Growth markets investor Actis has launched a new office in Hong Kong. Pamela Fang, head of the investor development group in Asia, will lead it. The office will focus mostly on investor relations and client services in Asia and Australasia.
November 23, 2016, London: Actis, a leading growth markets investor, today announced the opening of a new office in Hong Kong. It will be located in Hong Kong’s Central district and will be led by Pamela Fang, Head of the Investor Development Group (IDG) in Asia.
The office will focus predominantly on investor relations and client service in Asia and Australasia and will also complement Actis’ existing office in Beijing. Actis now handles its entire global capital-raising function in-house and the opening of the Hong Kong office follows senior IDG appointments including Carlton Byrd in New York and Bijal Patel in London.
Neil Brown, partner and global head of Investor Development at Actis, said: “Currently 16% of Actis’ investor base is from Asia and Australia yet this region represents 30% of the global capital pool. We are a multi asset investor- the sheer volume of institutional capital and increasing appetite for international allocation in alternatives means we expect the capital that we source from the region to increase significantly. “We have a long track record of investment in the region through our office in Beijing. We know that in order to understand the needs and aspirations of our limited partners, we need to be on the ground, as our investment teams are.
“Pamela was born and raised in Shanghai and has invaluable experience in fundraising and business development in the region- she is supported locally and internationally by a world class in-house team. We are already benefitting from having this dedicated hub in the right time zone led by colleagues with the requisite understanding of language and culture.”
Earlier this year Actis reached final closing on its third opportunistic private real estate fund (“ARE3”) with commitments totalling more than $500m, comfortably exceeding its original $400m target. The fund has a diverse investor base, including pension funds, sovereign wealth funds, development finance institutions and endowments from Africa, Europe, North America and Asia.
For more information:
Pamela Fang, Director, Head of Investor Development Group Asia
As head of the Investor Development Group’s Asia activities, Pamela is responsible for Actis’s fundraising and investor relations in Asia. Prior to joining Actis, Pamela led global business development and fundraising for CDIB Capital Int’l and worked at GE Capital as a senior investment lead focused on direct private equity investments in financial services and healthcare. In addition to over 10 years of PE experience, Pamela also held various senior roles doing business development, mergers & acquisitions, debt structuring and sales working at Morgan Stanley and Barclays Capital. She holds an MBA from the Wharton School, University of Pennsylvania as well as a BA in Economics from University of Pennsylvania.
Actis is a leading investor in growth markets, delivering consistent competitive returns, responsibly. It has a growing portfolio of investments across Asia, Africa and Latin America and US$6.3bn* assets under management today.
The firm invests through insights gained from trusted relationships and local knowledge, deep sector expertise and an unparalleled heritage, set within a culture of active ownership.
Applying developed market disciplines to growth markets, an established team of c. 90 investment professionals in ten countries identify investment opportunities in response to two trends: rising domestic consumption and the need for sustained investment in infrastructure across private equity, energy and real estate asset classes.
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. It calls this “values driving value”.