Monthly Archives: June 2003
Hedge Funds Help Investors Satisfy High Expectations
Jun. 29–A hedge fund — something that makes most small investors get a glazed-eye look or shrink in fear — is becoming more commonplace, but it’s not on Main Street in the investment world justyet. Prateek Mehrotra, chief investment officer […]
Venture trusts seek tax break
THE Government is under fire over plans to create small business investment companies rather than boosting tax incentives for venture capital trusts. The plans could strangle a vital funding lifeline for growing businesses, Chancellor Gordon Brown will be told this […]
Business & Media: Business focus: pounds 100bn industry is desperate for deals: Private equity houses are awash with cash to spend but selling on their acquisitions is tricky – so consolidation looms, says Heather Connon
IT IS NO surprise that private equity houses should be among the list of bidders for WestLB’s project finance unit: they are awash with cash and desperate for deals. Somerfield to Safeway, Anglian Water to JJB Sports, Mitchells & Butler […]
How to succeed in business? Have enough money at start ; Entrepreneurs often lack sufficient capital
If there is a single most important rule for succeeding in business, it probably is to have enough money at your disposal. “Most new businesses fail. And if you look at why they fail, the majority are undercapitalized,” said William […]
Capital gains; Venture funding shows signs of rebound
By STEVE ADAMS The Patriot Ledger Larry Genovesi faced two major obstacles while making presentations to two dozen venture capital firms and trying to raise $8 million for his new company, Ammasso Inc. Venture firms were reluctant to invest in […]
Some signs of life after three years of decline
The Patriot Ledger Venture capital activity is showing signs of life after a precipitous three-year decline. Industry researchers say the number of deals and their dollar values are on the upswing, although activity is still a far cry from the […]
Forum Financial Group gets hedge fund contract
Forum Financial Group, a Portland company that provides services to the investment-fund industry, has received a contract from Rydex Capital Partners to provide services to their new registered hedgefund. Rydex Capital Partners SPhinX is a closed-end fund seeking investment returns […]
Stock exchange popularity will return when MBO trend dies ; Despite the recent spate of privatisation, Brian O’Kelly believes the current exodus of companies from the Irish Stock Exchange will, over time, be reversed
The past 18 months have seen many companies leave the Irish Stock Exchange. Much has been written about the apparent demise of the Irish stock market, as evidenced by the recent spate ofprivatisations. These have involved management teams, typically backed […]
Fairport Harbor, Ohio, Partners Keep Venture Capital Close to Home
Jun. 28–The phrase “venture capital” often conjures up mental images of computer chip companies and sunny Silicon Valley. But for companies in Northeast Ohio, venture capital sometimes comes from much closer to home. Thomas H. Roulston II has been helping […]
New venture fund targets distressed communities
CEI Community Ventures, a socially responsible venture capital fund, has launched its New Markets Venture Capital Fund, focused on supporting companies in New Hampshire’s economically distressedcommunities with equity finance and operational assistance resources. One of only seven such entities authorized […]
Rydex Capital Partners Selects Forum Financial Group to Provide Registered Hedge Fund Services; Forum to Service Rydex Registered Hedge Fund
PORTLAND, Maine–(BUSINESS WIRE)–June 27, 2003–Forum Financial Group, a leading global service provider to the investment fund industry, today announced that Rydex Capital Partners has selectedForum to provide a full range of services to their new registered hedge fund. The Rydex […]
Mitt talks up Bay State to biotech bigs
The Bay State is about as cheap a place to do business as other biotech hotspots and there is relatively more venture capital here, Gov. Mitt Romney told international industry leaders yesterday in asales pitch for the state. His appeal […]