Author Archives: the HedgeCo News Team
Boulder, Colo., Manager Aims to Bring Hedging Strategy to Average Investors
Jun. 17–Boulder money manager Matthew Rich has launched a new mutual fund designed to bring an increasingly popular hedging strategy to average investors. The Technical Chart Fund will offer what Rich describes as a market-neutral approach that seeks to capture […]
Health care still vibrant sector
William Paiva, general partner with Chisholm Private Capital Partners, talks to audience members Monday in Tulsaat a presentation sponsored by the Oklahoma Investment Forum. AARON SHOWALTER / Tulsa World ‘Recession-proof’ biotech firms are solid venture-capital candidates, an industry expert says. […]
Entrepreneurial center making its mark
‘My generation has simply lost faith in corporate America to provide us job security. I’m seeing young friends in large companies jump ship, and older employees abruptly displaced by massiverestructurings,” said David Weinstein, 32, the new president of the Chicagoland […]
D.C. Area Low on High Tech
The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]
Trusted Network Technologies, Inc. Completes $6 Million in First Round of Financing With Charles River Ventures and Flagship Ventures
ATLANTA, GA — (MARKET WIRE) — 06/16/2003 — Trusted Network Technologies, Inc. (www.trustednetworktech.com), a pioneer and leader in Identity-based Access Control™ software, todayannounced that it has completed a $6 million first round of financing co-led by Boston-based Charles River Ventures […]
Hyde Park Capital Advisors, LLC Announces CyLex Systems, Inc. Sale to Ricoh Company, Ltd.
TAMPA, Fla.–(BUSINESS WIRE)–June 16, 2003–Hyde Park Capital Advisors, LLC is pleased to announce the sale of CyLex Systems, Inc., a Boca Raton, Florida-based document management software company,to Ricoh Company Ltd. Hyde Park Capital Advisors, LLC, the investment banking subsidiary of […]
D.C. Area Low on High Tech
The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]
Unveil Technologies Increases Series A Venture Round to $7.5M with Addition of TD Capital Technology Ventures
WALTHAM, Mass.–(BUSINESS WIRE)–June 16, 2003– TD Capital Technology Ventures Joins Sevin Rosen Funds and Solstice Capital in Current Round, Brings Extensive Experience in Speech Technology and Contact Center Markets to Unveil Unveil Technologies, Inc., a provider of enterprise speech self […]
D.C. Area Low on High Tech
The Washington region has plenty of lawyers but not enough entrepreneurs. Plenty of office space, but not enough business-social networks. Plenty of airports, but not enough new high-tech companies. Despite an explosion of growth in the private sector and a […]
AuctionDrop Secures $2.5 Million in Series A Funding
SAN CARLOS, Calif.–(BUSINESS WIRE)–June 16, 2003–AuctionDrop, the leading eBay consignment service, today announced it has completed a $2.5 million round of funding led by Mobius Venture Capitaland Draper Associates, bringing the total raised to over $3.0 million. This second round […]
Zurich Sells Threadneedle to American Express
LONDON (HedgeWorld.com) – American Express Financial Corp. agreed to buy Threadneedle Asset Management Holdings Ltd. from Zurich Financial Services Group for US$570 million in cash. Threadneedle, a manager of US$1.1 billion in hedge funds and US$75 billion overall, will not […]
Venture funding continues its downward trend, but optimism remains
2003 first quarter data on venture funding suggests that investors were hibernating for the winter-or at least their money was. A slow economy, world events, and the Iraqi conflict contributed to arough quarter for emerging growth companies seeking funds. But […]