Monthly Archives: May 2003
SEC concerned about high-risk hedge funds
SEC concerned about high-risk hedge funds From Associated Press, Bloomberg News and New York Times reports Thursday, May 15, 2003 The head of the Securities and Exchange Commission reiterated concern about hedge funds, traditionally an investment outlet for the wealthy […]
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 […]
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 […]
The Boston Globe Downtown Column
May 14–A decade ago, when Massachusetts was also mired in recession, a Republican governor named Bill Weld rolled out an innovative plan to leverage the state’s most important resource, our brains,by starting an emerging technology fund to seed promising new […]
Sabrix Secures $10.5 Million in Series C Funding to Accelerate Growth; Cisco and York among key recent Global 2000 customer wins
SAN RAMON, Calif.–(BUSINESS WIRE)–May 14, 2003–Sabrix, a leading provider of global transaction tax management software and world class tax research, today announced it has received $10.5 millionin Series C financing, led by Trinity Ventures, with participation by existing investors Mohr, […]
Venture Capital Mergers, Investment Sales Decline
Venture capitalists, who have not had much luck selling their investments to the public lately, are having almost as much trouble trying to sell their investments to other companies. The number of venture-backed companies sold in the first three months […]
Vienna Firm Gets a New Investor
E-Security Inc. had already raised $30 million from venture capitalists, but when a new investor came knocking, it didn’t say no. Today the Vienna-based security software company plans to announce a $5 million investment from Advanced Technology Ventures Inc. (ATV), […]
Primer tells entrepreneurs how to get venture capital
A new primer on venture capital is available from the Finance Authority of Maine. The how-to-guide titled, “Financing Bright Ideas: A Primer on Venture Capital in Maine,” is aimed at Maine entrepreneurs who need to raise money to start or […]
Van Global Hedge Fund Index Jumps 2.6% Net in April; Hedge Funds Increase Year-to-Date Return to 3.3% Net
NASHVILLE, Tenn.–(BUSINESS WIRE)–May 14, 2003–The Van Global Hedge Fund Index, a widely cited measure of worldwide hedge fund performance, gained 2.6% net of fees in April, its best month sinceJanuary 2001. According to Van Hedge Fund Advisors International, Inc. (VAN), […]
SEC Chief Reiterates Hedge Fund Concerns
WASHINGTON (AP) – The head of the Securities and Exchange Commission on Wednesday reiterated concern about hedge funds, traditionally an investment outlet for the wealthy that are increasingly luringsmall investors. “I believe the time has come for us … to […]
Schroders Aims Higher with Blue Mountain
LONDON (HedgeWorld.com) – Schroders plc launched its third hedge fund of funds, an aggressive multi-strategy fund called Schroders’ Alternative Investment Fund Blue Mountain. The managers of the fund are aiming for annual returns of 10% to 15% with volatility of […]
Clickmarks Announces $5 Million in Venture Financing
Clickmarks, a provider of software solutions for web and wireless application development and deployment, today announced the closing of an additional round of venture funding, investments from Silicon Valley venture capital firm Draper Fisher Jurvetson ePlanet Ventures, RB Webber & […]