Actis boosts infrastructure team

The firm is increasing its capacity to invest in South and Southeast Asia where there is 'substantial demand' for power and transport infrastructure.

Actis, an emerging markets fund manager, has appointed two directors to its infrastructure team in Singapore and one in Delhi. Robert McGregor will lead Actis’ infrastructure investments in Southeast Asia from Singapore and is joined by Vivek Dixit. Sanjiv Aggarwal will be based in Delhi and will head Actis’ infrastructure business in the Indian sub-continent.

A spokeswoman for the firm told PEO that the three will report to Michael Till and Torbjorn Caesar, co-heads of Actis’ infrastructure business.

Caesar said in a statement that the addition of the three professionals to Actis’ infrastructure team gave the firm an increased capacity to invest in South and Southeast Asia. He said that “with substantial demand for power and transport infrastructure, an increasing level of private sector investment and an improving regulatory environment across these regions, there is great potential to develop valuable opportunities in the region.”

McGregor has held various investment banking roles in the past, all in Asia. He has been head of power and utilities for UBS, head of investment banking for Société Générale, and director of power and utilities at Dresdner Kleinwort Benson.

He has also worked in industry as head of corporate strategy at electricity generator British Energy and head of marketing and sales at Scottish Hydro, a supplier of electricity, gas and telecommunication services.

Dixit joins Actis from Société Générale in Singapore, where he was director of corporate finance advisory for Asia.

Aggarwal, who will be leading Actis’ infrastructure investments in India, was previously at Citigroup, where in his last role he was head of power, energy, chemicals, mining and transportation for India. Before he worked at ANZ Investment Bank for nine years.

Actis’ infrastructure team is 13-strong following the appointments.

The firm’s infrastructure investments are focussed on Africa, Latin America and Asia, and a few of its investments include Fuel Logistics, a South African company that engages in distribution and contract logistics in Africa; South Asia Gateway Terminals, a special purpose vehicle formed to develop a container terminal in the port of Colombo; Empower, a power supplier in Sub-Saharan Africa; and Grain Bulk Handlers, a terminal holding bulk grain at Kenya’s Mombasa port.