Monthly Archives: May 2003

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 […]

VENTURE capital firm 3i Group is continuing to target Scottish investments, despite suffering a huge fall in its asset values last year. Robin Marshall, head of Scottish operations for Britain’s biggest investment company, said medium and long-term prospects for Scotland […]

THE FTSE 100 ended at its highest level so far this year, led by financials such as the venture capitalist 3i. The index closed up 36.1 at 4011.1, 25 per cent above March’s eight-year low. Technologystocks surged as investor appetite […]

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 […]

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 […]

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 […]

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 […]

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 […]

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 […]

May 14–A decade ago, when Massachusetts was also mired in recession, a Republican governor named Bill Weld rolled out an innovative plan to leverage the state’s most important resource, our brains,by starting an emerging technology fund to seed promising new […]

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, […]

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 […]