Monthly Archives: May 2003
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. […]
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 […]
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 […]
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. […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
CarbonBased Consulting Compares Hedge Fund Accounting Systems
NEW YORK (HedgeWorld.com) – Taking a closer look at the myriad of accounting systems being bought by hedge funds and hedge fund administrators and service providers, CarbonBased Consulting’s recentsurvey shows the growing number of integrated systems being sold. A comparison […]
Hispania Capital Partners Launches First Hispanic Focused Private Equity Fund
CHICAGO–(BUSINESS WIRE)–May 15, 2003–Hispania Capital Partners (HCP) today announced the launch of the first private equity fund focusing on the U.S. Hispanic market. With up to $70 million undermanagement, HCP, an SBIC licensed by the U.S. Small Business Administration, will […]