Lehman Brothers pro joins Actis

Amanda Jean-Baptiste, a former principal at Lehman Brothers Real Estate Partners, has joined emerging markets specialist Actis in its London office as director of real estate.

Actis, the private equity investor in emerging markets, has appointed Amanda Jean-Baptiste as a director in its real estate group.

The firm said Jean-Baptiste, who was formerly executive director and principal at Lehman Brothers Real Estate Partners, joined the London office of Actis to originate deals, focusing on pan-Africa. She will report to head of real estate, David Morley.

Morley said in a statement that Jean-Baptiste had worked on a number of successful investments in Europe and also in South Africa. “This newly created position is a function of our growing real estate team,” he added.

Actis announced the close of its global emerging markets fund, Actis Emerging Markets 3 in December 2008 with commitments totalling $2.9 billion (€2.3 billion).