Actis Capital LLP is a principal investment firm specializing in expansion capital, PIPEs, replacement capital, management buyouts, going private transactions, property development finance, and mezzanine finance investments. It also invests in the energy sector through the Actis Energy Fund. In Africa, the firm focuses on expansion capital, management buyouts, mezzanine finance, privatizations, and replacement capital. It invests in all sectors with a particular focus on consumer products, energy, financial services, general manufacturing, infrastructure, mining, oil and gas, property, and telecommunications. In this sector the firm prefers to invest $5 million and $100 million. The firm also invests in South Asia, specializing in expansion capital, management buyouts, privatizations and PIPEs. It focuses on pharmaceuticals/biotech, consumer products, outsourcing (tech based), financial institutions, knowledge-based services, manufacturing, and oil and gas. It typically invests in the range of $8 million and $35 million in this region. In China, the firm focuses on expansion capital, management buyouts, and PIPES. It prefers to invest between $5 million and $15 million in all sectors excluding infrastructure, mining, construction, gaming and tobacco. In the Asia Pacific region, it focuses on consumer products, energy, financial services, healthcare, manufacturing (especially manufacturing related to automotive, media, telecommunications, and service businesses). In Latin America the firm invests in the energy sector, airports, and small and medium sized companies. Actis Capital seeks to invest between $5 million and $100 million in its portfolio companies. The firm was founded in July 2004 through a management buyout of CDC Capital Partners. It is headquartered in London, United Kingdom with additional offices in Africa, Asia Pacific, Latin America, and South Asia.