Monthly Archives: June 2003
Shinsei Fund Closes Third Tranche of Funding
LONDON (HedgeWorld.com) – The Shinsei Protected Japan Trust has raised US$70 million since its February launch and announced the closing of its third tranche of funding this month. The fund is the first hedge fund of funds offering for Shinsei […]
Appilog, Inc. Closes $6.5 Million Financing Round, Led by Cedar Fund; Business Service Management Company Addresses CIO-Level Concerns
NEW YORK–(BUSINESS WIRE)–June 24, 2003–Appilog, Inc. announced today that it has closed a $6.5 Million investment in a financing round led by Cedar Fund (www.cedarfund.com) with participation byAppilog’s existing investors, Poalim Ventures and Delta Ventures. Appilog is a software technology […]
Bain Capital Ventures Appoints Jim Maikranz as Special Advisor; IT Industry Veteran Brings 35 Years of Experience to Role
BOSTON–(BUSINESS WIRE)–June 24, 2003–Bain Capital Ventures, the venture capital fund of Bain Capital, today announced the addition of Jim Maikranz as special advisor. Jim, formerly the senior vicepresident of sales for both SAP and J.D. Edwards, brings with him experience […]
Street Talk with Tom Hayden
At last the stars are lined up for a sell off. For the last month the market has felt overvalued, over hyped, and the press has pronounced the Bear dead so many times I thought it might be 1999 allover. […]
Startups break healthcare’s venture funding dry patch
The second quarter’s drought of venture funding for healthcare startups broke last week when San Clemente-based Opus Medical Inc. raised $13.6 million in a third-round investment. Opus plans to use the money to market its AutoCuff device, which is used […]
Venture funding pulled back again in ’02 / The list: Venture capital firms
Local venture capitalists saw their investments in Orange County startups drop 14% to $91 million in 2002 from a year earlier, according to this week’s Business Journal list. Six of the 22 venture capital firms on the list, including two […]
Take My Venture Fund — Please
Private-equity investors are dumping billions of dollars of mistakes into the secondary market. Some scavengers will get rich. By the Numbers | Buyer’s Market With twice as much for sale as there are dollars to spend, brave souls can get […]
Firm Hires ADP to Administer Hedge Funds of Funds
NEW YORK (HedgeWorld.com) – Sands Brothers Asset Management, New York, hired ADP/OMR to handle the fund administration for its hedge funds of funds. ADP’s fund administration group, which is part of Automatic Data Processing Inc.’s brokerage services group, will be […]
Hedge Funds to Total US$1.5 Trillion by the End of the Decade, Report Says
NEW YORK (HedgeWorld.com) – Although its growth is less explosive than in previous years, the hedge fund industry is still gaining ground, according to the 2003 World Wealth Report published byMerrill Lynch and Cap Gemini Ernst & Young. The annual […]
The Orange County Register, Calif., Small Business Column
Jun. 23–If you’ve ever wondered how professional, private investors choose the companies in which to bet their money, you’ll want to attend the Tech Coast Venture Network Forum, 6 p.m. Thursday atthe University of California, Irvine, University Club. Representatives of […]
IndUS Business Journal: Despite a significant drop, Asian Indian-founded companies increase their share of venture capital distribution in the United States, raise $1 billion
WALTHAM, Mass.–(BUSINESS WIRE)–June 23, 2003–Although venture capital received by Asian-Indian founded companies in the United States dropped by $700 million in 2002, they still managed to raisean impressive $1 billion. U.S.-based Indus companies collected $1.02 billion in 2002 as compared […]
IndUS Business Journal: Despite a significant drop, Asian Indian-founded companies increase their share of venture capital distribution in the United States, raise $1 billion
WALTHAM, Mass.–(BUSINESS WIRE)–June 23, 2003–Although venture capital received by Asian-Indian founded companies in the United States dropped by $700 million in 2002, they still managed to raisean impressive $1 billion. U.S.-based Indus companies collected $1.02 billion in 2002 as compared […]