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Emerging markets focused private equity firm Actis has promoted two Mumbai-based directors, Sanjiv Aggarwal and Shomik Mukherjee, to partners. While Aggarwal looks after the infrastructure investments at Actis, Mukherjee is part of the buyout team. The India operations of

Actis, one of the oldest PE firms active in India, are headed by JM Trivedi.

Actis has also promoted Beijing-based directors Tao Sun and Dong Zhong to partners.

The appointments are effective immediately. As well as their deep regional insights in-country, Actis Partners develop particular industry expertise across six sectors: business services; consumer, including healthcare; financial services; industrials; infrastructure, and real estate. Actis also added 3i Group's Mahesh Chhabria as partner earlier this year. Actis now has 30 partners globally.

Sanjiv Aggarwal is responsible for Actis's Infrastructure business in South Asia. Sanjiv joined Actis's India team in 2008 from Citigroup, where he worked extensively in the Indian infrastructure sector. He previously worked at ANZ Investment Bank for nine years, heading the

project financing team for urban infrastructure and oil & gas. Actis has has formed a joint venture for road & highway projects with Tata Realty & Infrastructure Ltd earlier this year, investing $78 million. It has also reportedly invested in GVK's power business along with 3i Group.

Shomik Mukherjee is responsible for managing investments in Nilgiri's, Paras Pharmaceuticals, Halonix and Sterling Hospitals and driving new investments in the consumer and retail sector.

Shomik joined Actis in 2007 from McKinsey & Co. in London where he was an Engagement Manager advising companies on strategic and operational matters. He has also worked as a consultant with Accenture and with Unilever in India.

JM Trivedi, Actis's Head of South Asia commented, "The promotion of Sanjiv and Shomik greatly strengthens our bench strength in India. Sanjiv's knowledge of infrastructure; and Shomik's experience in the consumer sector provide Actis with immense value and highlight our understanding of the key themes which are powering growth in the emerging markets."

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