MORI, Britain’s best known election pollster, is up for sale in a deal that could earn chairman and founder Bob Worcester up to pounds 20 million. Venture capitalist 3i, which has a 41 per cent stake, is seeking between pounds […]

Jun. 6–Three women who are veterans of the financial services industry announced yesterday the formation of NewMarket Capital Partners L.L.C., an investment company in Philadelphia that will managetwo new hedge funds. NewMarket is managing the funds for CMS Cos., a […]

IS THE DEEP FREEZE in the venture capital community finally starting to thaw? Some recent developments indicate that it might be. Take, for instance, the amount of money that has flowed into Seattle start-ups recently. In the past three weeks, […]

Jun. 6–Last year, Robert Thompson was all set to start selling movie posters for rapper Eminem’s “8 Mile.” The president of Motion Imaging Inc. in Farmingdale says he even lined up an investor topay for the production of the posters, […]

Jun. 6–Two Pittsburgh-based venture capital firms are still competing to win the remaining third of the $60 million in federal tobacco settlement funds the state has set aside for biotechnologydevelopment. Saturn CPP and Birchmere Capital told the board they plan […]

BlueTarp, which provides credit- and purchase-card programs in the building materials industry, has received a new investment of $1.75 million from three venture capital funds. The money for the Portland-based company’s third round of funding comes from CEI Ventures and […]

The General Assembly gave Gov. ROD BLAGOJEVICH many of the things he wanted in the spring legislative session, though a venture capital program was not one of them. During the campaign, it was not uncommon to hear Blagojevich talk about […]

State House News Service BOSTON – State Treasurer Timothy Cahill supports a new investment strategy for the state’s faltering $28 billion pension fund that calls for up to 5 percent of assets to be invested in hedge funds. A proposal […]

The New Markets Growth Fund, a venture capital fund based at the University of Maryland’s Robert H. Smith School of Business, has raised $20 million to invest in small businesses in low-income neighborhoods in the District, Prince George’s County and […]

State Treasurer Tim Cahill expects to ask his colleagues on the state’s pension fund board today to place a piece of the $28 billion retirement account in hedge funds for the first time. Cahill said the dive into hedge funds […]

Scout Medical Technologies, a Kirkland investment company that formed three medical device companies over the past three years, is closing after failing to raise more money. Scout Medical, backed with $8 million from MPM Capital, will continue to operate as […]

NAPLES, Fla. (HedgeWorld.com) – James Hedges teamed up with public relations professional Charlotte Luer to form LJH Financial Marketing Strategies LLC. Mr. Hedges is the founder and president of hedge fund advisory and fund of funds firm LJH Global Investments. […]