was invited to step in to help provide a solution that would be acceptable to both the Limited Partners of the two funds and the liquidators of the Abraaj estate.
was also poised to buy Abraaj's $1.6bn Private Equity IV fund, operating in Asia and Africa.
"We've seen a number of new funds announcing themselves since then--LeapFrog just raised another fund, Actis
is consistently raising funds--all these guys are ploughing along, and I think that is starting to take dominance over the Abraaj affair," Withagen says.
is an investor in growth markets, delivering consistent competitive returns, responsibly.
, which was founded in 2004, has raised $13 billion since inception and employs over 200 people, including a team of 100 investment professionals.
has a growing portfolio of investments across Asia, Africa and Latin America and has raised over USD 12 billion since inception.
Dr Lassaad Boujbel, founder of MediS, said: "When MediS first partnered with Actis
last year, I was particularly pleased by how aligned they were with us in our intention to grow MediS into a leading regional platform.
invests exclusively in emerging markets with a growing portfolio of investments in Africa, Asia, and Latin America.
said its investment reflects its confidence in the potential of the energy sector in Central America.
FirstRain said that Actis
has been using its monitoring services for over a year in emerging markets such as Africa, South Asia and China.
The private equity investor Actis
will sell its 63% holding in Paras to RB.
, a private equity company, is in discussion with Japan-based Isuzu Motors Ltd.