Hub International Ltd. grows U.S. presence with purchase of insurance firm and gains entry into Denver, other cities. Returns for venture funds were negative in the fourth quarter, but approached 40 percent for the year.
Founder sees that as an advantage.
Beyond some personnel changes related to the move, investments will continue to buzz along for the eight domestic VC funds around the country associated with Boeing's venture capital wing, The Boeing Phantom Works. Jeff Bruss faces decades in prison and millions on fines is convicted of pumping and dumping Los Angeles' Keystone Energy shares, then laundering the money in Canada. Plans private equity fund too. But it's vital for millions in online B2B trades. Calls Chicago's Ubid a bright spot.