Monthly Archives: June 2003
Canadian Scholarship Offered to Promote Alternative Investment Knowledge
TORONTO (HedgeWorld.com) – Norshield Financial Group is offering finance students at University of Toronto and University of Western Ontario scholarships as a way to contribute to the development ofthe alternative investment field in Canada. The hedge fund of funds firm […]
TiE-Rockies Champions Regional Entrepreneurship with `Next Great Idea’ Competition
DENVER–(BUSINESS WIRE)–June 25, 2003– Denver-Based Organization Teams with Local and National Venture Capital Firms and the Colorado Office of Innovation and Technology to Support Next Generation of Rocky Mountain Technology Companies In an effort to foster entrepreneurship in the Rocky […]
A vital role for venture capital ; CITY COMMENT
THE decision expected to be confirmed tomorrow to close the Brussels-based Nasdaq Europe stock market will surprise only those who thought it was so low profile it must have closed already. Neither it, nor its predecessor, Easdaq, have made an […]
Tax Breaks for Insurers Come Back before Rhode Island Legislature
Jun. 25–PROVIDENCE, R.I.–A plan to give insurance companies $50 million in tax breaks so they could make speculative investments in small Rhode Island businesses has resurfaced in the finallegislative push of the season. The Certified Capital Companies, or CAPCO, bill […]
John Glushik and Garheng Kong Both Named Partner at Intersouth Partners
DURHAM, N.C.–(BUSINESS WIRE)–June 25, 2003–Intersouth Partners, one of the nation’s most experienced early stage venture capital firms, announced today that John Glushik and Garheng Kong have bothbeen named Partner at the firm. This announcement comes several months after Intersouth Partners […]
John Glushik and Garheng Kong Both Named Partner at Intersouth Partners
DURHAM, N.C.–(BUSINESS WIRE)–June 25, 2003–Intersouth Partners, one of the nation’s most experienced early stage venture capital firms, announced today that John Glushik and Garheng Kong have bothbeen named Partner at the firm. This announcement comes several months after Intersouth Partners […]
Shinsei Fund Closes Third Tranche of Funding
LONDON (HedgeWorld.com) – The Shinsei Protected Japan Trust has raised US$70 million since its February launch and announced the closing of its third tranche of funding this month. The fund is the first hedge fund of funds offering for Shinsei […]
Appilog, Inc. Closes $6.5 Million Financing Round, Led by Cedar Fund; Business Service Management Company Addresses CIO-Level Concerns
NEW YORK–(BUSINESS WIRE)–June 24, 2003–Appilog, Inc. announced today that it has closed a $6.5 Million investment in a financing round led by Cedar Fund (www.cedarfund.com) with participation byAppilog’s existing investors, Poalim Ventures and Delta Ventures. Appilog is a software technology […]
Bain Capital Ventures Appoints Jim Maikranz as Special Advisor; IT Industry Veteran Brings 35 Years of Experience to Role
BOSTON–(BUSINESS WIRE)–June 24, 2003–Bain Capital Ventures, the venture capital fund of Bain Capital, today announced the addition of Jim Maikranz as special advisor. Jim, formerly the senior vicepresident of sales for both SAP and J.D. Edwards, brings with him experience […]
Street Talk with Tom Hayden
At last the stars are lined up for a sell off. For the last month the market has felt overvalued, over hyped, and the press has pronounced the Bear dead so many times I thought it might be 1999 allover. […]
Startups break healthcare’s venture funding dry patch
The second quarter’s drought of venture funding for healthcare startups broke last week when San Clemente-based Opus Medical Inc. raised $13.6 million in a third-round investment. Opus plans to use the money to market its AutoCuff device, which is used […]
Venture funding pulled back again in ’02 / The list: Venture capital firms
Local venture capitalists saw their investments in Orange County startups drop 14% to $91 million in 2002 from a year earlier, according to this week’s Business Journal list. Six of the 22 venture capital firms on the list, including two […]