Category Archives: HedgeCo News
Media: The road back from hell will be paved with good inventions
When will the investment money come back? That is the question I have been asked most often by producers, software designers and content creators since the tech bubble not only burst but wasconsigned to the ninth circle of hell – […]
Mice ready to move on acquisitions
Nuneaton-based exhibitions and conferences goup Mice Group, yesterday said it was close to securing pounds 80 million in new banking facilities from Barclays Bank which it will use to makeacquisitions. Some of the funds raised may be used to buy […]
Ofek Capital Corp. -OFCC- Retains TheStockbroker.com as Investor Relations Counsel
TORONTO–(BUSINESS WIRE)–May 19, 2003–Committed to significantly increasing shareholder value, Ofek Capital Corp. (Pink Sheets:OFCC) announces it has retained TheStockbroker.com, Inc. to provide afull range of investor relations services to the Company. TheStockbroker.com will commence and maintain proactive programs aimed at […]
iLumin Announces Wachovia Strategic Ventures as New Investor
iLumin Software Services, Inc., today announced it completed its Series A round of financing with an investment from Wachovia Strategic Ventures. Other Series A investors include DB Capital Venture Partners, MidOcean Partners, Rock Creek Capital and Softbank. The investment amount […]
Key Gains Distribution through Papamarkou
NEW YORK (HedgeWorld.com) – Key Asset Management has formed a strategic alliance with New York-based manager Papamarkou Asset Management, which provides investments services to high-net-worthindividuals and families, endowments and foundations, pension funds and trusts. At the same time, Key Asset […]
Tech mavens say quarter good for venture capital
Venture capital investment for the first quarter here looks pretty decent to some tech mavens, despite the fact that Illinois lags substantially behind other regions of country. Illinois companies only attracted 3.2 percent of the total investment pie, according to […]
Bank Links Ex-Pharmacia Scientists With VC Funds
KALAMAZOO – National City Corp. has joined the campaign to keep exPharmacia employees in Michigan. The bank has rounded up eight members of its national network of venture capital funds to create a multi-million dollar pool of capital for former […]
Gartmore Global Investments Names J. Chris Meyer as Senior VP, Marketing
CONSHOHOCKEN, Pa.–(BUSINESS WIRE)–May 19, 2003–Gartmore Global Investments (GGI) today announced that J. Chris Meyer has joined the firm as senior vice president, marketing, reporting to Wilson”Bill” Santos, executive vice president, distribution. Meyer, a seventeen-year veteran in the financial services industry, […]
Nexaweb Secures $4.3 Million in Funding for Breakthrough Smart Client Platform
CAMBRIDGE, Mass.–(BUSINESS WIRE)–May 19, 2003–Nexaweb Technologies Inc. today announced that it completed its first round of institutional financing from Boston-based venture firms Egan-ManagedCapital, Masthead Venture Partners, and Velocity Partners. Nexaweb has created a breakthrough application platform that enables the delivery […]
Extraprise Appoints New Member to Its Board of Directors
BOSTON and LONDON–(BUSINESS WIRE)–May 19, 2003– Yury Parad, a 30-year Veteran of the IT Industry Brings Experience as a Software Executive, Systems Integrator and Venture Capitalist Extraprise(R), the internationally recognized Customer Relationship Management (CRM) consulting firm, today announced that its […]
Richmond, Va., Venture Capital Fund Decides Not to Back More Technology Firms
May 18–The venture capital fund that helped spark Richmond’s best-known Internet-economy busts is going out of business. Monument Capital Partners, once considered an answer to the area’s dearth of cash for technology startups, does not plan to invest in any […]
Plunge in cash flow as venture capitalists rein in their millions
SCOTLAND’S venture capital industry had a torrid start to the year with investment in the first quarter falling to its lowest levels in three years. The total amount invested fell from GBP 5.8m in the last quarter of 2002 to […]