Wicks Business Info. acquires Asset Alternatives.Wicks Business Information (Fairfield Fairfield. 1 City (1990 pop. 12,200), Jefferson co., N central Ala., an industrial suburb of Birmingham; inc. 1919. Founded (1910) by the United States Steel Corp., its steel industry has greatly declined, negatively affecting the city's economy. , CT) has acquired Asset Alternatives, Inc. (Wellesley Wellesley, town (1990 pop. 26,615), Norfolk co., E Mass., a residential suburb SW of Boston; settled 1660, inc. 1881. Its many educational institutions include several private preparatory schools, Babson College, and Wellesley College. , MA). No terms of the deal were given. Asset Alternatives founder/president Steven Galante will continue in his current role. Asset Alternatives provides "must-have" information for venture capital and private equity professionals, Wicks said. Established in 1991, the acquired company is best known for its flagship newsletter, The Private Equity Analyst, written for the venture capital and private equity markets. The company also publishes four other newsletters, including Genomics Investing, Venture Capital & Healthcare, PE Wire and The Venture Capital Analyst, and a series of conferences, research reports, directories and online products. Wicks said the business will become a part of its Financial Information Group (FIG), a group that includes Investment Advisor Investment Advisor 1. A person making investment recommendations in return for a flat fee or percentage of assets managed, known as a commission. 2. For mutual fund companies, it is the individual who has the day-to-day responsibility of investing and monitoring the cash and and Treasury & Risk Management magazines, and the Briefings and Georgetown Publishing Group. Wicks president/ceo Doug Manoni said "our partnership...will allow us to capitalize on Cap´i`tal`ize on` v. t. 1. To turn (an opportunity) to one's advantage; to take advantage of (a situation); to profit from; as, to capitalize on an opponent's mistakes s>. the intensifying in·ten·si·fy v. in·ten·si·fied, in·ten·si·fy·ing, in·ten·si·fies v.tr. 1. To make intense or more intense: interest in this sector with related product enhancements and new product introductions." |
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