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Actis Capital LLP

Volume 472: debated on Tuesday 26 February 2008

To ask the Secretary of State for Business, Enterprise and Regulatory Reform what value the Shareholder Executive currently places on its 40 per cent. share of Actis Capital LLP; and if he will make a statement. (189573)

The Department of International Development (DFID) holds the 40 per cent. share of Actis LLP and this is managed, on its behalf, by the Shareholder Executive within BERR.

Although a valuation was commissioned prior to the set up of Actis, the Shareholder Executive has not undertaken any subsequent valuation of the 40 per cent. share. However it is understood that the value of DFID's investment in Actis, reflected in DFID's resource accounts, is £1.677 million.