Fundraising

The Moukarim family has sold its majority stake in the Nigerian foam mattress company Mouka to emerging markets buyout firm Actis in an effort to resolve succession problems.

Bahrain-based Investcorp will buy a majority stake in Berlin Packaging, just weeks after the first close on its latest fund.

Zurich-based Emerald Technology Ventures has invested $7 million in cleantech start-up MWOE Solar.

Pamodzi Investment Holdings, a South African black economic empowerment vehicle, has reportedly smashed the record for private equity fundraising in Africa.

The alternative investment asset manager for Deutsche Bank is seeking out established infrastructure assets for its maiden European infrastructure fund.

Altamar Private Equity, a fund of funds manager with exclusively Spanish investors, has closed the country’s largest fund yet on $575m, underlining investor appetite.

Military wireless communications company Datapath has bought competitor Swe-dish Satellite System from Litorina Kapital, registering a four times return on its investment after seven years.

Israeli real estate firm AFI Europe has purchased a €76.5m Bulgarian property as interest in the country grows.

UK turnaround specialist Rutland Partners has bought Attends Healthcare from 3i for €93.5 million.

The New York-based firm’s latest fund closed on nearly twice its initial target.