LONDON (HedgeWorld) – A new PricewaterhouseCoopers LLP publication contends that the European hedge fund industry and national regulators can both learn lessons from American experiences. A key characteristic of the industry in the United States, the report contends, is “that […]

NEW YORK (AP) – A Securities and Exchange Commission probe of hedge fund practices could affect other private investment partnerships such as venture-capital and buyout funds. The year-old investigation was prompted by concerns about the incidence of fraud at hedge […]

THE ITALIAN telecoms firm Telecom Italia yesterday agreed to sell its majority stake in its directories business for just over EUR3bn (pounds 2.1bn) to a consortium of four venture capital firms. BC Partners, CVC Capital Partners, Permira and Investitori Associati […]

Innovacom, one of Europe’s leading early stage telecom and information technology venture capital firms, has completed a first closing of over 50 million euros on its new fund, Innovacom 5. Investors participating in the first closing of Innovacom 5 include […]

SAN FRANCISCO, CA and PARIS — (MARKET WIRE) — 06/12/2003 — Innovacom, one of Europe’s leading early stage telecom and information technology venture capital firms, has completed a firstclosing of over 50 million euros on its new fund, Innovacom 5. […]

LAKEVILLE, Conn. (HedgeWorld.com) – National Regulatory Services has released its own anti-money laundering compliance kit to help hedge funds and investment advisers keep up-to-date on the recentdevelopments in the pertinent Treasury, Securities and Exchange Commission and National Association of Securities […]

Jun. 12–AMHERST, Ohio–Pragmatech Software has raised $12 million in venture capital funding, the company announced Wednesday, but it took a different path than many software companies. During the high-technology boom, when companies were taking seed money from venture capitalists and […]

A Securities and Exchange Commission probe of hedge fund practices could affect other private investment partnerships such as venture-capital and buyout funds. The year-old investigation was prompted by concerns about the incidence of fraud at hedge funds and their growing […]

THE Malaysian Venture Capital Management Bhd (Mavcap), a wholly owned subsidiary of the Finance Ministry, has committed RM200 million in seed funding for 70 technology-focused companies under itsCradle Investment Programme (CIP). Mavcap expects to commit RM60 million this year and […]

MUNICH, Germany (HedgeWorld.com) – An “activity report” published by the alternatives unit of HVB Group identifies a number of major trends in hedge funds, both on the investor and the manager sideof the industry. “Hedge funds will become mainstream within […]

NEW YORK (HedgeWorld.com) – Citco Group rebranded its hedge funds of funds operations as Richcourt Group, which previously was the name for just its funds. Richcourt Group, which manages US$1.2 billion, stands alongside Citco’s other major divisions, Citco Fund Services, […]

Jun. 11–There was a day when life for the entrepreneur seemed too good to be true, when it seemed like any idea scrawled on a cocktail napkin could find funding in 30 days. Today, gun-shy venture capitalists are more closely […]