Monthly Archives: June 2003

WASHINGTON–(BUSINESS WIRE)–June 20, 2003–Dramatic changes to Australian venture capital tax and fund-raising laws have already paid off with the announcement today that a leading US VC firm islaunching a USD$200 million biotech fund to take advantage of the fast growing […]

Jun. 20–DURHAM, N.C.–XActional, a startup developing technology to make online exchanges of critical corporate data more secure, raised $2.5 million in venture capital — a sign of life in what hasbeen a quiet market for new software companies. And the […]

WASHINGTON (HedgeWorld.com) – The hedge fund business at The Carlyle Group is set to grow and ultimately will be 100%-owned by employees, according to Afsaneh Mashayekhi Beschloss, chief executiveand chief investment officer of Carlyle Asset Management Group. A little more […]

Jun. 19–LOWELL, Mass.–One of the area’s most successful entrepreneurs gave up-and-comers some tips in raising venture capital during last night’s meeting of the Merrimack Valley Venture Forum. Ron Sege, chief executive of Ellacoya Networks in Merrimack, N.H., honed in on […]

HITECH electronics company Pelikon has secured an additional pounds 3.2m of venture capital investment. It is the third round of funding the Caerphillybased business has secured since it was founded in 2000, and brings the total to more than pounds […]

LOS ANGELES–(BUSINESS WIRE)–June 19, 2003–Direct Response Financial Services, Inc. (OTCBB:DRFL) as part of its restructuring announced today a new management team and new Board of Directors. Mr.Ted Kozub replaces Rodney Ray as Chief Executive Officer and will also serve as […]

Amphion Semiconductor, a Belfast-based provider of virtual components for broadband and multimedia communications, yesterday announced that it had closed a $5 million (E4.3 million) funding round,led by the Dublin-based ACT venture capital firm. The syndicate Apax Partners, leaders in the […]

THE INDEPENDENT oil company Faroe Petroleum, whose investors include the venture capitalist 3i Group and the oil exploration company Dana Petroleum, raised pounds 15m through a placing before itslisting on the AIM market. The company is listing 14.5 million shares, […]

BELFAST-BASED Amphion has secured $5million of investment, it was revealed yesterday. The Republic’s ACT Venture Capital led the funding round, which included funding from existing investors Apax Partners’ Funds and Enterprise Equity, and further investment from Invest NI. Amphion, which […]

NEW YORK (HedgeWorld.com) – Alexandra Investment Management, a US$950 million manager in New York, is the third American hedge fund to adopt VALUE, an integrated portfolio and risk managementsoftware launched last yearby Sophis and favored by European managers. Alexandra chose […]

‘My generation has simply lost faith in corporate America to provide us job security. I’m seeing young friends in large companies jump ship, and older employees abruptly displaced by massiverestructurings,” said David Weinstein, 32, the new president of the Chicagoland […]

William Paiva, general partner with Chisholm Private Capital Partners, talks to audience members Monday in Tulsaat a presentation sponsored by the Oklahoma Investment Forum. AARON SHOWALTER / Tulsa World ‘Recession-proof’ biotech firms are solid venture-capital candidates, an industry expert says. […]