David Grylls, Nick Luckock and Natalie Kolbe have been promoted from director to partner with Actis, the private equity investor. Grylls, who covers energy, and Luckock, who is on the financial services team are based in London and Kolbe is based in Johannesburg.
London, [18 January 2012]: Actis, the pan-emerging market private equity investor has announced the promotion of three Directors to Partner – David Grylls and Nick Luckock in London, and Natalie Kolbe in Johannesburg:
David Grylls is a member of the Energy team, responsible for Actis’s current and future African energy investments including Umeme.
Nick Luckock is a member of the Financial Services team, advising a number of portfolio companies including India’s IDFC and Brazil’s XP Investimentos, in addition to leading new investments.
Natalie Kolbe covers the South African market, most recently leading Actis’s acquisition of South Africa’s largest vehicle tracking company, Tracker, in October 2011. She is also the Investment Manager for Alexander Forbes and Savcio.
Commenting on the news Paul Fletcher, Senior Partner at Actis said “The promotion of David, Nick and Natalie to the Actis partnership speaks to the quality of their investment activity and intellect. As our sector capability continues to deepen, our promotions reflect that; David’s specialisation in the power industry, Nick’s deep global network and track record in Financial Services, and Natalie’s commitment to the financial and consumer in the South African market are extremely valuable. I’m confident our new Partners will bring fresh perspective and considerable additional insight to the group. I am immensely proud of their achievement.”
The appointments are effective immediately. The Actis partnership is now 31 members strong.
Notes to Editors:
David Grylls has over 20 years of experience developing, financing, building and managing power and energy projects. David joined Actis portfolio company, Globeleq in 2003 and moved to Actis in 2007. Previously, David was a managing director of Midlands Power International, responsible for its power generation businesses in the UK, Pakistan and Turkey, and before that was at Covanta, Mission Energy and BP. He has a BA in Electronics and Electrical Engineering from the University of Bath and an MBA from the University of Kingston.
Nick Luckock plays a leading role in Actis’s global origination and execution activities in the financial services sector. Prior to joining Actis in 2010, Nick was Head of Private Investments at Cambridge Place Investment Management and a Principal at Apax Partners. He also worked in both Australia and London for The Boston Consulting Group. Nick has a BA in History and Politics and a BCom in Finance from the University of Melbourne and an MBA with honours from INSEAD.
Natalie Kolbe joined Actis in 2003 from Thebe Securities where she worked as an equity analyst. Prior to that she worked at Investec Bank where she was responsible for a team of investment consultants. Natalie holds a BCom from the University of the Witwatersrand, an MBA (Cum Laude) from Wits Business School and is a CFA Charterholder.
Actis invests exclusively in the emerging markets with a growing portfolio of investments in Asia, Africa and Latin America; it currently has US$4.6bn funds under management. Actis identifies investment opportunities in the emerging markets by bringing local experts together with specialist sector teams. With over 100 investment professionals on the ground in nine offices worldwide, Actis is proud to actively and positively grow the value of those companies in which it invests.