Archive for November 7th, 2008
When the tap is off, it’s off for a while.
7 November 2008There are two questions I’ve been getting a fair bit recently. Where are the equity markets going? (see prior post: Time to buy? Maybe not) and Where is the lending market going? Two recent surveys of bank lending officers give us some insight into the second question. Both surveys cover commercial and industrial (C&I) loans, [...]
Wellington Portfolio Company Gets Recognition
7 November 2008On September 3, 2008, Dollywood’s Smoky Mountain Christmas Festival was awarded “Best Christmas Event” during the 2008 Golden Ticket Awards. Dollywood was a finalist in eight categories, more than any other park in the world.
No, Dolly Parton’s theme Park, Dollywood is not a Wellington Fund III investment. However, in this on-line article you will see [...]
BTI attracts US $15 million
7 November 2008Read the headlines and you would think there is no VC funding available. For anyone.
With that backdrop the hard work at Fund III portfolio company BTI Systems is worth an extra round of applause. Greg Koss and his team raised US $15.0 million this week and even brought in a new investor, Wellington Financial limited [...]
Richard Scott sails through Stage 1 of PGA Q-school
7 November 2008With warm weather in much of Canada today, one can’t help but think of golf. Richard Scott, one of Wellington Financial’s two pro golfers, is headed to the second round of the PGA Tour’s qualifying school. Get through stage 3, and you are on the PGA Tour for 2009.
Here is some [...]