Actis Raises $750 Million for Infrastructure Fund

SINGAPORE (Reuters) – Actis, a private equity firm, said on Tuesday it has raised $750 million for a fund that will invest primarily in power generation and transport in emerging markets.

The Actis Infrastructure 2 fund will be managed by Actis staff in Singapore, Mumbai and London.

Actis, which focuses on emerging markets, manages about $4.8 billion. (Reporting by Kevin Lim; Editing by Neil Chatterjee)