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.

Experience Is Prevailing Theme at Baltimore Venture Capital Showcase

May 29–Peter Bepler and Matt Voorhees started their tech company the dot-com way: over a keg of beer in a parking lot during alumni weekend at Kenyon College. But when it came time to expand thebusiness, the pair needed more […]

Longmont, Colo.-Based E-Storage Device Firm Snags $22 Million in Investments

May 29–A small storage company in Longmont has been quietly developing its tiny, inexpensive drive for three years, and is ready to face the public with announcements ranging from a windfall ofventure capital to new customers. Cornice Inc. makes storage […]

Advanced Technology Ventures Increases Investment Pace in 2003

PALO ALTO, Calif. & WALTHAM, Mass.–(BUSINESS WIRE)–May 29, 2003– Eight New Investments Made in Emerging Market Leaders Across Communications, Security, Medical Device and Neuroscience Sectors Advanced Technology Ventures (ATV), a leading bi-coastal venture capital firm with $1.5 billion under management, […]

Pitching For Millions, On the Clock

BALTIMORE The giant red timer in the back of the room begins its countdown at eight minutes. That’s just eight minutes for each of the tech executives at the Mid-Atlantic Venture Association’s annual fair to sell the promise of his […]

Regulators Give Their Perspectives at Association Roundtable

WASHINGTON (HedgeWorld.com) – The Mid-Atlantic Hedge Fund Association has put together a panel of officials from the regulatory arena and in the hedge fund industry to discuss the regulatory issuessurrounding the hedge fund industry. “A Discussion of Regulatory Perspectives Concerning […]

Ibbotson Forms Hedge Fund Group, Headed by Ezra Zask

LAKEVILLE, Conn. (HedgeWorld.com) – Ibbotson Associates Advisory launched a hedge fund of funds program that offers services such as manager selection and due diligence, style analysis, riskmanagement and customized portfolio construction. The service is designed for financial intermediaries, including asset […]

Advent Now Focusing on Fund Administrators

SAN FRANCISCO (HedgeWorld.com) – After making an initial push at promoting the use of its “Advent for Hedge Funds” software package to hedge funds, Advent Software Inc. now hopes to gain hedge fundadministrators as clients. Through a strategic alliance with […]

Cornice Secures $22M Financing From Top Tier VCs; Cornice Set to Introduce New Storage Technology in Q2 2003

LONGMONT, Colo.–(BUSINESS WIRE)–May 28, 2003–Cornice Inc., an innovator in compact, high-capacity storage, today announced that the Company closed $22 million in venture capital funding in August2002. The Company received its first venture investment from CIBC Capital Partners, Nokia Venture Partners […]

Myrtle Beach, S.C.-Based Data Protection Firm Receives $1 Million Investment

May 28–Unitrends, a Myrtle Beach-based software data protection company, has received a $1 million investment from a venture capital firm dedicated to helping South Carolina’s high-growth companiesexpand. The cash will help Unitrends expand, including increasing the number of employees from […]

Hedge Funds Rock and Raise Money For a Good Cause

SYDNEY, Australia (HedgeWorld.com) – Long Tooth Capital, The Amplifiers and Typhoon may be new on the hedge fund scene, but don’t expect them to ever show up in any hedge fund databases. They are three rock bands made up of […]

Cheyne Adopts Mark-it for Pricing Credit Swaps

LONDON (HedgeWorld.com) – Mark-it Partners Ltd., which offers a credit derivatives pricing service, signed on hedge fund manager Cheyne Capital Management Ltd., London, as its first asset managerclient. Cheyne agreed to use Mark-it’s credit derivatives swap data for three years, […]

Venture Firms Pump $17.4 Million into Morrisville, N.C., Semiconductor Maker

May 28–A group of venture capitalists put new zip into Ziptronix, a fledgling semiconductor innovator in the Triangle. The Morrisville company closed Tuesday on a $17.4 million infusion from Grotech Capital Group, a Maryland-based firm, and Intersouth Partners of Durham. […]