Author Archives: the HedgeCo News Team
Austin, Texas-Area Companies See Venture Investment Take Dive
Apr. 29–The average size of Central Texas venture capital investments during the first quarter fell by nearly half from the previous year, although the pace of investment remained constant,according to data released Monday. Fourteen Austin companies raised $71 million during […]
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 […]
Florida Start-Ups Receive $25 Million in Venture Capital in First Quarter
Apr. 29–Young Florida companies raised $24.9 million from venture capital firms during the first quarter, with 80 percent of the money in two later-stage deals for companies in Pompano Beach andMelbourne. The first quarter total was nearly 20 percent higher […]
Venture capital hits wall/ Investing dries up in first quarter
Venture-capital investments in Colorado Springs companies languished in the first quarter as financing deals nationwide fell for the 12th consecutive quarter. No locally based startup companies received venture capital during the first three months of 2003, according to the MoneyTree […]
Florida Start-Ups Find Outside Support Scarce
Florida start-up companies received $25 million in venture capital during the first quarter of the year, a slight increase from the fourth quarter of 2002 but only a fraction of what they garnered ayear ago, according to a national survey […]
Money squeeze
Biotech companies looking, to survive from early stages through the conclusion of clinical trials will find it harder am ever to secure venture capital over the next several months, speakers agreedat a recent industry conference. Keith L. Brownlie, leader of […]
Tremont Completes Initial Public Offering of Canadian Registered Fund
TORONTO (HedgeWorld.com) – The Tremont Capital Opportunity Trust’s initial closing totaled C$40 million (US$27.6 million), as the units became listed on the Toronto Stock Exchange, according toTremont Investment Management. Units of the fund are listed under the trading symbol “TT.UN” […]
NASD Fines Altegris: Four Corners’ Test for Sales Lit
WASHINGTON (HedgeWorld.com) – NASD announced that it has censured and fined Altegris Investments Inc., La Jolla, Calif., US$175,000 for marketing hedge funds to investors without fully explaining theassociated risks. Alternatives investment consultant Altegris consented to these actions but neither admitted […]
New Massachusetts Treasurer’s County Fund Trails State’s Performance
Apr. 23–Massachusetts Treasurer Timothy Cahill, who swept into office in January pledging to reverse the disappointing 2002 performance of the state’s $25 billion pension fund, had some dismalnumbers of his own in Norfolk County last year. In 2002, the Norfolk […]
Troullier to Build Hedge Fund Unit at C&M
LONDON (HedgeWorld.com) – Capital & Marketing International Ltd., a capital markets adviser, hired Alexander Troullier to fill a newly created vice president’s post aimed at building C&M’shedge fund and real estate marketing unit. C&M was founded seven years ago by […]