Author Archives: the HedgeCo News Team
Venture Capital Investing in Raleigh, N.C.-Area Companies Hits Low
Apr. 30–Venture capital investing in Triangle companies fell during the first three months of 2003 to the lowest level in six years, providing a new answer to the question, “How bad is it?” It’s so bad that the $31.8 million […]
S&P Rates First European Hedge Fund
LONDON (HedgeWorld.com) – Pioneer Global Opportunities plc was the first European hedge fund to receive a rating from Standard & Poor’s and only the third hedge fund overall to be rated by theagency. Managed by Pioneer Alternative Investments, the fixed-income […]
J.C. Clark Closes Preservation Capital
TORONTO (HedgeWorld.com) – J.C. Clark Ltd., an investment management firm, announced the closing of its flagship long/short equity hedge funds to new investors. Three funds are involved: The Preservation Trust is for Canadian investors; Preservation Capital LP is a Bermuda-based […]
Ethics panel OKs official’s business ties
* Michael McMahon, Governor Carcieri’s economic development director, says he wants to leave no possible ethical issue unexamined. * * * PROVIDENCE – At least some of the top state economic development official’s private business dealings do not amount to […]
Colorado Springs, Colo., Venture Capital Investment Continues to Languish
Apr. 29–Venture-capital investments in Colorado Springs companies languished in the first quarter as financing deals nationwide fell for the twelfth consecutive quarter. No locally based startup companies received venture capital during the first three months of 2003, according to the […]
Venture Capital Funding Up Slightly in Florida, Compared to National Trend
Apr. 29–TAMPA, Fla.–Investors pumped less money into upstart technology companies at the start of 2003 than they did at the end of 2002, but Florida saw a small boost in venture funding over thesame period, according to two recent venture […]
Venture Funding Declines in First Quarter
Apr. 29–Venture capital investment fell further in the first quarter, reaching its lowest level in more than five years. Total venture investment nationwide dipped to $3.8 billion in the period ended March 31, off from $4.3 billion the fourth quarter […]
Venture Capital Scarce for Utah’s Tech Firms
Apr. 29–The latest paltry tally of investor dollars dribbling into Utah’s technology sector only underscores the need for a new state-backed $100 million venture capital fund, industry officialssay. For the first quarter of this year, Utah companies managed only six […]
Venture Capital Investment in Slump in San Diego County, Calif., Nationally
Apr. 29–Venture capital investment in San Diego County has hit its worst slump in six years, with only $121 million making its way to privately held startup companies in the first quarter. A study being released today says the grim […]
Colorado Venture Investments Rise 31 Percent in First Quarter, Survey Says
Apr. 29–The money well is pumping again in Colorado, though fewer companies are seeing the green. Venture capital investments in the state increased by 31 percent in the first quarter over the fourth quarter, according to the MoneyTree survey by […]
Venture Capital in Florida Companies Stays Close to Eight-Year Low
Apr. 29–Venture capital invested in Florida companies hovered near an eight-year low during the first quarter as fund managers remained cautious about the economy in general and technology start-upsin particular. The closely watched MoneyTree Survey, to be released today, found […]
First Quarter Ray Of Hope For Venture Capitalists ; Stakes In Several State Companies; Show A Slight Gain
Venture capital investments in Washington state companies gained slightly in the first quarter, providing a ray of hope for entrepreneurs and investors who have waited three years for the batteredstart-up market to rebound. Twenty-five companies – a third of which […]