Actis Closing Debut LatAm PE Spend

Actis Closing Debut LatAm PE Spend

Funds

UK-based EM private equity shop Actis is in talks to close 3 deals in Brazil, representing its first forays into the country and to LatAm as a whole, says partner Patrick Ledoux, who is also co-head of Actis’ Sao Paulo office. The deals should close in about 3 months, he adds. Funds for the investments will come from the $2.9bn Actis EM III Fund, of which $450m is allocated to LatAm, Ledoux tells LatinFinance, adding that the vehicle was raised in 2008. While he does not disclose the names of th

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