Actis, a growth markets investor, has appointed Carlton Byrd as a director in the Investor Development Group in the New York office, where he will further bolster the fundraising and investor relations expertise.

Byrd joins from Commonfund, where he was a Managing Director and spent several years raising capital for PE funds from US institutional investors. 

Prior to this, he carried out a number of business development roles in the hedge funds industry, having started his career in Financial Services with Goldman Sachs in 1994, where he spent eight years.

Byrd holds an MBA in Finance from Harvard Business School, and a double degree in Economics and Applied Science from University of Pennsylvania’s Jerome Fisher Program in Management and Technology.

Adiba Ighodaro, Partner and Head of the New York office at Actis, said:  “We are very pleased to welcome Carlton to the team in New York.  Carlton brings with him extensive experience, an impressive track record and considerable acumen. He will further strengthen Actis ‘presence in the US and most importantly his expertise will help to realise the ambitions of our investors.”

Actis has a growing portfolio of investments across Asia, Africa and Latin America and $6.3bn assets under management.

The firm is delivering consistent competitive returns, responsibly across three asset classes of Energy, Real Estate and Private Equity.