Private equity fund Actis on Thursday said that it has completed fundraising for Actis Energy 5 (AE5), significantly exceeding its $4 billion target, the PE fund said in a statement. With over $4.7 billion of fund commitments and significant co-investment, the Energy team expects to deploy around $6 billion of investable capital.
Of the total amount raised, the fund aims to deploy $850 million in India over the next 4-5 years.
