Actis has completed fundraising for its Actis Energy 5 (AE5) fund, significantly exceeding its $4 billion target. With over $4.7 billion of fund commitments and significant co-investment, the energy team expects to deploy around $6 billion of investable capital in this vintage. The fund will allocate capital globally, providing access to power in markets comprising over 80% of the world’s population.

The AE5 fundraise saw sizeable LP re-ups as well as new commitments from a diversifi...