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Weekly Deals and Funds Roundup: 4 October 200604/10/2006. 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
KBC Private Equity, the private equity company of the KBC group, together with three private investors, has acquired 80.5 per cent of the shares of Kop?ivnice, Czech Republic-based truck manufacturer Tatra for approximately $26.2m. The seller is the US-based and NYSE-listed company Terex. Tatra is KBC Private Equity's fifth transaction in Central Europe.
Gilde Healthcare Partners, has invested in Amsterdam Molecular Therapeutics, a specialist in gene therapy. AMT has raised €22m in a series A round subscribed by an international consortium consisting of ABN AMRO Capital/Life Sciences, Advent
Venture Partners, Crédit Agricole Private Equity and Gilde. AMT is the first portfolio company of European venture fund Gilde Healthcare II.
WL Ross & Co. enters India with the acquisition of OCM India for $37m in cash. OCM is a major brand in the worsted fabric market and known for its tweed and jacket suitings sold through 60 wholesalers and 1,200 retailers across the country, and also markets globally.
Emerging markets investment firm Darby Overseas Investments has announced that the Darby Converging Europe Mezzanine Fund has made an €8m investment in AS Rigas Piensaimniekes, a dairy products producers in Latvia. This is the first investment made by the DCEMF since its closing on 1 November 2005.
Metromedia International Group, the owner of interests in communications businesses in the country of Georgia, has announced that it has received an offer to acquire all of the company's business interests in Georgia for a cash price of $480m from an investment group comprised of Istithmar, an alternative investment house based in Dubai, United Arab Emirates; Salford Georgia, the Georgian office of Salford Capital Partners, a private equity and investment management company which manages investments in the CIS and Central & Eastern Europe; and Emergent Telecom Ventures, a communications merchant bank focused on pursuing telecommunications opportunities in the emerging markets. In response to the offer, the company has entered into an agreement with the offering group providing for exclusivity in negotiations with the company during a sixty-day due diligence period.
GTCR has completed the previously announced investment in BNY ConvergEx Group in a transaction valued at over $1bn. BNY ConvergEx Group is an agency brokerage and technology company offering a spectrum of pre-trade, trade and post-trade solutions for traditional money managers, hedge funds, broker-dealers, corporations and plan sponsors.
FUNDS
SBI Capital Markets, the investment banking subsidiary of State Bank of India, and SOFTBANK INVESTMENT, the venture capital arm of Japan's SBI Holdings, have announced their plans to launch a new $100m venture capital fund. The fund will target India's knowledge industrial base with typical investments in the $5-10m range over a holding period of three to five years. The knowledge sectors being targeted include BPO, KPO, life sciences, online businesses, technology-enabled design and manufacturing.
Greenhill & Co. has closed its first venture capital fund, Greenhill SAVP, on $102m. Committed capital is expected to be drawn down from time to time over an investment period of up to five years. The fund expects to focus on early stage investments in companies that offer technology-enabled services or business information services which leverage existing technology to solve a business problem or create substantially improved efficiency.
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