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Weekly Deals and Funds Roundup: 12 October 200512/10/2005. Source: AltAssets. 
 A selection of the latest deals and funds news from across the globe - essential reading for those who need to keep up-to-date with the industry's key developments.
This weekly roundup provides an update on deals and fund activity that did not feature as separate stories in AltAssets' daily news service.
DEALS
ISIS Equity Partners has funded the MBO of Kafevend Group from IKON Office Solutions. Kafevend supplies vending machines to offices in the UK. The company currently has 71 employees. The MBO was led by Kafevend CEO John Collins. He said, 'Whilst Kafevend has experienced good growth in recent years as a subsidiary of IKON, I am delighted to have the opportunity to lead a management buy-out.' ISIS typically invests in transactions where the transaction size is between £5-75m in value in companies with profits in excess of £1m.
San Francisco-based private equity investment firm Golden Gate Capital has acquired Symon Communications, a specialist in software and hardware for real-time data display and enterprise communications. Following the transaction, Charles Ansley, president and CEO, and his existing leadership team will continue in their roles.
Energy Investors Funds, a private equity fund manager that invests in the energy and electric power sector, has announced that its Energy Investors Fund and its Energy Investors Fund II have closed on the sale of their combined 24.3 per cent limited partnership interests in Crockett Cogeneration to GE Energy Financial Services, which increased its ownership interest to approximately 53 per cent. Other financial terms of the transaction have not been disclosed. Crockett is a 240-megawatt natural gas fired cogeneration plant located in Crockett, California, outside San Francisco.
FUNDS
Baltimore, Maryland-based Calvert Street Capital Partners has closed its third fund, CSCP III Fund, on $225m. The new fund will target controlling interest investments in lower middle-market businesses. CSCP provides equity or mezzanine capital to lower middle-market companies for leveraged acquisitions, recapitalisations and growth capital transactions.
Arcapita, a private equity firm with offices in Atlanta, London and Bahrain, is forming a $200m venture capital fund, which Arcapita will anchor with an initial investment of approximately $40m. Arcapita's global head of corporate investment Charlie Ogburn said, 'This is a logical extension of our activities. We started with corporate buy-outs, moved into real estate and have recently had great success in asset-based investments, such as our European wind farm deal. Arcapita will bring a long-term, institutional approach to the venture investment business, in keeping with the way we run our other asset classes.'
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