Author Archives: the HedgeCo News Team
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 […]
Short Interest Data Compiled in New Data Service
A Technology Roundup SUNNYVALE, Calif. (HedgeWorld.com) – A new service offered by Iverson Financial Systems is promising to give complete statistical data on short interest on the New York Stock Exchange, American Stock Exchange, and the Nasdaq. Including 15 years […]
San Jose Mercury News, Calif., Term Sheet Column
May 15–HIGH-SPEED INTERNET CONNECTION CARRIES A STEEP PRICE: Palo Alto’s start-up crowd is a bit perplexed about the city’s policy on fast Internet connections. The city built an undergroundhigh-speed digital fiber loop for businesses to connect to, but it’s prohibitively […]
State pension fund may hedge bets; Recent losses have execs looking to diversify
The people who run the state’s $27.5 billion pension fund could be poised to invest a portion in hedge funds to help diversify its holdings after three years of stock-related losses. James Hearty, executive director of the state’s Pension Reserves […]
SEC concerned about high-risk hedge funds
SEC concerned about high-risk hedge funds From Associated Press, Bloomberg News and New York Times reports Thursday, May 15, 2003 The head of the Securities and Exchange Commission reiterated concern about hedge funds, traditionally an investment outlet for the wealthy […]
Hispania Capital Partners Launches First Hispanic Focused Private Equity Fund
CHICAGO–(BUSINESS WIRE)–May 15, 2003–Hispania Capital Partners (HCP) today announced the launch of the first private equity fund focusing on the U.S. Hispanic market. With up to $70 million undermanagement, HCP, an SBIC licensed by the U.S. Small Business Administration, will […]
CarbonBased Consulting Compares Hedge Fund Accounting Systems
NEW YORK (HedgeWorld.com) – Taking a closer look at the myriad of accounting systems being bought by hedge funds and hedge fund administrators and service providers, CarbonBased Consulting’s recentsurvey shows the growing number of integrated systems being sold. A comparison […]
CSFB/Tremont Index Up 1.96% in April
NEW YORK (HedgeWorld.com) – April was a good month for emerging markets managers and for hedge funds on the whole in the CSFB/ Tremont* Hedge Fund Index, which was up 1.96% last month. The best performing strategy for the time […]
Primer tells entrepreneurs how to get venture capital
A new primer on venture capital is available from the Finance Authority of Maine. The how-to-guide titled, “Financing Bright Ideas: A Primer on Venture Capital in Maine,” is aimed at Maine entrepreneurs who need to raise money to start or […]
Vienna Firm Gets a New Investor
E-Security Inc. had already raised $30 million from venture capitalists, but when a new investor came knocking, it didn’t say no. Today the Vienna-based security software company plans to announce a $5 million investment from Advanced Technology Ventures Inc. (ATV), […]
Venture Capital Mergers, Investment Sales Decline
Venture capitalists, who have not had much luck selling their investments to the public lately, are having almost as much trouble trying to sell their investments to other companies. The number of venture-backed companies sold in the first three months […]
Sabrix Secures $10.5 Million in Series C Funding to Accelerate Growth; Cisco and York among key recent Global 2000 customer wins
SAN RAMON, Calif.–(BUSINESS WIRE)–May 14, 2003–Sabrix, a leading provider of global transaction tax management software and world class tax research, today announced it has received $10.5 millionin Series C financing, led by Trinity Ventures, with participation by existing investors Mohr, […]