General Atlantic has acquired Actis, an investor in sustainable infrastructure, creating an investment platform with approximately $96 billion in combined assets under management.

Actis, a firm with more than 140 investment professionals across its 17 offices and over $25 billion in capital raised since inception, backs structural themes that support growth in infrastructure across the energy transition, digital transition and supply chain transformation. Actis will become the sustainable infrastructure arm within General Atlantic’s global investment platform.

“With the addition of Actis, we are taking a significant step forward to add a sustainable investment capability which positions General Atlantic to capture this opportunity set for our investors,” says Bill Ford, chairman and CEO of General Atlantic.

Morgan Stanley & Co. LLC is serving as financial advisor to General Atlantic. J.P. Morgan Securities LLC is also serving as financial advisor, and Paul, Weiss, Rifkind, Wharton & Garrison LLP and Ashurst LLP are serving as legal counsel to General Atlantic. Goldman Sachs and Campbell Lutyens are serving as financial advisors, and Kirkland & Ellis LLP is serving as legal counsel to Actis.