Category Archives: HedgeCo News
Bitfone Secures Additional Funding from Motorola Ventures
LAGUNA NIGUEL, Calif.–(BUSINESS WIRE)–June 30, 2003–Bitfone Corporation (www.bitfone.com), a leader in over-the-air (OTA) firmware update technology for mobile phones, today announced it hassecured additional funding from Motorola Ventures, the venture capital investment arm of Motorola, Inc. This investment will bring […]
MSCI Signs First Licensing Agreement for Investable Index
NEW YORK (HedgeWorld.com) – Almost a year after launching its original hedge fund indexes, Morgan Stanley Capital International has announced the formation of an investable hedge fund index that willbe part of an agreement with Lyxor Asset Management, Paris. The […]
After High-Tech Curtain Falls, Some Austin, Texas, CEOs Return for Second Act
Jun. 30–As he prepared to lay off 100 workers at Garden.com three years ago, Cliff Sharples swore he would never do another tech startup. “I said, ‘No way,’ ” says Sharples, a co-founder of the online garden products retailer, one […]
Hedge Funds Help Investors Satisfy High Expectations
Jun. 29–A hedge fund — something that makes most small investors get a glazed-eye look or shrink in fear — is becoming more commonplace, but it’s not on Main Street in the investment world justyet. Prateek Mehrotra, chief investment officer […]
If Legislators Can’t Write Own Bills, They Ought To Resign
How stupid can state legislators and the governor be to pass and sign a law giving $75 million to venture capital companies to increase jobs and then have 174 jobs reduced? If you read the June 14article “Jobs bill costing […]
Venture trusts seek tax break
THE Government is under fire over plans to create small business investment companies rather than boosting tax incentives for venture capital trusts. The plans could strangle a vital funding lifeline for growing businesses, Chancellor Gordon Brown will be told this […]
Hedge Funds Help Investors Satisfy High Expectations
Jun. 29–A hedge fund — something that makes most small investors get a glazed-eye look or shrink in fear — is becoming more commonplace, but it’s not on Main Street in the investment world justyet. Prateek Mehrotra, chief investment officer […]
Appleton, Wis.-Area Investment Adviser Saw Promise in Fee-Only System
Jun. 29–As a young man, Vernon Sumnicht loved math calculations and wanted to mix this passion with the excitement of stock market investing. So, in college, he prepared himself with an undergraduate degree in finance and master’s of business administration. […]
How to succeed in business? Have enough money at start ; Entrepreneurs often lack sufficient capital
If there is a single most important rule for succeeding in business, it probably is to have enough money at your disposal. “Most new businesses fail. And if you look at why they fail, the majority are undercapitalized,” said William […]
Business & Media: Business focus: pounds 100bn industry is desperate for deals: Private equity houses are awash with cash to spend but selling on their acquisitions is tricky – so consolidation looms, says Heather Connon
IT IS NO surprise that private equity houses should be among the list of bidders for WestLB’s project finance unit: they are awash with cash and desperate for deals. Somerfield to Safeway, Anglian Water to JJB Sports, Mitchells & Butler […]
Forum Financial Group gets hedge fund contract
Forum Financial Group, a Portland company that provides services to the investment-fund industry, has received a contract from Rydex Capital Partners to provide services to their new registered hedgefund. Rydex Capital Partners SPhinX is a closed-end fund seeking investment returns […]
Fairport Harbor, Ohio, Partners Keep Venture Capital Close to Home
Jun. 28–The phrase “venture capital” often conjures up mental images of computer chip companies and sunny Silicon Valley. But for companies in Northeast Ohio, venture capital sometimes comes from much closer to home. Thomas H. Roulston II has been helping […]