Southeast Capital Partners, formerly known as the TennesSeed Fund, has been denied access to a federal Small Business Administration program and an associated $20 million for investment in start-uptechnology companies. The denial was directly linked to fund manager and president […]

Strongbow Capital Management has launched a shareholder activist hedge fund, Strongbow Capital Ltd. The $18.8 million fund will use a twin-pillar investment strategy of purchasing large blocks of shares in deeply undervalued companies along with an aggressive pursuit of shareholder […]

CHELMSFORD, Mass.–(BUSINESS WIRE)–May 21, 2003–Acopia Networks, Inc., a developer of unique Adaptive Resource Networking products, today announced that the company has closed $30 million inadditional funding. This Series B financing brings the total capital raised to over $40 million and […]

TORONTO (HedgeWorld.com) – Cornerstone Trading Co. Inc. is the second investment program to be added to the Horizons Tactical Hedge Fund, a Canadian retail hedge fund. With seed assets of C$150,000 (US$111,128), the hedge fund is allocating two-thirds of its […]

OAKS, Pa., (HedgeWorld.com) – SEI Investments Management Corp. began the process for selling at least two registered hedge funds of funds by registering with the Securities and Exchange Commission. SEI registered two feeder funds planned to be sold publicly, SEI […]

BOSTON, April 29 (AScribe Newswire) — Today’s economy requires a “special type of entrepreneur,” said one of the judges in the final round of the seventh annual Harvard Business School (HBS)Business Plan Contest yesterday. The six contending student teams — […]

ANN ARBOR, Mich.–(BUSINESS WIRE)–May 21, 2003–A panel of experts will discuss “Venture Capital and the State of Michigan” to raise the level of understanding of venture capital and its impact oneconomic development at the Leadership Policy Conference. The roundtable discussion […]

May 21–Mountain View’s Plaxo is expected to announce today the launch of its free software, Plaxo Contacts 1.0, that enables users to easily and promptly update their computer’s address book. The company, founded by Sean Parker, co-founder of Napster, and […]

NFR Security Inc. plans to announce today a new round of venture capital funding and a new chief executive to lead a sales and marketing expansion effort at the Rockville software firm. Neil Selvin, a former Silicon Valley technology executive […]

May 21–Bob Lozano raised millions of dollars for his first company, Paylinx Corp., during the Internet boom. Times have changed, but he’s not too worried about funding his second venture, TsunamiResearch. Lozano is one of 20 entrepreneurs who are going, […]

May 20–SPS Commerce, a St. Paul company that helps retailers and distributors do business with small suppliers via the Web, said Monday that venture capitalists were giving it $18 million to expandand acquire competitors. The financing from eight venture capital […]

MILAN, Italy (HedgeWorld.com) – The first hedge fund of funds to be offered at a lower investment minimum in Italy was launched on May 19 by Zenit Alternative Investments SGR, which hired BucephaleGroup as investment adviser. Zenit will launch a […]