Actis launches India-focused fund
U.K.-based private equity firm Actis plans to launch a $500 million India-focused real estate fund this year, Business Standard reported.
This would be the first India-focused real estate fund launched by any global fund manager since U.S.-based J.P. Morgan raised one in 2014, reported Business Standard.
This is the second Asia real estate–focused fund floated by Actis. Its first fund, Actis Asia Real Estate Fund I, raised $750 million and acquired a Standard Charted Private Equity portfolio.
