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ACTIS

Volume 472: debated on Thursday 21 February 2008

To ask the Secretary of State for International Development what (a) investment positions and (b) subsequent disposals have been made by Actis since 2004; and what the (i) original investment and (ii) sale proceeds were in each case. (186737)

Actis manages funds not only for Government (through CDC) but also for other private equity investors. Details of Actis' investments and sale proceeds are commercially confidential. However, key targets within its 2004-08 business plan are on target to be met or exceeded. This has enabled substantial re-investment to be undertaken by CDC. Additional information on CDC's investments is included in its annual report and accounts.