David has over 20 years of experience developing, building and managing power and energy projects. Before joining Actis in 2007, David worked at Globeleq, leading the privatisation of Umeme, the acquisition and refinancing of Sidi Krir and the exit from Fortuna. David was a managing director of Midlands Power International, responsible for their power generation businesses in the UK, Pakistan and Turkey, and before that, was at Covanta, Mission Energy and BP.
Actis is a leading pan-emerging markets private equity firm with US$3.5 billion of funds under management and over 100 investment professionals (including 28 partners) in 14 offices throughout Africa, China, Latin America, South and South East Asia. Actis’s nearly 60-year institutional history of investing exclusively in emerging markets makes it among the most experienced private equity investors in its markets. In the last ten years, Actis has invested US$1.4 billion in over 95 private equity investments.
Actis’s deep local knowledge and extensive on the ground presence enables us to make better informed investment decisions and to spot the opportunities others might miss. These local teams not only drive our deal flow but provide the knowledge to tailor investment strategies to market conditions.
Pan-emerging market perspective
As a result of its long presence in emerging markets, Actis has developed a nuanced approach to sourcing, structuring and managing investments to a successful exit in each of its target markets. Actis can leverage its platform to transfer knowledge and sector expertise across regions and tailor resources to the particular local opportunity. In particular, Actis’s platform has demonstrated an ability to add value where opportunities straddle regions or continents.
Core to our approach is our deep seated belief in responsible investment. We have an internal team dedicated to promoting awareness of Environmental, Social and Governance (ESG) issues who act as internal advisors to all our investment professionals. We believe long term value creation can only be achieved and sustained in such an environment.