Are Australian hedge funds, which have more in common with local managed funds than their UK and US counterparts, a viable investment? PAUL ALI and MARTIN GOLD scrutinise the recent performance ofthis $1.1 billion industry There are 65 hedge funds […]

For a number of years, the preeminent Silicon Valley law firm Venture Law Group (VLG) represented the American Basketball Leabgue, competitor to the professional women’s basketball league the WNBA,because it was a fun thing to do. One thing VLG lawyers […]

InPhonic, a D.C.-based wireless firm, said it had received a new infusion of venture capital, allowing it to put off for now its plans to sell shares in a public stock offering, which it had registered to do more than […]

In order to understand investing during the rising portion of the interest rate cycle, let’s look at the last major upswing in rates. Consider the period beginning Sept. 30, 1998, and continuing to the end of December 1999. This 15-month […]

GMAC COMMERCIAL MORTGAGE CORPORAtion (GMACCM), Horsham, Pennsylvania, closed a $400 million interim, floatingrate loan for the acquisition of a portfolio of six Wal-Mart-anchored retail properties inPuerto Rico. The loan includes $35 million of future fundings for the construction of additional […]

Janus Capital Group said Monday that it would once again let new investors buy into its Janus Overseas Fund. The Denver mutual fund firm closed the fund to new investors in April 1998, when assets totaled about $4 billion. It […]

HEDGED BET? Ten months after taking over at Fidelity Fifty, Fergus Shiel has left. He’s widely assumed to be starting a hedge fund–as did his predecessor, John Muresianu. Shiel’s replacement is thewell-regarded Jason Weiner, formerly of Fidelity OTC. GOLD ETF […]

InPhonic, a D.C.-based wireless firm, said it had received a new infusion of venture capital, allowing it to put off for now its plans to sell shares in a public stock offering, which it had registered to do more than […]

The action in the market this week looks to be a yawner. With the July 4th weekend approaching it does not appear that anything of great significance will occur. Last week�s sell off has left thevery short-term indicators a little […]

The 25 basis point cut in interest rates, the past week, showed the determination of the Federal Reserve to keep deflation at bay. It is taking advantage of an environment of low inflation todiminish the risk of deflation with aggressive […]

Winners and losers take time to sort themselves out in Private Equity, testing our patience and our investors�. The key is picking good management teams, not just good �companies�, and giving themtime to mature. Consider Texterity, one of our portfolio […]

Creative thinking and innovation are flourishing at the University of Chicago. The Graduate School of Business’ business- plan competition, the New Venture Challenge, was unusually strong this year,according to Ellen Rudnick, clinical professor and executive director of the Polsky Center […]