How Actis is using FirstRain for emerging market intelligence
Here’s a great example of FirstRain helping a group of users in private equity. I was able to visit Stuart Jackson at Actis before Christmas last year – on a very snowy, cold day in London. One of those days when I am reminded why I left the UK to work in California.
We met at Stuart’s offices on the South Bank to discuss how his team has been successful with FirstRain over the last year.
Actis is a London based private equity investor that invests exclusively in emerging markets like Asia, Africa and Latin America; it has US$4.7bn funds under management and over 100 investment professionals on the ground in nine offices worldwide.
The Actis investment teams already have very strong local and sector knowledge but, because of their broad emerging markets focus, the teams must also stay constantly abreast of global and regional trends and developments and good information can be hard to find in their regions.
Stuart is Global Knowledge and Information Manager at Actis. He set about solving this problem by partnering with us – his goal is to use our automated market monitoring to provide a richer intelligence service to his internal users around the world.
To do this, Stuart worked with us to set up personalized monitors for his investment professionals in regions such as Africa, Latin America and South Asia where his team has found reliable data sources can be difficult to uncover. He told me “we find the company intelligence we receive from FirstRain highly valuable to our day to day work. The timely delivery of interesting, in-depth articles enables us to constantly refine our investment research”.
Each Actis user has a personally configured monitor set up to provide daily alerts on the developments impacting companies of interest within the region. Delivered by email to each user’s PC or Blackberry, the FirstRain monitors provides relevant research and reading materials every day, saving time and helping to build up a detailed understanding of each region of interest.
I’m also delighted that Stuart’s experience with FirstRain is of a very high quality service provider. “I am pleased with the level of service I receive from FirstRain”, he told me, “and the client service ethos which is demonstrated by my FirstRain support team”.
That’s great for my team to hear – nice jobs guys!
