Actis Capital
India's NSE considers stock exchange listing
General Atlantic-backed National Stock Exchange of India (NSE) is considering a listing on the public markets, but first need to consider the impact of upcoming rules.
Foreigners secure entry to India's secondaries market
Indian regulators have opened the door for foreign PE investors seeking to buy secondary stakes in domestic companies. Is this the jumpstart India’s secondary market needs?
Carlyle, Everstone join race for Thomas Cook India - report
The Carlyle Group, Everstone Capital, TA Associates and Bravia Capital have joined the likes of KKR and Actis in competing for Thomas Cook India.
Kotak PE invests $25m in Minda Corporation
Kotak Private Equity Group (KPEG), part of Kotak Mahindra Group, has reportedly invested INR1.25 billion ($25 million) for a minority stake in automotive component firm Minda Corporation.
CDC appoints ex-Actis partner head of direct investment
CDC Group, the UK development finance institution that targets private equity investments in South Asia and sub-Saharan Africa, has appointed Mark Pay to head up its direct investments division. Pay is rejoining the group, having departed in 2004 as part...
Thomas Cook plans to sell its Indian arm
Thomas Cook has initiated a process to sell its 77% stake in Thomas Cook India, a transaction intended to bring down its debt up to GBP890 million ($1.4 billion). Several Private equity investors are said to be potential suitors.
Actis launches tool to assess impact of energy investments
Emerging markets private equity firm Actis has unveiled a tool for assessing the sustainability of its energy investments. It aims to capture the key drivers that build value and pinpoint where improvements could be made.
Actis moves closer to full management buyout
The UK government is moving closer to the sale of its remaining stake Actis, with the private equity firm’s management team the most likely buyers after a 12-month search failed to deliver any rival bidders. However, deep divisions remain over the price...
India's GVK to sell minority stake in Australian business
GVK Power & Infrastructure plans to sell a minority stake in its Australian unit in order to retire debts and fund operations. Private equity investors and strategic partners, working independently or in tandem, are seen as likely buyers.
Actis invests $71m in India's Endurance Technologies
Emerging markets investor Actis has invested INR3.7 billion ($71 million) in Endurance Technologies, one of India’s largest privately held auto component manufacturers.
Actis, Nexus and ChrysCapital's Dhawan win at AVCJ India awards - Update
Ashish Dhawan, the founder and senior managing director of ChrysCapital Investment Advisors who is transitioning out of his role to devote more time to philanthropy, won the AVCJ Special Achievement Award at the AVCJ Indian Private Equity and Venture...
Actis gets $250m from Washington State Investment Board
Washington State Investment Board has committed $250 million to Actis’ latest emerging markets vehicle as part of a more than $550 million allocation to global private equity managers made earlier this month. The other beneficiary was Apax Partners’ eighth...
Khazanah's Parkway tipped to buy Sterling Hospitals from Actis
Parkway Holdings, the Singapore-based hospital operator owned by Khazanah Nasional, is the favored bidder for Actis’ Sterling Hospitals. The deal, which could be worth around INR7 billion ($142 million), would allow Parkway to enter India’s $65 billion...
Actis bolsters its Beijing-based operations team
Emerging market investor Actis has expanded its Beijing-based team with the appointment of Chester Fong as senior advisor to the consumer division and Angus Or as a director in its value creation group.
Providence hires Actis' Tao Sun to head China business
Providence Equity Partners has appointed Tao Sun, formerly of Actis, as managing director and head of China investment activities. Sun will start work at the firm in December.
Actis hires new director to manage portfolio companies
Emerging-market investor Actis has appointed Vincent Low, previously a general manager at Momentive Performance, as director of its value creation group.
Turnarounds in Thailand
Any discussion of private equity opportunities in Southeast Asia seems to hone in on Indonesia. Rich in commodities and with high household consumption levels, the country is perceived as large and lucrative enough for big ticket transactions. Thailand...
Actis considers revised bid from AMRI for Sterling Hospitals
Actis is negotiating the sale of its Indian portfolio company Sterling Hospitals, AMRI, a hospital chain backed by local conglomerate Emami and real estate developer Shrachi Group. AMRI is said to have bid INR6 billion ($133 million) for an 80% stake,...
India's GVK considers PE funding for roads business
GVK Power and Infrastructure is considering private equity funding for its roads business. Isaac George, CFO of GVK, said in an earnings conference call that a couple of investors have already expressed an interest in the company’s transport business....
Former Actis partner in latest India fund spinout
Subba Rao Telidevara, formerly a partner at Actis, has launched an independent fund worth $250 million targeting buyouts, PIPE deals and growth capital investments. The fund, known as LotusPool Capital, is expected to make its first close in 8-12 months,...
Funds dine out in China
Private equity is banking on all-you-can-eat opportunities in China. Last week, Apax Partners became the latest fund to enter the low-to-mid-priced food market, with the acquisition of Golden Jaguar, a buffet-style restaurant chain specializing in Western...
Actis exits Asia Books in Thailand
Actis Capital and Thailand Equity Fund (TEF) have jointly exited their 100% stake in Asia Books, a leading foreign-language books and magazine vendor in Thailand, to Bangkok-based Berli Jucker Public Company.
Aureos targets $200m fund for India, Sri Lanka, Bangladesh
Aureos Capital is targeting a year-end close for a $200 million fund that will invest in India, Sri Lanka and Bangladesh. Balaji Srinivas, managing partner at Aureos India Advisers, told Bloomberg that the Aureos India Fund II would deploy around 15%...
Apax nears Jyothy stake buy - report
Apax Partners is reportedly closing in on a 26% stake in Mumbai-based consumer goods firm Jyothy Laboratories, bringing to an end a battle between several private equity firms over the $150 million deal.