"General Atlantic Expands with Actis Acquisition for Sustainable Infrastructure Investment"

General Atlantic has entered into a definitive agreement to acquire Actis, creating a diversified global investment platform with approximately $96 billion in combined assets under management. Actis will become the sustainable infrastructure arm within General Atlantic’s global investment platform, retaining independence over its investment decisions and processes. The acquisition aims to advance General Atlantic’s strategic diversification by adding sustainable infrastructure as a distinct, complementary offering alongside its existing capabilities in Growth, Credit, and Climate. The transaction is expected to close in Q2 2024, subject to customary closing conditions and approvals.