Actis launches fourth India-focused fund
Actis Capital is raising its fourth India-focused fund, four years after its predecessor closed at $500 million. The move comes at a difficult time for the Indian fundraising environment, resulting in some GPs dropping out of the market while others take more time to reach a close.
According to a US Securities and Exchange Commission (SEC) filing, the new fund - Actis India 4 - will be managed by at least 12 managers including J.M. Trivedi, Mumbai-based partner and South Asia head...
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