Monthly Archives: May 2003
Vienna Firm Gets a New Investor
E-Security Inc. had already raised $30 million from venture capitalists, but when a new investor came knocking, it didn’t say no. Today the Vienna-based security software company plans to announce a $5 million investment from Advanced Technology Ventures Inc. (ATV), […]
Primer tells entrepreneurs how to get venture capital
A new primer on venture capital is available from the Finance Authority of Maine. The how-to-guide titled, “Financing Bright Ideas: A Primer on Venture Capital in Maine,” is aimed at Maine entrepreneurs who need to raise money to start or […]
Van Global Hedge Fund Index Jumps 2.6% Net in April; Hedge Funds Increase Year-to-Date Return to 3.3% Net
NASHVILLE, Tenn.–(BUSINESS WIRE)–May 14, 2003–The Van Global Hedge Fund Index, a widely cited measure of worldwide hedge fund performance, gained 2.6% net of fees in April, its best month sinceJanuary 2001. According to Van Hedge Fund Advisors International, Inc. (VAN), […]
SEC Chief Reiterates Hedge Fund Concerns
WASHINGTON (AP) – The head of the Securities and Exchange Commission on Wednesday reiterated concern about hedge funds, traditionally an investment outlet for the wealthy that are increasingly luringsmall investors. “I believe the time has come for us … to […]
Schroders Aims Higher with Blue Mountain
LONDON (HedgeWorld.com) – Schroders plc launched its third hedge fund of funds, an aggressive multi-strategy fund called Schroders’ Alternative Investment Fund Blue Mountain. The managers of the fund are aiming for annual returns of 10% to 15% with volatility of […]
Clickmarks Announces $5 Million in Venture Financing
Clickmarks, a provider of software solutions for web and wireless application development and deployment, today announced the closing of an additional round of venture funding, investments from Silicon Valley venture capital firm Draper Fisher Jurvetson ePlanet Ventures, RB Webber & […]
Panacya Selected to Present at MAVA Capital Connection 2003
COLUMBIA, Md.–(BUSINESS WIRE)–May 13, 2003– Chairman and CEO Jeb Connor to Discuss Award-Winning e-Business Management Software Firm’s Growth Plans at Region’s Most Prestigious Venture Fair Reinforcing its standing as one of the region’s most successful early stage high technology firms, […]
Maryland Program Teaches Students the Rigors of Small-Business Planning
May 13–It’s not always the thought that counts. At a recent business plan competition at the University of Maryland College Park, young engineers and would-be chief executive officers vying for a piece of a $50,000 pot pushed everything from super-safe […]
North Carolina Biotech Center Invests in Startup Fund
May 13–A Triad seed-stage investment fund is one step nearer to closing another round with a recent investment from the N.C. Biotechnology Center. The center, based in Research Triangle Park, has pledged $15,000 to the Inception Micro Angel Fund LLC, […]
SEC Considers Putting Hedge Funds under Restrictions Similar to Mutual Funds
May 13–Investors who have been hurt by the stock market have searched for anything that has been making money during the last three years. For some, the answer has been hedge funds — high-risk,largely unregulated investment pools. Indeed, hedge funds […]
Electronic Trading Systems Link For Direct Access to NYSE
NEW YORK (HedgeWorld.com) – FutureTrade Technologies is adding access to the New York Stock Exchange floor brokerage services through a strategic partnership with JNK Securities, an institutionaldirect access NYSE member firm. The partnership with JNK will enhance the listed execution […]
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 […]