Actis Reaches Final Close On Actis Asia Real Estate 2 With More Than US$700mn Of Investable Capital
Actis Asia Real Estate 2 (“AARE2”) represents more than US$700million of fund and co-investment commitments and significant additional co-investment opportunity, which is expected to deliver up to US$1billion of investable capital during the life of the Fund
The Fund continues Actis’ track record in the Asia real estate sector and will allocate capital to invest in real estate that enables the New Economy, with sustainability at the core of our approach, to deliver institutional quality cash flows.
The Fund is already 50% committed with a strong pipeline in place in logistics, industrial, specialised office and data centres.
6 April 2022 London: Actis, a leading global investor in sustainable infrastructure, has today announced it has completed fundraising for Actis Asia Real Estate 2 (“AARE2”). The US$700million total represents LP fund and co-investment commitments, additional co-investment opportunities are expected to deliver up to US$1billion of investable capital during the life of the Fund.
The Fund will allocate capital to invest in real estate that enables the New Economy, focusing on Actis’ key geographies of China, Korea, India and South-East Asia, predominantly in Vietnam. With sustainability as the core of our approach, we focus on delivering institutional quality cash flows by developing and operating assets in some of the world’s most dynamic cities, enabling long-term positive impact on local communities.
The Real Estate team at Actis, led by Brian Chinappi, is comprised of over 30 investment professionals across the world, combining truly global insights into macro themes with a deep understanding of micro-market dynamics and extensive global networks and relationships. A dedicated team of Value Creation and Operations professionals work closely with a fully integrated team of six senior Sustainability professionals.
The AARE2 fundraise saw re-ups as well as new commitments from a range of high quality and diversified global investors. The fund was raised by Actis’ in-house teams, with support from Hodes Weill Securities, LLC.
View the full press release here.