Author Archives: the HedgeCo News Team

About the HedgeCo News Team

The Hedge Fund News Team stays on top of breaking news in the Hedge Fund industry on an hourly basis. Signup to HedgeCo.Net to recieve Daily or Weekly news updates from our team.

Oregon Investments Yield Mixed Results

Jul. 20–It was an idea as patriotic as breaking into the strains of “Oregon, My Oregon” during a meeting of the state Legislature. House members on July 10 unanimously ordered the Oregon Investment Council to make every effort to invest […]

Rand Capital’s Net Asset Value Declines Slightly

Rand Capital Corp. closed the second quarter with a net asset value of $1.65 per share, down a penny a share from the first quarter. The Buffalo-based venture capital firm has total assets of $9.4 million, including $2 million in […]

Seattle-Based Venture Capitalist Helps Raise $130 Million to Seed New Fund

Jul. 19–Seattle-based venture capitalist Jon Staenberg has joined forces with a Los Angeles-based venture-capital company to raise a new fund and connect Seattle to the broader West Coast. Staenberg and Rustic Canyon Group have raised about $130 million for a […]

Who is the 16th least influential person in Britain?

The Dally Mirror this week put us all in its debt by publishing a list of the 100 least influential people in Britain. Many of us are tired of those lists of the 100 richest, or most influential, ormost powerful. […]

Southern Capitol Ventures Closes Technology Fund, Continues to Look for New Investment Opportunities; SouthCap Called One of `Premiere’ Early Stage Funds in Southeast

RESEARCH TRIANGLE PARK, N.C–(BUSINESS WIRE)–July 18, 2003–Southern Capitol Ventures announced today that it has completed fundraising activities for its initial venture fund, Southern CapitolTechnology Fund I. The Fund, which provides early stage investments to regional technology and life science firms, […]

Southern Capitol Ventures Closes Technology Fund, Continues to Look for New Investment Opportunities; SouthCap Called One of `Premiere’ Early Stage Funds in Southeast

RESEARCH TRIANGLE PARK, N.C–(BUSINESS WIRE)–July 18, 2003–Southern Capitol Ventures announced today that it has completed fundraising activities for its initial venture fund, Southern CapitolTechnology Fund I. The Fund, which provides early stage investments to regional technology and life science firms, […]

Waiting for a deal at Wiggins

SHARES in Wiggins, the owner of a string of small airports, were suspended at 4.75p, down 0.25p, last night. The firm, valued at 49m, looks poised to inject itself into what is likely to be anotherproperty developer or venture capital […]

Local CEOs to Share Experience in Running and Funding Middle Market Companies with Entrepreneurs at TCVN Forum

TUSTIN, Calif.–(BUSINESS WIRE)–July 18, 2003–Two local chief executive officers will convey their experiences in raising venture capital financing at the Tech Coast Venture Network (TCVN) Forum onThursday, July 24, 2003 at the UCI University Club in Irvine, Calif. Azad M. […]

Local CEOs to Share Experience in Running and Funding Middle Market Companies with Entrepreneurs at TCVN Forum

TUSTIN, Calif.–(BUSINESS WIRE)–July 18, 2003–Two local chief executive officers will convey their experiences in raising venture capital financing at the Tech Coast Venture Network (TCVN) Forum onThursday, July 24, 2003 at the UCI University Club in Irvine, Calif. Azad M. […]

Linkup May Signal Emerging Trend

WITH THE VENTURE CAPITAL industry mired in a prolonged slump, Jon Staenberg knew it would be tough to raise a new fund this year. So the Seattle venture capitalist, who has backed nearly three dozencompanies over the past decade, did […]

Investments in Minority Businesses Are on Par with Industry Levels, Study Says

Jul. 18–Venture capital investments in minority-run businesses yield profits that are just as strong as industry averages, according to a new survey. A group of 24 venture capital firms that invested in 117 minority companies during the 1990s reported they […]

Capco Needs Reform Or Legislative Axe ; State Could Use The Cash

There’s something odd about the so-called CAPCO scheme and at the very least it deserves the scrutiny that a committee formed by state Treasurer Mike Coffman is going to give it. The $200-million CAPCO, or Certified Capital Company, program was […]