Author Archives: the HedgeCo News Team
Lance Russell Gersbachz CA 1942-2003
Lance Gersbach was tragically killed in the Solomon Islands on 18 May this year while working as the business manager/accountant at the Atoifi Hospital on the island of Malaita. He was admitted as a CA in the 1970s while working […]
Hedge funds shape up?
Are Australian hedge funds, which have more in common with local managed funds than their UK and US counterparts, a viable investment? PAUL ALI and MARTIN GOLD scrutinise the recent performance ofthis $1.1 billion industry There are 65 hedge funds […]
Private Equity Update: Is there still money to be made in Private Equity? Find out, in this weeks column!
Winners and losers take time to sort themselves out in Private Equity, testing our patience and our investors�. The key is picking good management teams, not just good �companies�, and giving themtime to mature. Consider Texterity, one of our portfolio […]
Venture capital pool appears to be getting very shallow
Venture capital pool appears to be getting very shallow By BARRY FLYNN Orlando Sentinel Monday, June 30, 2003 If there is a single most important rule for succeeding in business, it probably is to have enough money at your disposal. […]
Takeover battle for Debenhams
A BIDDING war is set to break out for Debenhams after the stores group confirmed it has received a second takeover offer, writes Robert Lea. The new bid is understood to be from venture capital firms CVC and Texas Pacific, […]
Rivals battle for top retailers
VENTURE capitalists and well heeled investors are squaring up for bidding wars over two of Britain’s top retailers. CVC Capital Partners and Texas Pacific have begun working on a bid for Debenhams, the High Street chain that has already received […]
Phoenix buys stake in fraud-buster ; IN BRIEF
HPI PHOENIX Equity Partners today spent nearly pounds 50 million on a majority stake in fraud-busting used car database group HPI. The venture capitalist bought a 70% stake in the group from 3i,which bought HPI from the Equifax arm of […]
Portland Biotechnology Supporters Concede City Will Never Be Industry Leader
Jun. 30–Even the most ardent boosters of Portland’s proposed high-rise housing and research complex on the riverfront below Oregon Health & Science University say the city is unlikely to becomea national leader in biotechnology. But that doesn’t matter, they say. […]
Australian Regulator Studies Allocations to Hedge Funds
SYDNEY, Australia (HedgeWorld.com) – Australian superannuation trustees have allocated A$1.25 billion (US$ 830 million) in hedge funds, according to a survey completed by the Australian PrudentialRegulation Authority, the regulator of that country’s financial services industry. Although that amount may seem […]
MSCI Signs First Licensing Agreement for Investable Index
NEW YORK (HedgeWorld.com) – Almost a year after launching its original hedge fund indexes, Morgan Stanley Capital International has announced the formation of an investable hedge fund index that willbe part of an agreement with Lyxor Asset Management, Paris. The […]
U. of C. biz plan contest exceptionally good this year
Creative thinking and innovation are flourishing at the University of Chicago. The Graduate School of Business’ business- plan competition, the New Venture Challenge, was unusually strong this year,according to Ellen Rudnick, clinical professor and executive director of the Polsky Center […]
Venture Capital : Money Tight In Virginia, As Elsewhere, But Signs Of Life Appear
Businesses looking for money to help them grow shouldn’t pin their hopes on venture capital, although the outlook is not totally bleak, according to a lawyer who specializes in venture capital fortechnology companies. The high-tech bubble has long burst, and […]