Monthly Archives: June 2003

NEW YORK (HedgeWorld.com) – Almost a year after launching its original hedge fund indexes, Morgan Stanley Capital International has announced the formation of an investable hedge fund index that willbe part of an agreement with Lyxor Asset Management, Paris. The […]

SYDNEY, Australia (HedgeWorld.com) – Australian superannuation trustees have allocated A$1.25 billion (US$ 830 million) in hedge funds, according to a survey completed by the Australian PrudentialRegulation Authority, the regulator of that country’s financial services industry. Although that amount may seem […]

Jun. 30–Even the most ardent boosters of Portland’s proposed high-rise housing and research complex on the riverfront below Oregon Health & Science University say the city is unlikely to becomea national leader in biotechnology. But that doesn’t matter, they say. […]

HPI PHOENIX Equity Partners today spent nearly pounds 50 million on a majority stake in fraud-busting used car database group HPI. The venture capitalist bought a 70% stake in the group from 3i,which bought HPI from the Equifax arm of […]

VENTURE capitalists and well heeled investors are squaring up for bidding wars over two of Britain’s top retailers. CVC Capital Partners and Texas Pacific have begun working on a bid for Debenhams, the High Street chain that has already received […]

A BIDDING war is set to break out for Debenhams after the stores group confirmed it has received a second takeover offer, writes Robert Lea. The new bid is understood to be from venture capital firms CVC and Texas Pacific, […]

Venture capital pool appears to be getting very shallow By BARRY FLYNN Orlando Sentinel Monday, June 30, 2003 If there is a single most important rule for succeeding in business, it probably is to have enough money at your disposal. […]

Winners and losers take time to sort themselves out in Private Equity, testing our patience and our investors�. The key is picking good management teams, not just good �companies�, and giving themtime to mature. Consider Texterity, one of our portfolio […]

The 25 basis point cut in interest rates, the past week, showed the determination of the Federal Reserve to keep deflation at bay. It is taking advantage of an environment of low inflation todiminish the risk of deflation with aggressive […]

Jun. 30–As he prepared to lay off 100 workers at Garden.com three years ago, Cliff Sharples swore he would never do another tech startup. “I said, ‘No way,’ ” says Sharples, a co-founder of the online garden products retailer, one […]

LAGUNA NIGUEL, Calif.–(BUSINESS WIRE)–June 30, 2003–Bitfone Corporation (www.bitfone.com), a leader in over-the-air (OTA) firmware update technology for mobile phones, today announced it hassecured additional funding from Motorola Ventures, the venture capital investment arm of Motorola, Inc. This investment will bring […]

CAESAREA, Israel–(BUSINESS WIRE)–June 30, 2003– Company signs Agreement with Medtronic Inc. regarding distribution of its Diverter(TM) flagship product in the CE-Mark Countries Mindguard(TM), a privately-held leading developer of stroke-prevention medical devices, today announced that it has finalized a financing round […]