Monthly Archives: August 2003

MENLO PARK, Calif.–(BUSINESS WIRE)–Aug. 8, 2003–U.S. Venture Partners (USVP) announced today that Timothy J. Connors has become a general partner of the firm. Connors joined the firm as an Associate in June 2001. At USVP, Connors specializes in building enterprise […]

Aug. 8–VERIZON PACT SEEN SEVERAL DAYS AWAY: As Verizon Communications Inc. and its major unions continued negotiating specific language for a contract, the Communications Workers of America saidVerizon is proposing changes in job security and layoff protections that will require […]

Venture capitalist Trevor Loy wants to invest in Colorado entrepreneurs who have great ideas but no money. He wants to find bright people who have mortgaged their home to operate a business out of their garage and need seed money […]

Aug. 7–A Delaware bankruptcy judge on Wednesday approved the sale of ANC Rental Corp.’s assets, nearly 21 months after the Fort Lauderdale parent of Alamo Rent A Car and National Car Rental Systemsought refuge from creditors by filing for Chapter […]

Aug. 7–A local biotechnology consultant and entrepreneur, Eric Button, is starting a $20 million venture-capital fund to put money into medical-diagnostic companies. Button, the president and managing partner of BioEmerge Partners, wants to raise an initial round of money by […]

xfdws FUNDING-TECHNOPRENEURS sked Emerging Markets Datafile August 07, 2003 NEW STRAITS TIMES-MANAGEMENT TIMES MALAYSIA ENGLISH Funding technopreneurs, NEW STRAITS TIMES-MANAGEMENT TIMES Rozana Sani ASIA WorldSources, Inc. 322 MASSACHUSETTS AVENUE 2ND FLOOR, NE WASHINGTON, DC 20002 COPYRIGHT 2003 BY WORLDSOURCES, INC., […]

SCOTTISH Equity Partners, the venture capital group, yesterday said it expected a “very significant” upsurge in deal activity during the second half of 2003, but that over the past 12 months it hadstill bucked the downturn in equity markets. The […]

Aug. 7–ANC Rental Corp. moved a step closer to becoming the property of a New York hedge fund on Wednesday when U.S. Bankruptcy Court Judge Mary Walrath approved the sale of most of ANC’s assets toCerberus Capital Management. Cerberus would […]

HAVING niche information and communications technology (ICT) applications with significant and marketable intellectual properties are must-have selling points for local technopreneurs seeking venturecapital (VC) funding. Apart from having proprietary in- house technology, technopreneurs must also have a committed team and […]

WASHINGTON–(BUSINESS WIRE)–Aug. 6, 2003–Managed Funds Association (MFA), the global voice for the hedge fund industry, today submitted its 2003 Sound Practices for Hedge Fund Managers, to theSecurities and Exchange Commission (SEC), according to John G. Gaine, President. MFA, headquartered in […]

Hudson United Bancorp, one of the largest New Jersey-based banks, is reportedly for sale. Citing unnamed sources, Bloomberg News said Tuesday morning that the Mahwah-based bank hired Morgan Stanley to arrange an auction. Morgan Stanley officials declined to comment and […]

COLORADO SPRINGS, Colo., Aug. 6, 2003 (PRIMEZONE) — Maximum Dynamics, Inc. (OTCBB:MXDY), a financial services company that supports the financial community with back office fund administration andclient side support, announced today that it has signed a letter of intent to […]