Nanotech Hedge Funds Soar in 2010

Date: Tuesday, September 28, 2010
Author: Alex Akesson, HedgeCo.net

German nanotechnology investor, ItN Nanovation AG, managed to achieve their objectives for 2010 in the first half of the year. The company also obtained a gross cash influx of nearly 1.3 million euros ($1.75 million) through a capital increase in April 2010.

Headquartered in Frankfurt, CEO Marco Beckmann manages the company’s global portfolio and business activities with his investment team.

The company’s supervisory board, which consists of figures from the worlds of business and technology, actively participate in all important decisions. Nanostart AG has a branch office in Berlin, and in 2008 it established a wholly owned subsidiary in Singapore, Nanostart Asia Pte Ltd.

The investment manager anticipates a considerable increase in sales for the rest of 2010 and expects positive overall numbers for the year thanks to results-improving effects created by the formation of joint ventures and subsidiaries.