Author Archives: the HedgeCo News Team
Key Gains Distribution through Papamarkou
NEW YORK (HedgeWorld.com) – Key Asset Management has formed a strategic alliance with New York-based manager Papamarkou Asset Management, which provides investments services to high-net-worthindividuals and families, endowments and foundations, pension funds and trusts. At the same time, Key Asset […]
Tech mavens say quarter good for venture capital
Venture capital investment for the first quarter here looks pretty decent to some tech mavens, despite the fact that Illinois lags substantially behind other regions of country. Illinois companies only attracted 3.2 percent of the total investment pie, according to […]
Bank Links Ex-Pharmacia Scientists With VC Funds
KALAMAZOO – National City Corp. has joined the campaign to keep exPharmacia employees in Michigan. The bank has rounded up eight members of its national network of venture capital funds to create a multi-million dollar pool of capital for former […]
Entrepreneurs Shun Venture Capital Funding
May 18–Here’s one reason why venture capital investing keeps falling: A growing number of entrepreneurs are shunning venture capitalists. With enough cash to scrape by without venture backing, many veteran entrepreneurs are making do. Raising money is too time-consuming, VCs […]
SEC cautions on hedge funds again
SEC cautions on hedge funds again Associated Press Sunday, May 18, 2003 Washington — The head of the Securities and Exchange Commission reiterated concern about hedge funds, a traditional investment outlet for the wealthy that is increasingly luring small investors. […]
Richmond, Va., Venture Capital Fund Decides Not to Back More Technology Firms
May 18–The venture capital fund that helped spark Richmond’s best-known Internet-economy busts is going out of business. Monument Capital Partners, once considered an answer to the area’s dearth of cash for technology startups, does not plan to invest in any […]
Plunge in cash flow as venture capitalists rein in their millions
SCOTLAND’S venture capital industry had a torrid start to the year with investment in the first quarter falling to its lowest levels in three years. The total amount invested fell from GBP 5.8m in the last quarter of 2002 to […]
Business & Media: Debenhams’ suitor sticks to the shadows: Nick Mathiason on Damon Buffini, the media-shy financial buccaneer who heads venture capital company Permira
NO ONE personifies the secretive world of venture capital better than Permira’s managing director, Damon Buffini. Buffini last week hit the headlines after lodging a pounds 1.5 billion bid to buyDebenhams in a deal agreed by the retail chain’s management. […]
Business & Media: A licence to make money
W ITH equities only just recovering, cash-generative businesses – pubs, fitness centres, real estate and retail chains – are in play to venture capital firms, which can borrow money cheaply andpotentially offer huge returns. It’s why the euros 5 billion […]
Fund Won’t Back More Tech Firms
The venture capital fund that helped spark Richmond’s best-known Internet-economy busts is going out of business. Monument Capital Partners, once considered an answer to the area’s dearth of cash for technology startups, does not plan to invest in any more […]
3i upbeat on Scottish investment
VENTURE capital firm 3i Group is continuing to target Scottish investments, despite suffering a huge fall in its asset values last year. Robin Marshall, head of Scottish operations for Britain’s biggest investment company, said medium and long-term prospects for Scotland […]
3i results dented in ‘year of challenge’
Britain’s flagship venture capital company 3i has continued to invest in technology in a year in which it had to write down the value of existing technology investments by pounds 361 million,severely denting its full-year result. Yesterday 3i reported pounds […]