PE Week Wire — 8/30/06

TPG Newbridge has agreed to acquire a 24.99% stake in BankThai for approximately $186 million.

Rosedale Medical Inc., a Cupertino, Calif.-based developer of glucose monitoring system for diabetics, has raised $20 million in Series C funding, according to a regulatory filing. U.S. Venture Partners and Investor Growth Capital were joined by return backers Pequot Ventures, Thomas McNerney & Partners and Versant Ventures. Sarnoff Corp.