Monthly Archives: June 2003

Van Global Hedge Fund Index Climbs 3.4% in May Hedge Funds Have Best Month since August 2000

NASHVILLE, Tenn.–(BUSINESS WIRE)–June 13, 2003–The Van Global Hedge Fund Index, a widely cited measure of worldwide hedge fund performance, rose 3.4% net of fees in May, increasing itsyear-to-date return to 6.7% net. According to Van Hedge Fund Advisors International, Inc. […]

PwC: European Regulatory Systems Require Americanization

LONDON (HedgeWorld) – A new PricewaterhouseCoopers LLP publication contends that the European hedge fund industry and national regulators can both learn lessons from American experiences. A key characteristic of the industry in the United States, the report contends, is “that […]

pounds 75m pensions venture

THE retirement savings of London council workers, ranging from probation officers to hygiene inspectors, are to be poured into the potentially risky world of venture capital. The London Pensions Authority, which oversees a pounds 1.2 billion active pension fund for […]

London Pensions Agency Plans UKpound 75 Million Venture

Jun. 13–The retirement savings of London council workers, ranging from probation officers to hygiene inspectors, are to be poured into the potentially risky world of venture capital. The London Pensions Authority, which oversees a UKpound 1.2 billion active pension fund […]

Tech Coast Angels to Teach Local Entrepreneurs How to Qualify for Funding at TCVN Forum

TUSTIN, Calif.–(BUSINESS WIRE)–June 13, 2003–Representatives of the Tech Coast Angels (TCA) and the CEO of one of their portfolio companies will share their experience and knowledge in fundingearly-stage companies at the Tech Coast Venture Network (TCVN) Forum on Thursday, June […]

Private Biotech Firms Attempt to Capture Attention of Venture Capitalists

Jun. 13–Think of it as a beauty pageant for biotechnology companies, where executives dangle promising genes in lieu of twirling batons and everyone gets just eight minutes to strut their stuff. At yesterday’s annual financing forum sponsored by the University […]

Raleigh, N.C., Semiconductor Materials Firm Gets $4 Million in Venture Capital

Jun. 13–RALEIGH, N.C.–Kyma Technologies, a semiconductor materials company, closed on $4 million in new venture capital this week and will add to its staff and production facilities by the end ofthe year. Kyma makes substrates, or wafers, of gallium nitride […]

Pragmatech Software of Amherst, Ohio, Raises Venture Capital Funding

Jun. 12–AMHERST, Ohio–Pragmatech Software has raised $12 million in venture capital funding, the company announced Wednesday, but it took a different path than many software companies. During the high-technology boom, when companies were taking seed money from venture capitalists and […]

NRS Releases AML Compliance Kit

LAKEVILLE, Conn. (HedgeWorld.com) – National Regulatory Services has released its own anti-money laundering compliance kit to help hedge funds and investment advisers keep up-to-date on the recentdevelopments in the pertinent Treasury, Securities and Exchange Commission and National Association of Securities […]

Innovacom Launches New Fund

SAN FRANCISCO, CA and PARIS — (MARKET WIRE) — 06/12/2003 — Innovacom, one of Europe’s leading early stage telecom and information technology venture capital firms, has completed a firstclosing of over 50 million euros on its new fund, Innovacom 5. […]

Innovacom Launches New Fund

Innovacom, one of Europe’s leading early stage telecom and information technology venture capital firms, has completed a first closing of over 50 million euros on its new fund, Innovacom 5. Investors participating in the first closing of Innovacom 5 include […]

UK banks lead pounds 2bn directories deal

THE ITALIAN telecoms firm Telecom Italia yesterday agreed to sell its majority stake in its directories business for just over EUR3bn (pounds 2.1bn) to a consortium of four venture capital firms. BC Partners, CVC Capital Partners, Permira and Investitori Associati […]