Actis closed ALLIF2 at $1.7 billion to invest in brownfield infrastructure across emerging markets
The fund targets stable, long-term returns in sectors like renewables, digital infrastructure, and cooling
Nearly half of ALLIF2 is already deployed, and has a near-term pipeline of more than $2 billion
Global sustainable infrastructure investor Actis has achieved financial close for its 2nd Actis Long Life Infrastructure Fund (ALLIF2), having raised $1.7 billion in financial commitments.
The core investment sectors for this fund include renewable energy, electricity transmission and distribution networks, along with district cooling, toll roads, and digital infrastructure. Actis acquired India-based Stride Climate Investments from Macquarie Asset Management in March 2025 through this fund (see India Solar PV News Snippets: Reliance Industries At TaiyangNews Solar Manufacturing Conference & More).
Its long-life infrastructure strategy is to invest in brownfield assets across emerging markets in Asia, Latin America, Central & Eastern Europe, the Middle East and Africa, targeting stable, long-term returns.
“It’s clear from our experience that regions outside the West, in the more populated and faster growing parts of the world, are where compelling infrastructure opportunities can be found. That remains the case today,” said Actis Chairman and Senior Partner Torbjorn Caesar.
Actis says it has already deployed close to 50% of the ALLIF2 fund, and is progressing an actionable near-term pipeline of more than $2 billion. It has commitments from both existing investors as well as new investors, including pension funds, funds of funds, insurance companies and sovereign wealth funds from Europe, North America, Asia and the Middle East.
Its previous fund, ALLIF1, raised $1.3 billion and closed in 2019, taking its total fund raise since the company’s inception to over $26 billion, most of which has been invested across a variety of low-carbon energy and digital infrastructure and real estate assets.