Category Archives: HedgeCo News
Survey Finds Large Increase in Colorado Venture Capital Investments
Jul. 29–Colorado entrepreneurs are starting to see the money, after two years of seemingly endless waiting. A national venture capital survey found that Colorado companies raised $229.5 million in the second quarter, up from $154.4 million during the first quarter […]
New York Investment Fund Closer to Taking Control of ANC Rental’s Assets
Jul. 29–A New York hedge fund is a step closer to taking control of Alamo Rent A Car and National Car Rental System after a planned auction of ANC Rental Corp.’s assets attracted no additionalbidders. ANC can skip the auction […]
Netezza Secures $20 Million in Third Round of Financing; Sequoia Capital Leads Existing, Top-tier Investors in New Round, Bringing Total Funding to more than $53 Million
FRAMINGHAM, Mass.–(BUSINESS WIRE)–July 28, 2003–Netezza Corporation today announced that it closed a round of financing totaling $20 million from top-tier venture capitalist firms. Led byCalifornia-based Sequoia Capital, the series C round includes previous investors Matrix Partners, Charles River Ventures, Battery […]
CorrectNet and GIS Team Up to Empower Administrators with Tightly Integrated Web Publishing
HAUPPAUGE, N.Y. & HACKENSACK, N.J.–(BUSINESS WIRE)–July 28, 2003–Global Investment Systems Ltd. (GIS), the leading supplier of specialized accounting software for the securities industry, andCorrectNet, the leader in data consolidation and Web publishing services, announced today that GIS’s fund administration software […]
HOLD FOR RELEASE 1201 a.m. EDT Tuesday July 29
SAN FRANCISCO (AP) — Venture capitalists invested slightly more money in the second quarter than they did in the first quarter, heralding a possible turning point in the industry’s three-year slump,according to industry data to be released Tuesday. The $4.28 […]
Venture-Capital Funding in Washington State Slows to a Trickle
Jul. 28–The rise-and-fall story has an all-too-familiar ring in Washington state when it comes to venture capital. If you chart VC investing over the past five years, what you get is a picture that resembles Mount Rainier. Enrique Godreau, a […]
HOLD FOR RELEASE 0401 GMT Tuesday
SAN FRANCISCO (AP) — Venture capitalists invested slightly more money in the second quarter than they did in the first quarter, heralding a possible turning point in the industry’s three-year slump,according to industry data to be released Tuesday. The $4.28 […]
Venture Capitalists Pump Up Amount Invested by 14 Percent in Second Quarter
Jul. 28–The money invested by venture capitalists rose 14 percent during the second quarter, the first significant jump in three years. Venture investments grew to $4 billion nationally, up from $3.5 billion in the first quarter, according to a survey […]
Fitch: Tough Times For U.S. Higher Education Endowments
NEW YORK–(BUSINESS WIRE)–July 28, 2003–In the last two years colleges and universities have experienced declining endowments. According to a new report published by Fitch Ratings today, discussingcontracting endowments, Fitch emphasizes that market value declines are important as they relate to […]
The rich celebrate as Brown gives way
SOME of the country’s wealthiest financiers will be spared millions of pounds of income tax payments after an extraordinary U- turn by Chancellor Gordon Brown this weekend. The Treasury has agreed to rewrite Brown’s Budget so that highly paid executives […]
Piccadilly sees light at Hornby
SECRET Dealings exposes trading that usually escapes attention. Any trade exceeding three per cent of a company’s value must be declared, but huge amounts of buying and selling went unreported untilnow because dealings were below the threshold. AS the manager […]
Researchers thrive on Wall Street woes
With major Wall Street firms committed to paying $432 million over five years for independent stock research, part of their $1.4 billion settlement with regulators over misleading analysis, investorscan look forward to a lot more research. It’s more and more […]