Monthly Archives: June 2003
Venture Capitalists Wait Out SEC Probe
NEW YORK (AP) – A Securities and Exchange Commission probe of hedge fund practices could affect other private investment partnerships such as venture-capital and buyout funds. The year-old investigation was prompted by concerns about the incidence of fraud at hedge […]
Seed funding for tech-focused companies
THE Malaysian Venture Capital Management Bhd (Mavcap), a wholly owned subsidiary of the Finance Ministry, has committed RM200 million in seed funding for 70 technology-focused companies under itsCradle Investment Programme (CIP). Mavcap expects to commit RM60 million this year and […]
Venture Capitalists Wait Out SEC Probe
A Securities and Exchange Commission probe of hedge fund practices could affect other private investment partnerships such as venture-capital and buyout funds. The year-old investigation was prompted by concerns about the incidence of fraud at hedge funds and their growing […]
Local firm raises $10 mil. in new capital
In a venture capital market many entrepreneurs have left for dead, local technology upstart Sarvega Inc. will announce today that it raised $10 million in fresh capital. The second round of financing was led by InterWest, a prestigious VC firm […]
Colorado Entrepreneurs Hope to Tap Funds of Gun-Shy Investors
Jun. 11–There was a day when life for the entrepreneur seemed too good to be true, when it seemed like any idea scrawled on a cocktail napkin could find funding in 30 days. Today, gun-shy venture capitalists are more closely […]
Citco Adopts Richcourt as Fund Management Unit Name
NEW YORK (HedgeWorld.com) – Citco Group rebranded its hedge funds of funds operations as Richcourt Group, which previously was the name for just its funds. Richcourt Group, which manages US$1.2 billion, stands alongside Citco’s other major divisions, Citco Fund Services, […]
HVB Report: Expect Growing Hedge Fund Concentration
MUNICH, Germany (HedgeWorld.com) – An “activity report” published by the alternatives unit of HVB Group identifies a number of major trends in hedge funds, both on the investor and the manager sideof the industry. “Hedge funds will become mainstream within […]
“A Slap on the Wrist Won’t Work- How to Get Analysts Accountable” – Chris Tarrach, Tarrach Holdings
The recent media and public outrage over conflicts of interest between analysts, investment bankers and their respective clients has captured the headlines in the past year. A record $1.4 billionfine was slapped on ten of Wall Street�s largest houses recently […]
New Index of Indexes Unveiled
LONDON (HedgeWorld.com) – Professor Lionel Martellini last week at a conference in London presented his work on creating an alternative index made up of existing hedge fund indexes. Mr. Martellini, a professor of finance at the University of Southern California, […]
More Financial Advisers Adding Computer-Managed Custom Funds
Jun. 10–Custom mutual funds, created with software, attract wealthy investors — and vehement critics. The hottest trend in the financial-services industry has plenty of foes. Vanguard founder John Bogle attacked it in a speech last year as overpriced and oversold. […]
Involving Bumis in ICT, NEW STRAITS TIMES-MANAGEMENT TIMES
xfdws INVOLVING-BUMIS sked Emerging Markets Datafile June 09, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Involving Bumis in ICT, NEW STRAITS TIMES-MANAGEMENT TIMES Sharifah Kasim ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY […]
Backers investing in region, Partners helping seed Appalachian funds
WASHINGTON – When you think venture capital investment, it’s likely Silicon Valley, technology-rich Boston or Washington’s burgeoning Dulles Corridor come to mind. But private investors and state andfederal governments alike are trying to seed entrepreneurship in Appalachia, attempting to nurture […]