Author Archives: the HedgeCo News Team
$50m sought for specialist seed funds
AT LEAST $50 million of private venture capital is being sought to establish specialist seed funds in biotechnology, one of the Government’s key growth sectors. New Zealand Venture Investment Fund general manager Franceska Banga said the fund would invest a […]
San Jose Mercury News, Calif., Term Sheet Column
Jul. 17–START-UPS TO PLAY IMPORTANT ROLE IN VALLEY RECOVERY: Silicon Valley is one of the most dynamic business centers of the world because of its ability to reinvent itself, but the state budgetcrisis presents some difficult choices for us as […]
Star manager leaves Fidelity
Fidelity Investments lost one of its star fund managers this week when David Glancy left to launch a hedge fund. Fidelity analysts said Glancy is leaving Fidelity on a high note, after the Leveraged Company Stock fund he manages gained […]
Minority Businesses Show Profitable Investments, Study Says
Jul. 16–The diverse nature of minority businesses has made them more profitable investments, according to a major national study of minority venture capital released today. While many venture capital firms were placing their bets on high-tech firms in the early […]
Venture Funds Miss Out on Minority Start-Ups, Study Shows
Jul. 16–Clarence Wooten needed $3 million to finance his new company that produced prefabricated Web sites for small businesses on tight budgets — and he wanted to do it debt-free. He spent an exhaustive six months in 1999 making cold […]
Venture Firms Profit from Investing in Minority Start-Ups, Study Finds
Jul. 16–More than a dozen years ago, California’s mammoth teachers’ retirement system invested a modest $7 million in Syncom Inc., a small Maryland venture capital fund specializing inminority-owned start-ups. By the end of 2002, that investment generated a handsome $6.2 […]
Venture capital investment to rise – Enterprise Ireland
Venture capitalists will boost their investment in Irish companies this year as the number of high potential start-ups continues to grow, Enterprise Ireland has predicted. Executive director Mr Pat Maher said “the strong flow of quality projects” will woo investors. […]
First Study of Minority Venture Capital Industry Shows VC-Backed Minority Firms Outperformed S&P 500
KANSAS CITY, Mo.–(BUSINESS WIRE)–July 16, 2003– Kauffman Foundation Report Reveals That Minority-Oriented VCs Favor Broadcast over Broadband Public Pensions Rise as a Source of Capital for Minority VC Funds The Kauffman Foundation today released a pioneering report, MINORITIES AND VENTURE […]
Minority Start-Ups Make Sound Investments, Foundation Finds
Jul. 16–WASHINGTON–Venture capital investments in minority businesses have a solid return, a foundation advancing entrepreneurship announced today. In a study by the Ewing Marion Kauffman Foundation, combined investments exceeded a 20 percent rate of return, compared with 17 percent for […]
Lehman Brothers: Regulators Seek IPO Info
NEW YORK (AP) – Lehman Brothers Holdings Inc. confirmed that regulators have requested information and documents on the Wall Street firm’s sale of initial public offering shares as part of an ongoinginvestigation. The New York Stock Exchange, acting in coordination […]
First Study of Minority Venture Capital Industry Shows VC-Backed Minority Firms Outperformed S&P 500
KANSAS CITY, Mo.–(BUSINESS WIRE)–July 16, 2003– Kauffman Foundation Report Reveals That Minority-Oriented VCs Favor Broadcast over Broadband Public Pensions Rise as a Source of Capital for Minority VC Funds The Kauffman Foundation today released a pioneering report, MINORITIES AND VENTURE […]
Study: Backing Minority Start-Ups Pays
Venture capital investments in minority businesses have a solid return, a foundation advancing entrepreneurship announced Wednesday. In a study conducted by the Ewing Marion Kauffman Foundation, combined investments exceeded a 20 percent rate of return, compared with 17 percent for […]