Reuters – Actis Singapore Head Leaves

The head of Actis’ Singapore office, Gary Addison, has left the emerging markets private equity firm after four and a half years, according to an email seen by Reuters. Addison, who was also a partner at Actis with around 20 years of experience in the industry, has no immediate plans to join another company, writes Reuters.

Reuters – The head of Actis’ Singapore office, Gary Addison, has left the emerging markets private equity firm after four and a half years, according to an email seen by Reuters.

Addison, who was also a partner at Actis with around 20 years of experience in the industry, has no immediate plans to join another company, according to a source with direct knowledge of the matter.

Actis has not appointed another head of its Singapore office, two sources told Reuters.

London-based Actis manages $4.6 billion of funds and has invested in businesses as diverse as Rwanda’s second-largest commercial bank and fast food chain Xiabu Xiabu in China.

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