Author Archives: the HedgeCo News Team
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 […]
Firm Scouting Colleges For Hottest Ideas ; Venture Company Looking At Schools For Business Options
A Los Angeles venture fund company has moved into Colorado in search of marketable technologies on college campuses. ITU Ventures has opened a two- person office in Denver, with at least $40 million to contribute to the hottest ideas. The […]
Venture trusts seek tax break
THE Government is under fire over plans to create small business investment companies rather than boosting tax incentives for venture capital trusts. The plans could strangle a vital funding lifeline for growing businesses, Chancellor Gordon Brown will be told this […]
Hedge Funds Help Investors Satisfy High Expectations
Jun. 29–A hedge fund — something that makes most small investors get a glazed-eye look or shrink in fear — is becoming more commonplace, but it’s not on Main Street in the investment world justyet. Prateek Mehrotra, chief investment officer […]
If Legislators Can’t Write Own Bills, They Ought To Resign
How stupid can state legislators and the governor be to pass and sign a law giving $75 million to venture capital companies to increase jobs and then have 174 jobs reduced? If you read the June 14article “Jobs bill costing […]
Hedge Funds Help Investors Satisfy High Expectations
Jun. 29–A hedge fund — something that makes most small investors get a glazed-eye look or shrink in fear — is becoming more commonplace, but it’s not on Main Street in the investment world justyet. Prateek Mehrotra, chief investment officer […]