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.

Daily News, New York, Peter Siris Column

Jul. 14–There are two dynamics at work in the stock market. Hedge fund managers, who think the market is overvalued, keep selling, while individuals, earning less than 1 percent on their moneyfunds, keep buying. One of these groups will be […]

Van Global Hedge Fund Index Posts 1.2% Net Gain in June Hedge Funds Score Fourth Consecutive Positive Month

NASHVILLE, Tenn.–(BUSINESS WIRE)–July 14, 2003–The Van Global Hedge Fund Index gained 1.2% net of fees in June, according to Van Hedge Fund Advisors International, Inc. (VAN), a leading hedge fundadvisory firm. The Index, which is one of the hedge fund […]

Turnover on tap for Conseco board

CEO Bill Shea is the only member of Conseco Inc.’s current board of directors who will carry over to the new board scheduled to take charge after the company emerges from Chapter 11 bankruptcy. IBJ has learned Glenn Hilliard, a […]

SmartSynch secures additional funding

JACKSON – SmartSynch has closed an additional round of funding with its existing investors. The syndicate of investors included JP Morgan Partners, Kinetic Ventures, Lime Rock Partners, Nth Power,OPG Ventures, Siemens Venture Capital and members of the company’s management team. […]

Dallas-Area Nonprofit Group Aims to Help Entrepreneurs

Jul. 13–An area organization hopes to alleviate unemployment by bringing together people who believe in entrepreneurship. Since October 1999, the Indus Entrepreneurs group of Dallas-Fort Worth has created opportunities for business leaders, capital investors, academic researchers and entrepreneurs to interact. […]

Brown plans to bail out Britain’s richest ; Financiers off the tax hook in Budget rewrite

AN extraordinary last-minute alteration to Gordon Brown’s April Budget is under way to spare some of the country’s richest financiers from having to pay millions of pounds in income tax. The Chancellor accidentally caught bosses of venture capital companies as […]

Saint Paul Pioneer Press, Minn., Dave Beal Column

Jul. 12–St. Paul Venture Capital expects its investments to rise 63 percent to $165 million this year, in a trend that’s running counter to the picture nationwide. The investments include two that closed this week in a pair of Plymouth […]

Parley On Orthopedic Startups Will Let Entrepreneurs Bone Up

You can learn how to connect the idea-bone to the finance-bone, and the finance-bone to the profit-bone, in Memphis at the Musculoskeletal New Ventures Conference this fall. The conference, scheduled for Oct. 8-9 at the FedEx Technology Institute, will bring […]

VocalData of Richardson, Texas, Wins Venture Funding

Jul. 11–VocalData Inc. of Richardson will announce Friday that Austin Ventures and other investors will put $12.5 million into the telecommunications software maker. The money, the company’s third round of venture capital funding, will allow the firm to add more […]

Oregon Lawmakers Approve Venture Capital Bill

Jul. 11–The Legislature gave Oregon venture capitalists 100 million reasons to smile Thursday. The House unanimously passed House Bill 3613, which attempts to place $100 million of the state’s Public Employees Retirement Fund in Oregon venture capital during the next […]

Mentor, Ohio, Entrepreneur Shares Knowledge in Book, Seminars, Workshops

Jul. 11–People can be entrepreneurs with little or no capital at all, says Gary G. Schoeniger, author of the audio book “Starting From Scratch: How To Start A Business When You Don’t Have Money.” More than the start-up money, determination […]

Jack Rothstein says “Confirmed Rally!”

This bull market began in March and has performed in gorgeous fashion. Don’t believe me. Let the numbers do the talking. NASDAQ was trading around 1250 on March 12th. It never really came close totesting the lows made last October. […]