| HBS Case Collection
(Revised from original 2005 version)
Actis & CDC: A New Partnership
The senior managing partner of Actis, a leading private equity investor in emerging markets, must decide whether to go into the market to raise money. Actis was spun out of CDC, a 50-year-old division of the U.K.'s Department for International Development, and is guaranteed a substantial flow of capital under the terms of the demerger agreement. Actis management has to decide whether to focus on developing relationships with its chief limited partner and honing its internal processes or to go out into the market to raise funds.
Keywords: Private Equity;
Partners and Partnerships;
Financial Services Industry;
Hardymon, G. Felda, and Ann Leamon. "Actis & CDC: A New Partnership." Harvard Business School Case 805-122, December 2005. (Revised from original March 2005 version.)