Monthly Archives: May 2003
Ofek Capital Corp. -OFCC- Retains TheStockbroker.com as Investor Relations Counsel
TORONTO–(BUSINESS WIRE)–May 19, 2003–Committed to significantly increasing shareholder value, Ofek Capital Corp. (Pink Sheets:OFCC) announces it has retained TheStockbroker.com, Inc. to provide afull range of investor relations services to the Company. TheStockbroker.com will commence and maintain proactive programs aimed at […]
Extraprise Appoints New Member to Its Board of Directors
BOSTON and LONDON–(BUSINESS WIRE)–May 19, 2003– Yury Parad, a 30-year Veteran of the IT Industry Brings Experience as a Software Executive, Systems Integrator and Venture Capitalist Extraprise(R), the internationally recognized Customer Relationship Management (CRM) consulting firm, today announced that its […]
Nexaweb Secures $4.3 Million in Funding for Breakthrough Smart Client Platform
CAMBRIDGE, Mass.–(BUSINESS WIRE)–May 19, 2003–Nexaweb Technologies Inc. today announced that it completed its first round of institutional financing from Boston-based venture firms Egan-ManagedCapital, Masthead Venture Partners, and Velocity Partners. Nexaweb has created a breakthrough application platform that enables the delivery […]
Gartmore Global Investments Names J. Chris Meyer as Senior VP, Marketing
CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–May 19, 2003–Gartmore Global Investments (GGI) today announced that J. Chris Meyer has joined the firm as senior vice president, marketing, reporting to Wilson”Bill” Santos, executive vice president, distribution. Meyer, a seventeen-year veteran in the financial services industry, […]
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 […]
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 […]
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. […]
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 […]
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 […]
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. […]
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 […]
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 […]