Category Archives: HedgeCo News

Business & Media: Debenhams’ suitor sticks to the shadows: Nick Mathiason on Damon Buffini, the media-shy financial buccaneer who heads venture capital company Permira

NO ONE personifies the secretive world of venture capital better than Permira’s managing director, Damon Buffini. Buffini last week hit the headlines after lodging a pounds 1.5 billion bid to buyDebenhams in a deal agreed by the retail chain’s management. […]

Business & Media: A licence to make money

W ITH equities only just recovering, cash-generative businesses – pubs, fitness centres, real estate and retail chains – are in play to venture capital firms, which can borrow money cheaply andpotentially offer huge returns. It’s why the euros 5 billion […]

Entrepreneurs Shun Venture Capital Funding

May 18–Here’s one reason why venture capital investing keeps falling: A growing number of entrepreneurs are shunning venture capitalists. With enough cash to scrape by without venture backing, many veteran entrepreneurs are making do. Raising money is too time-consuming, VCs […]

SEC cautions on hedge funds again

SEC cautions on hedge funds again Associated Press Sunday, May 18, 2003 Washington — The head of the Securities and Exchange Commission reiterated concern about hedge funds, a traditional investment outlet for the wealthy that is increasingly luring small investors. […]

Fund Won’t Back More Tech Firms

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 more […]

WORLD MARKETS: London

THE FTSE 100 ended at its highest level so far this year, led by financials such as the venture capitalist 3i. The index closed up 36.1 at 4011.1, 25 per cent above March’s eight-year low. Technologystocks surged as investor appetite […]

3i upbeat on Scottish investment

VENTURE capital firm 3i Group is continuing to target Scottish investments, despite suffering a huge fall in its asset values last year. Robin Marshall, head of Scottish operations for Britain’s biggest investment company, said medium and long-term prospects for Scotland […]

3i results dented in ‘year of challenge’

Britain’s flagship venture capital company 3i has continued to invest in technology in a year in which it had to write down the value of existing technology investments by pounds 361 million,severely denting its full-year result. Yesterday 3i reported pounds […]

Short Interest Data Compiled in New Data Service

A Technology Roundup SUNNYVALE, Calif. (HedgeWorld.com) – A new service offered by Iverson Financial Systems is promising to give complete statistical data on short interest on the New York Stock Exchange, American Stock Exchange, and the Nasdaq. Including 15 years […]

CSFB/Tremont Index Up 1.96% in April

NEW YORK (HedgeWorld.com) – April was a good month for emerging markets managers and for hedge funds on the whole in the CSFB/ Tremont* Hedge Fund Index, which was up 1.96% last month. The best performing strategy for the time […]

San Jose Mercury News, Calif., Term Sheet Column

May 15–HIGH-SPEED INTERNET CONNECTION CARRIES A STEEP PRICE: Palo Alto’s start-up crowd is a bit perplexed about the city’s policy on fast Internet connections. The city built an undergroundhigh-speed digital fiber loop for businesses to connect to, but it’s prohibitively […]

State pension fund may hedge bets; Recent losses have execs looking to diversify

The people who run the state’s $27.5 billion pension fund could be poised to invest a portion in hedge funds to help diversify its holdings after three years of stock-related losses. James Hearty, executive director of the state’s Pension Reserves […]