Monthly Archives: August 2003

Aug. 15–Long before venture capitalist Diosdado Banatao drove his Porsche convertible along Sand Hill Road and piloted his own jets to vacation homes, he walked dirt roads to school in thongslippers and hand-me-down clothes. Known as “Dado,” the 57-year-old Banatao […]

Secretary of State William Galvin kept up his assault on the securities industry yesterday by filing civil complaints against the top managers of three hedge funds he said were preying onunsophisticated investors. The complaints – lodged against managers at Hercules […]

Aug. 14–As part of his first widespread investigation of hedge funds, Secretary of State William F. Galvin yesterday filed civil lawsuits against promoters of three funds that he claimed offered therisky investment vehicles illegally in Massachusetts. The funds named in […]

TOKYO (AP) – Tokyo’s benchmark stock indexes rallied for a fifth straight session to near a one-month closing high Thursday, with investors buying Oji Paper and Sumitomo Metal Industries in a betthat signs of a fledgling rebound would boost corporate […]

NEW YORK–(BUSINESS WIRE)–Aug. 14, 2003–The CSFB/Tremont Investable Hedge Fund Index, comprised of 60 funds across 10 style-based sectors, has been launched. The new index is derived from theCSFB/Tremont Hedge Fund Index, the most widely quoted hedge fund index in the […]

Aug. 14–The Massachusetts pension board today will consider investing up to 2 percent of its $28 billion in assets in housing and business-development projects that could produce economic and socialbenefits for the state and not just financial returns for its […]

MENLO PARK, Calif.–(BUSINESS WIRE)–Aug. 14, 2003–Mayfield, a premier venture capital partnership investing in technology companies for the communications and enterprise software industries, todayappointed Peter Levine a General Partner in the firm. Levine has nearly two decades of operational expertise in […]

TUSTIN, Calif.–(BUSINESS WIRE)–Aug. 14, 2003–A panel of chief executive officers from three early-stage life science companies and the general partner of a venture capital firm will provide anin-depth discussion regarding the various mechanisms for funding and the requirements for successfully […]

Aug. 14–SCHWARZENEGGER SEEKS SUPPORT FROM VENTURE CAPITALISTS: Millionaire Arnold Schwarzenegger hasn’t made much money from his investments with local venture capital firms so far — in fact, somehave been duds. Still, he’s been cautiously courting the area’s VC community, and […]

TEL AVIV, Israel–(BUSINESS WIRE)–Aug. 14, 2003–QuantomiX Ltd, an Israeli life science company which develops and markets capsules that enable on-line accurate analysis of wet cells and tissuebiopsies in an electron microscope, has raised $3.5 million in a second financing round. […]

The outlook for local venture capital fund managers remains cheerless, with the number of new deals dropping and any big returns on existing investments still far off, an industry report said yesterday. The Mid-Atlantic Venture Association’s quarterly survey found that […]

The outlook for local venture capital fund managers remains cheerless, with the number of new deals dropping and any big returns on existing investments still far off, an industry report said yesterday. The Mid-Atlantic Venture Association’s quarterly survey found that […]