Monthly Archives: June 2003

Changes to state pension sought; Hedge funds top treasurer’s plan to reduce risks

State House News Service BOSTON – State Treasurer Timothy Cahill supports a new investment strategy for the state’s faltering $28 billion pension fund that calls for up to 5 percent of assets to be invested in hedge funds. A proposal […]

Venture capital idea from campaign not yet achieved

The General Assembly gave Gov. ROD BLAGOJEVICH many of the things he wanted in the spring legislative session, though a venture capital program was not one of them. During the campaign, it was not uncommon to hear Blagojevich talk about […]

LJH Starts Marketing Service for Managers

NAPLES, Fla. (HedgeWorld.com) – James Hedges teamed up with public relations professional Charlotte Luer to form LJH Financial Marketing Strategies LLC. Mr. Hedges is the founder and president of hedge fund advisory and fund of funds firm LJH Global Investments. […]

Scout Medical Closing Up Shop ; Kirkland Company Backed Developers Of Health Devices

Scout Medical Technologies, a Kirkland investment company that formed three medical device companies over the past three years, is closing after failing to raise more money. Scout Medical, backed with $8 million from MPM Capital, will continue to operate as […]

Pension fund may head to hedge

State Treasurer Tim Cahill expects to ask his colleagues on the state’s pension fund board today to place a piece of the $28 billion retirement account in hedge funds for the first time. Cahill said the dive into hedge funds […]

Fund to Invest in Businesses in Poorer Areas

The New Markets Growth Fund, a venture capital fund based at the University of Maryland’s Robert H. Smith School of Business, has raised $20 million to invest in small businesses in low-income neighborhoods in the District, Prince George’s County and […]

Singapore Regulator Authorizes Two Additional Platinum Funds

LONDON (HedgeWorld.com) – Platinum Capital Management Ltd. received approval from the Monetary Authority of Singapore for two more funds, after getting the OK earlier this year to sell two otherhedge funds in Singapore. The new funds available to Singapore investors […]

UNX Launches New Systems for U.S. Equities Trading

A Technology Roundup NEW YORK (HedgeWorld.com) – MetaECN and FLEXStream are the latest upgraded trading systems from UNX, which offers trading technology predominantly used by hedge funds. Designed to combine the best trading features of numerous trading platforms, MetaECN is […]

Capital IQ Tailors Company Database Tools for Hedge Funds

NEW YORK (HedgeWorld.com) – Capital IQ, which developed a company and deal information system for investment banks and private equity funds, will offer a new version of the software with additionalfeatures designed partly for hedge funds. Hedge funds have been […]

Capital IQ Tailors Company Database Tools for Hedge Funds

NEW YORK (HedgeWorld.com) – Capital IQ, which developed a company and deal information system for investment banks and private equity funds, will offer a new version of the software with additionalfeatures designed partly for hedge funds. Hedge funds have been […]

Qualcomm to Invest Millions in Chinese Startup Companies

Jun. 4–Hoping to spread its brand of wireless technology, Qualcomm said yesterday that it will invest as much as $100 million in startup companies in China. The money is part of the $500 million venture fund the company started in […]

Helpful tips for entrepreneurs

Helpful tips for entrepreneurs Start-ups need to work on their pitches for cash, venture capitalist says By JASON GERTZEN [email protected], Journal Sentinel Wednesday, June 4, 2003 Wisconsin entrepreneurs looking for money could stand to polish the pitches they take to […]