Glen Matsumoto Joins Actis’ Team as Partner

Actis, a major private equity firm with key interest in Nigeria has announced that Glen Matsumoto has joined its team.

In an email statement to PageOne Global Desk, Actis said:

Previously Glen held senior leadership positions at EQT, Macquarie, GE and ABB Structured Finance.

He will be focused on exploring growth options for the firm’s real assets business. He will initially be based in New York and report to Actis’ executive committee.

Torbjorn Caesar, Senior Partner at Actis, said:  “Glen and I first worked together at ABB where he built and ran the successful structured finance business. I am delighted to be reunited with him again at Actis. He brings with him an excellent track record of adding value to businesses founded on strong relationships.

His decision to join Actis is a great endorsement of the strength of our existing platform and the conviction we all share in the future of our business.”

Actis has made major investment across assets classes in Nigeria with successful exits. One of them is the popular Ikeja City Mall. The company sold the mall to Attacq and Hyprop.

Actis said it invests in local brands and help them to grow; to attract the best talent; to compete with multinational corporations and to prepare for IPOs.

The company made a major investment in office property in Lagos with the construction of the Heritage Place. It is unclear whether Actis will further invest in retail and office apartments after its positive exit in ICM.

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