Author Archives: the HedgeCo News Team

Effective November 1, 2003, provisions concerning the credit against Oklahoma personal income, corporate income, and insurance premiums taxes for investments in certain qualified venture capitalcompanies are extended, and a provision prohibiting the sale of certain residential property to satisfy delinquent […]

IT is no secret that the last three decades have seen the most advances in science and technology in the history of mankind. And it’s the very technology that has revolutionised old industries andcreated new ones. No matter how great […]

THE economic stimulus package announced by Prime Minister Datuk Seri Dr Mahathir Mohamad last week is expected to give a boost to the local information and communications technology (ICT) industry,leading to better growth than previously projected. While there were none […]

Edward L. “Ned” Lilly Jr. wants to take OpenMFG LLC, a software company in Norfolk, to the next level. The company has developed software that helps small manufacturers, with revenues under $50 million a year, manage their manufacturing, distribution and […]

BizCapital, a Metairie-based business and industrial development company that lends capital to small and medium-sized companies, is expanding into Denver, Tampa, Fla., New York and St. Louis. The growth was made possible by a $110 million grant from the federal […]

A GROUP of senior insurance industry executives and venture capital firms are drawing up radical plans to bail out dozens of Britain’s beleaguered life insurers. The consortium is understood to be planning to create a vehicle backed by more than […]

Cordiant, the troubled advertising group, is ready to announce two vital disposals, the pounds 25m sale of its financial PR business Financial Dynamics and a A$63m (pounds 25.4m) deal for itsAustralian business, George Patterson Bates. The two sales are crucial […]

IT SEEMED like such an excellent idea. Launched by Unilever four years ago, My Home aimed to promote the consumer giant’s Persil and Cif cleaning brands while introducing a bit of professionalisminto the domestic cleaning and laundry market. ‘It started […]

VENTURE capital is a term used to describe money invested on risk basis. According to Frank Holmes of Cardiff-based Gambit Corporate Finance there are few true venture capitalists in the UK. The word venturer, he believes, has disappeared from the […]

May 23–Former acting governor Jane Swift, entering the venture capital world that Mitt Romney left to run for her office, has taken a job at Arcadia Partners, a Boston-based firm that invests infor-profit training and education companies. Swift, 38, began […]

STATE COLLEGE, Pa.–(BUSINESS WIRE)–May 23, 2003–HyperNex, Inc. today announced the completion of a $2.5 million venture capital funding round, led by Draper Triangle Ventures with new investmentsfrom CID Equity Partners and Draper Fisher Jurvetson. Existing investors, Staley Capital Partners and […]

WAKEFIELD,Mass.–(BUSINESS WIRE)–May 23, 2003–Dave Furneaux, Managing General Partner at Kodiak Venture Partners, will participate in a panel of industry veterans, representing viewpoints from theenterprise, service provider, venture capital, and global research communities, who will share their perspectives on areas of […]