Actis reaches final close on Actis Energy 5

Actis has completed fundraising for Actis Energy 5 (AE5), exceeding its US$4 billion target. With over US$4.7 billion of fund commitments and significant co-investment, the energy team expects to deploy around US$6 billion of investable capital in this vintage. The fund will allocate capital globally, providing access to power in markets comprising over 80% of the world’s population.

The AE5 fundraise saw sizeable LP re-ups as well as new commitments from a diversified investor base. The LP base includes pension funds, insurance companies, endowments, sovereign wealth funds, and other investors from across the globe. The fundraising was conducted entirely during the global pandemic.