Actis Said to Raise $800 Million in New Infra Fund’s First Close

Actis, the private equity firm being acquired by General Atlantic, has raised $800 million at the first close of a new emerging markets-focused infrastructure fund, according to people familiar with the matter.

The London-based firm is aiming for a year-end final close for Actis Long Life Infrastructure Fund 2, the people said, asking not to be identified discussing confidential information. Actis is aiming for about $1.5 billion for the latest pool, up from the $1.23 billion raised by its predecessor, the people said.

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