Nov. 3, 2010 at 3:52 p.m.
Filed under:
Investing,
Venture capital
By Becky Yerak
Illinois companies are having a good year when it comes to venture capital firms investing in their businesses.
Venture-capital investors put $123 million into 10 Illinois-based businesses in the third quarter of 2010, according to figures released Wednesday by Dow Jones VentureSource. That compares with $15 million invested in five businesses in the same period in 2009.
The third quarter’s investment total was helped by a $65 million deal for Skokie-based NanoInk, a nano tech firm. Its backers included Lurie Investments. Get the full story »
Sep. 3, 2010 at 4:20 p.m.
Filed under:
Crime,
Fraud,
Investing,
Litigation
By Reuters
Investors in Gabriel Capital LP, a so-called feeder fund that funneled money to imprisoned swindler Bernard Madoff, were awarded $12.74 million by a panel of three arbitrators, court records show.
The award to two New Jersey investment funds was disclosed in a filing Thursday with the New York State Supreme Court in Manhattan. Get the full story »
Aug. 25, 2010 at 12:44 p.m.
Filed under:
Economy,
Investing,
Jobs/employment,
Politics,
Taxes
By Reuters
The Spectrem Millionaire Investor Confidence Index fell to its lowest level in more than a year in August as wealthy U.S. investors worried about politics and unemployment, according to Spectrem Group.
The index fell 11 points in August to -18, its lowest level since June 2009, when it fell a record 18 points to -20 shortly after the S&P 500 index hit a 12-year low. Get the full story »
