Fundraising

The Japan-focused private equity house has acquired OCC Corporation, a cable systems company, from the IRCJ, the state-backed corporate rescue organisation.

Kibo Technology Advancing Capital, a Korean venture capital firm funded mostly by the Korean government agencies, has raised $36 million for two funds this week.

Bear Stearns Merchant Banking will place an increasing focus on financial services companies as it seeks to differentiate itself from other ‘captive’ models.

BTS Investment Advisors, a Swiss private equity advisor, has raised $80 million for expansion capital investments in India.

The Canada Investment Fund for Africa, to be managed by emerging markets-focused firms Actis and Cordiant, will target mid-market opportunities across Africa.

Permira, a European buyout firm, has bought All3Media, maker of UK television programmes Richard and Judy and Formula One, from Bridgepoint for £320m.

The Chicago-based private equity real estate firm has joined with The Preiss Company to build new off-campus student housing at the University of North Carolina, Charlotte.

The fledgling private equity real estate company has closed Benson Elliot Real Estate Partners II on €335m.

Campbell Lutyens, a private equity advisory firm, has appointed Paula Langton in its London office, while Greg Weiner joins in New York.

Kennet Venture Partners, a technology investor, has exited its investment in Cramer, a UK operations and support systems business, in a $375m sale to Amdocs of the US.