uk s department for international development the price was agreed after a valuation by financial advisers kpmg . under the 2004 deal that created actis if the company was to be sold on the open market within 10 years 80 % of the profits and proceeds would go back to the government . in 2007 uk prime minister gordon brown came under attack over the sell off of actis after it became apparent that the formerly government owned business had made millions of pounds for its former employees . 3 on 1 may 2012 the secretary of state for international development andrew mitchell announced that the state s remaining 40 % stake had been sold to the actis management for an initial 8m . the deal also included a share of future profits that could be worth over 62m to the uk government . 4 in august 2013 actis acquired the south african firm transaction capital s payment services unit paycorp for 95 million . 5 in october 2013 the firm announced it had invested 48 million in the indian pharmaceuticals company symbiotec pharmalab for a significant stake . 6 references edit spinout from cdc group company overview of actis capital llp archive . bloomberg businessweek . retrieved on september 1 2014 . 2 more london riverside london se1 2jt united kingdom mps blast incompetent brown over company sell off . the observer 25 november 2007 uk sells share in emerging markets private equity group actis . the guardian 2 may 2012 south africa s transaction capital sells unit to actis for 95 mln international reuters 2013 indulal pm 22 october 2013 . pe firm actis says invests 48 million in indian pharma company . reuters . private equity bain and actis hunt big game in africa . euromoney magazine april 2007 external links edit actis company website v t e private equity and venture capital investment firms investment strategy venture growth mezzanine secondaries leveraged buyout history history of private equity and venture capital early history of private equity private equity in the 1980s private equity in the 1990s private equity in the 2000s investors angel investor corporate venture capital commercial bank crowdfunding institutional investor insurance company investment bank endowment family office fund of funds high net worth individual merchant bank pension fund sovereign wealth fund private equity firms venture capital firms portfolio companies retrieved from https en.wikipedia.org w index.php title actis capital & oldid 718090447 categories private equity firms of the united kingdomfinancial services companies based in london navigation menu personal tools not logged intalkcontributionscreate accountlog in namespaces article talk variants views read edit view history more search navigation main pagecontentsfeatured contentcurrent eventsrandom articledonate to wikipediawikipedia store interaction helpabout wikipediacommunity portalrecent changescontact page tools what links hererelated changesupload filespecial pagespermanent linkpage informationwikidata itemcite this page print export create a bookdownload as pdfprintable version languages edit links this page was last modified on 1 may 2016 at 13 30 . text is available under the creative commons attribution 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