Author Archives: the HedgeCo News Team

ESTIMATES PUT the size of the global hedge fund industry at around $US500 billion – pretty big for an industry most New Zealanders have little contact with. High net worth individuals – those with private accounts at the world’s most […]

CORDIANT, THE advertising group has sold the Financial Dynamics public relations firm to the venture capital group Advent for pounds 26m. Financial Dynamics recorded profits of pounds 3.7m in theyear to December 2002 on a turnover of pounds 34m. The […]

Jul. 5–SAN FRANCISCO–Promising young biotechnology companies backed by venture capital have found themselves shut out of a prestigious grant program because the National Institutes of Health areenforcing a decades-old regulation more strictly. Venture capitalists and entrepreneurs say the new interpretation […]

Venture capital forum to open in early August in E. China BEIJING, July 5 (Xinhua) — The midterm China Venture Capital Forum will be held on August 8 in Jinan, capital of east China’s Shandong Province, according to the organizer. […]

Jul. 4–International financier Peter Brooke, known for his eye for opportunity, is turning his gaze — and that of other investors — on St. Louis’ life-science industry. He is endorsing local efforts to create a $100 million “fund of funds” […]

A new approach may be on the way for supermarket chain Somerfield which has already rejected a bid of nearly pounds 600 million. Former Abbey National banking executive Gareth Jones was saidyesterday to be in discussions with venture capitalists about […]

FORMER Abbey National banking executive Gareth Jones was yesterday reported to be in discussions with venture capitalists about making an approach for Somerfield, the supermarket chain. The news comes just weeks after Somerfield rejected a takeover bid of almost pounds […]

Jul. 4–At a time when the venture capital industry is in a deep slump, leaders in Midwest states are allocating hundreds of millions of dollars to risky investments with hopes of creating jobs aswell as good investment returns. At least […]

ROCHESTER DeltaPoint Capital Management, LLC, the brains behind the Alliance Bank merger, is looking for Central New York companies in which to invest. It set up a $50-million fund, which its managers hope will spawn about 15 new deals. It’s […]

Four Corners Capital Management is trying to reinvent itself after failing to cut it as an issuer of collateralized loan obligations. The Los Angeles money manager is currently working on a mutual fund that would buy the same junk-rated bank […]

Michael Ogan will join Banc One on July 14 as a principal in the Chicago group that underwrites CDOs and credit derivatives. The unit has been in existence under group head Tim Van Housen for about ayear, but it has […]

Jul. 3–NORFOLK, Va. –As the technology bubble inflated in 1999 and 2000, venture capital firms threw money at every company with the next great invention or Internet business. Back then, theHampton Roads Technology Council helped local companies present their business […]