June 9, 2005
Category: Uncategorized – Author: admin – 1:15 am
From HedgeCo.Net
Wall Street firm has created a marketplace for Restricted Securities.
Restricted Stock Partners manages the Restricted Securities Trading Network (RSTN), which is a proprietary network of institutional and accredited investors interested in buying and selling restricted securities. Through the RSTN (www.RSTNetwork.com), hedge funds can either sell their restricted positions or seek out buying opportunities that fit their particular investment criteria. In addition to matching up buyers and sellers, Restricted Stock Partners also administers all aspects of the sale transaction (negotiating terms, documentation, clearing, etc.).
Restricted Stock Partners (www.RestrictedStockPartners.com) is a New York-based firm that was launched in early 2005. The company also provides other liquidity and trading solutions to holders of restricted stock and concentrated equity positions. Such solutions include hedging and derivative transactions, stock lending and public resales pursuant to Rule 144 and Rule 145.
As many subscribers know, the restricted securities market is large and growing. The Depository Trust Company (DTC) estimates that there is approximately $1.2 trillion in restricted securities (equity, warrants and debt) currently outstanding. As Barry Silbert, CEO of Restricted Stock Partners notes, "given the sheer size of the market and the inefficiencies associated with restricted securities pricing, we believe that there is a tremendous opportunity for hedge funds to get involved in the restricted securities space."
Category: Uncategorized – Author: admin – 1:05 am
Comparison-shopping site Shopzilla is being acquired by E. W. Scripps, which says it is "moving to capitalize on the rapid growth and rising profitability of specialized internet search businesses," reports
Internet Retailer. Scripps will pay $525 million in cash for all of Shopzilla, which will become a standalone operating unit. The transaction is expected to be completed in the third quarter. Shopzilla, formerly BizRate, derives revenue from fees paid by participating online retailers, which pay the fee when a consumer is directed to their online store. Shopzilla also powers shopping search at AOL, Lycos, Time Warner’s RoadRunner, among others.
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June 8, 2005
Category: Uncategorized – Author: admin – 12:05 am
By Dee Power | From website101
Preparation, Positioning, and Perseverance.
Preparation:
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Develop a clear, concise, realistic business plan that gets the reader excited about the opportunity your company presents. The plan must not only cover what you are going to do but how you are going to do it.
Hone your market research and analysis skills. Systematically gather information on your competitors, so that you can make a credible case for why your product/service offering will be better.
Let other experienced business people read and critique your plan, testing it for clarity and reasonableness. Never send a first draft to the venture capitalists. Proofread it a number of times.
Put together a strong, experienced management team, with people who have been successful in the past.
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June 7, 2005
Category: Uncategorized – Author: admin – 11:54 pm
June 17, 2005
Princeton, New Jersey
Doral Forrestal Conference Center and Spa
Hedge Funds are going to organize an event directed toward fund managers, compliance officers, attorneys and other professionals involved in the hedge fund arena.
The conference is chaired by Lawrence Cohen, Special Counsel with Fox Rothschild
Sponsors include HedgeCo.net, Alternative Investor News, Compliance Reporter, and Hedge Fund Lounge.
Registration for the full day event is only $699, with discounts for additional attendees from the same firm or company.
The conference has been approved for CLE credit for attorneys licensed in Pennsylvania and New York (both transitional and non-transitional). Additionally, Lighthouse Seminar Group will have the course accredited in any other U.S. jurisdiction upon request of our registrants.
Category: Uncategorized – Author: admin – 1:38 am
Source forbes
FRANKFURT (AFX) - UBS AG is hoping to expand its investment banking, wealth management and asset management business in Germany, Handelsblatt newspaper said in a report to be published tomorrow, citing deputy CEO John Costas.
‘It would be very interesting for us if a German bank decides to sell its capital markets division,’ Costas told the newspaper.
UBS and German wealth management firm Sauerborn Trust AG last year signed an agreement to merge their advisory activities, and the Swiss bank also acquired Merrill Lynch’s German private banking operations.
Category: Uncategorized – Author: admin – 1:36 am
Source thestar.com
The CIMB banking group will emerge as Malaysia’s first universal banking entity with its investment banking business being integrated with that of Commerce Asset-Holding Bhd’s (CAHB) commercial banking arm, Bumiputra-Commerce Bank Bhd (BCB).
Under the RM5.3bil deal, CIMB’s investment banking business will be taken private and its shareholders given an option to either receive RM5.50 a share in cash or new CAHB shares valued at RM4.80 each.
The transformation will also result in Datuk Nazir Razak, the younger brother of Deputy Prime Minister Datuk Seri Najib Abdul Razak, becoming the supremo of the new banking group that will oversee the commercial and investment banking operations. Nazir is currently the managing director/chief executive of CIMB Bhd, Malaysia’s largest investment bank.
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