Phillip Singerman is president and executive director of Maryland Technology Development Corp. (TEDCO), a quasi-public organization that promotes promotes economic development in the state through the commercialization, development and deployment of technology. Singerman is a former head of the Economic […]

Network365, the Irish mobile payment technology provider, has completed a E10 million round of private equity funding, led by London-based Advent Venture Partners. Other investors are Amadeus Capital Partners, Trinity Venture Capital, JAFCO and Enterprise Ireland. Last week the Wicklow-based […]

THE INDEPENDENT oil company Faroe Petroleum, whose investors include the venture capitalist 3i Group and the oil exploration company Dana Petroleum, raised pounds 15m through a placing before itslisting on the AIM market. The company is listing 14.5 million shares, […]

Amphion Semiconductor, a Belfast-based provider of virtual components for broadband and multimedia communications, yesterday announced that it had closed a $5 million (E4.3 million) funding round,led by the Dublin-based ACT venture capital firm. The syndicate Apax Partners, leaders in the […]

LOS ANGELES–(BUSINESS WIRE)–June 19, 2003–Direct Response Financial Services, Inc. (OTCBB:DRFL) as part of its restructuring announced today a new management team and new Board of Directors. Mr.Ted Kozub replaces Rodney Ray as Chief Executive Officer and will also serve as […]

HITECH electronics company Pelikon has secured an additional pounds 3.2m of venture capital investment. It is the third round of funding the Caerphillybased business has secured since it was founded in 2000, and brings the total to more than pounds […]

Jun. 19–LOWELL, Mass.–One of the area’s most successful entrepreneurs gave up-and-comers some tips in raising venture capital during last night’s meeting of the Merrimack Valley Venture Forum. Ron Sege, chief executive of Ellacoya Networks in Merrimack, N.H., honed in on […]

WASHINGTON (HedgeWorld.com) – The hedge fund business at The Carlyle Group is set to grow and ultimately will be 100%-owned by employees, according to Afsaneh Mashayekhi Beschloss, chief executiveand chief investment officer of Carlyle Asset Management Group. A little more […]

BELFAST-BASED Amphion has secured $5million of investment, it was revealed yesterday. The Republic’s ACT Venture Capital led the funding round, which included funding from existing investors Apax Partners’ Funds and Enterprise Equity, and further investment from Invest NI. Amphion, which […]

NEW YORK (HedgeWorld.com) – Alexandra Investment Management, a US$950 million manager in New York, is the third American hedge fund to adopt VALUE, an integrated portfolio and risk managementsoftware launched last yearby Sophis and favored by European managers. Alexandra chose […]

Jun. 17–‘Recession-proof’ biotech firms are solid venture-capital candidates, an industry expert says. William Paiva gets frustrated almost daily when he reads newspaper accounts about how the economy is in trouble. He notes that there are some shining stars worth focusing […]

‘My generation has simply lost faith in corporate America to provide us job security. I’m seeing young friends in large companies jump ship, and older employees abruptly displaced by massiverestructurings,” said David Weinstein, 32, the new president of the Chicagoland […]