Author Archives: the HedgeCo News Team
Westly Calls for Increased Disclosure and Transparency for Hedge Funds
SACRAMENTO, Calif.–(BUSINESS WIRE)–May 12, 2003–State Controller Steve Westly today called on the federal Securities and Exchange Commission to provide reasonable safeguards for the rapidlygrowing and largely unregulated hedge fund industry. “The proliferation and increasing availability of hedge funds in recent […]
Venture funding drying up for start-ups
Venture funding for network start-ups hit a five-year low in the first quarter, as investors remained cautious in light of a continued industry malaise, concerns over the war in Iraq and the U.S.economy. Venture capital firms put just more than […]
U.S., UK Hedge Funds in Dock over Investor Strategy
May 11–United States and British securities regulators will meet leaders of the hedge fund industry this week to express growing concerns that the lightly-regulated sector could be luring lesssophisticated investors. Dozens of top managers, including Soros Fund Management and Carlyle […]
Big bucks, no ideas for biotech
GOVERNMENT-BACKED groups are proposing to invest up to $225 million in New Zealand’s fledgling biotechnology sector. But there are doubts whether there’s enough Kiwi biotech projects worthy of suchinvestment. South Island entrepreneur Howard Paterson’s biotech venture capital firm Quest VC […]
Promina’s public offer due tomorrow
INSURER Promina will announce the final price tomorrow for its initial public offer for which the institutional book build closed last night amid speculation the issue had been targeted by hedgefunds. Promina, which is made up of the Australian and […]
Venture capital firm slow in raising money
Three years ago, investment firm Emerald Asset Management Inc. created a venture capital firm. That division, called Emerald Venture Capital, quickly began soliciting investors for money to developan incubator for technology businesses in Lancaster. Originally, Emerald Venture Capital was hoping […]
Firms Showcase Business Plans at VC Expo
More than 170 people attended last week’s West Virginia VC Expo in Fairmont. It was the first time the eight state-funded venture capital firms gathered in one place to see presentations from new andgrowing companies. “We were very pleased,” said […]
North America
Investment funds boost E&P PRIVATE equity funds are playing an increasingly important role in the region’s energy sector. Propelled by investors who are less anxious about short-term results, the funds are welcomed by companies that are tired of being punished […]
San Jose Mercury News, Calif., Term Sheet Column
May 1–Full disclosure in business is almost always a good thing. California’s giant pension fund, CalPERS, on Wednesday hammered one of the last nails in the coffin of secrecy in the venture capital industry — and it’s probably a good […]
Venture-Capital Investment Falls to Six-Year Low
May 1–National venture-capital investment tumbled during the first quarter to its lowest level since 1997, extending a three-year slide and reflecting continued economic uncertainty. Surveys released this week by two consulting firms illustrated a venture community still unwilling to commit […]
VC in NC: Bucking the National Trend
But investments still are scarce for entrepreneurs who often need funds the most – “seed” startups. When it comes to “Top Ten” lists, venture capital statistics are not something David Letterman everwould consider for “The Late Show.” But those figures […]
Meritage still taps telecom sector
THERE’S A METHOD BEHIND ONE VENTURE capital firm’s investments in an industry that has spawned headline-making bankruptcies, disappointing earnings, scandals and lawsuits. Denver-based Meritage still focuses on the telecommunications industry, and it is actively seeking new startup companies. Despite the […]