Category Archives: HedgeCo News

Firm Scouting Colleges For Hottest Ideas ; Venture Company Looking At Schools For Business Options

A Los Angeles venture fund company has moved into Colorado in search of marketable technologies on college campuses. ITU Ventures has opened a two- person office in Denver, with at least $40 million to contribute to the hottest ideas. The […]

Venture capital pool appears to be getting very shallow

Venture capital pool appears to be getting very shallow By BARRY FLYNN Orlando Sentinel Monday, June 30, 2003 If there is a single most important rule for succeeding in business, it probably is to have enough money at your disposal. […]

Venture Capital : Money Tight In Virginia, As Elsewhere, But Signs Of Life Appear

Businesses looking for money to help them grow shouldn’t pin their hopes on venture capital, although the outlook is not totally bleak, according to a lawyer who specializes in venture capital fortechnology companies. The high-tech bubble has long burst, and […]

Takeover battle for Debenhams

A BIDDING war is set to break out for Debenhams after the stores group confirmed it has received a second takeover offer, writes Robert Lea. The new bid is understood to be from venture capital firms CVC and Texas Pacific, […]

Rivals battle for top retailers

VENTURE capitalists and well heeled investors are squaring up for bidding wars over two of Britain’s top retailers. CVC Capital Partners and Texas Pacific have begun working on a bid for Debenhams, the High Street chain that has already received […]

Phoenix buys stake in fraud-buster ; IN BRIEF

HPI PHOENIX Equity Partners today spent nearly pounds 50 million on a majority stake in fraud-busting used car database group HPI. The venture capitalist bought a 70% stake in the group from 3i,which bought HPI from the Equifax arm of […]

Expand Beyond Corp. Secures $3.66 Million in Series B Institutional Financing

CHICAGO–(BUSINESS WIRE)–June 30, 2003– Up-Round underscores investor and market enthusiasm for company’s leadership position in wireless IT management industry Expand Beyond Corp., the worldwide leader in mobile software for IT management, today announced the closing of a $3.66 million financing […]

Portland Biotechnology Supporters Concede City Will Never Be Industry Leader

Jun. 30–Even the most ardent boosters of Portland’s proposed high-rise housing and research complex on the riverfront below Oregon Health & Science University say the city is unlikely to becomea national leader in biotechnology. But that doesn’t matter, they say. […]

Good Returns and Experience in ‘Software as a Service’ Space Peaks BA Venture Partners Interest in More Deals

FOSTER CITY, Calif.–(BUSINESS WIRE)–June 30, 2003–BA Venture Partners, a leading venture capital firm, today announced it is actively seeking new deals with companies offering software as aservice. “Software as a service” is an application delivered to customers over the Web […]

Kodiak Venture Partners Names John Abraham Venture Partner

WALTHAM, Mass.–(BUSINESS WIRE)–June 30, 2003– Abraham Brings Outstanding Investing Track Record and Operational Expertise Kodiak Venture Partners, a seed and early stage venture firm focused on communications/IT, semiconductor and software companies, today announced that John Abraham has joined the firm […]

Mindguard Ltd. Finalizes $15M Financing Round with Existing and New Investors

CAESAREA, Israel–(BUSINESS WIRE)–June 30, 2003– Company signs Agreement with Medtronic Inc. regarding distribution of its Diverter(TM) flagship product in the CE-Mark Countries Mindguard(TM), a privately-held leading developer of stroke-prevention medical devices, today announced that it has finalized a financing round […]

Australian Regulator Studies Allocations to Hedge Funds

SYDNEY, Australia (HedgeWorld.com) – Australian superannuation trustees have allocated A$1.25 billion (US$ 830 million) in hedge funds, according to a survey completed by the Australian PrudentialRegulation Authority, the regulator of that country’s financial services industry. Although that amount may seem […]