Some up-and-coming angel investors
Dozens of people in the Indianapolis area have the potential and the interest to become angel investors in the next few years.
Banking & Finance
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Indianapolis set for next wave of angel investors
A wave of up-and-coming angel investors in the Indianapolis area are quietly accumulating the expertise and thick wallets
necessary to back startups that are at once risky and rich with potential for lucrative returns.
SKARBECK: How Grace stayed patient under pressure to sell
When we left, we were trying to imagine a few of the many obstacles Grace might have encountered as her initial investment grew into $7 million over 74 years.
Small-biz lending on the rise
Federal loan programs that help fund company expansions are seeing more activity from program administrators in Indianapolis.
Answer to Murat’s naming-rights fight likely to be found in lease
The Murat Temple Association, a Shriners affiliate that owns the iconic building, is suing Live Nation and Old National Bank
over a naming-rights deal announced March 16.
Shriners sue Live Nation, Old National over Murat renaming
The Murat Temple Association is a Shriners affiiate that owns the Murat Centre, which on March 16 was renamed the “Old National
Centre” in a three-year deal between the bank and Live Nation.
HAUKE: As a rule, market doesn’t reflect today’s bad news
Until a bull market reaches its last stages (the final three to 12 months), there is a general lack of belief that the market
can go higher.
Former Thomson plant back in bankruptcy
A Bloomington investor bought the sprawling complex out of receivership in 2008, and had hoped
to spend more than $20 million to renovate it.
Entrepreneurs lose clout as VC funds get stingier
Most local venture funds are standing pat because the economy is weak and they’re no longer
in fund-raising mode. Having invested most of their funds, the firms have shifted to the nurturing, or “harvesting”
stage, to try to improve investment returns.
Fair Finance co-owner charged with domestic battery
The embattled businessman was booked into the Hamilton County Jail following an incident Saturday morning at his Geist Reservoir
home.
Old National cut CEO’s pay 10.6 percent last year
The Evansville-based bank, the largest financial institution headquartered in Indiana, awarded Robert Jones $1.2 million in
total compensation last year, or $146,177 less than in 2008.
Big guns behind Allos Ventures tech fund
The region’s blossoming technology sector is about to get another shot of financial fertilizer. The newly formed Allos
Ventures has raised $20 million from investors and plans to focus on early-stage tech companies.
SKARBECK: Amazing patience paid off for Grace
Back in 1935, she invested $180 in Abbott Laboratories stock and never sold it. This one decision became the entire investment
career of Grace Groner.
Mysterious $14M Verizon payable looms over Durham firm
CLST Holdings founder Al Goldfield says the company hid a $14 million debt to Verizon Communications Inc. in the years after
he left.
Indiana Legislature approves mortgage certification program
Rating system will help homebuyers avoid the risks of borrowing.
Old National name to adorn Murat for three years
The century-old Murat Centre will be named the Old National Centre for the next three years. Event promoter Live Nation on
Tuesday put the new name in royal blue lettering above the marquee of the entertainment venue downtown.
Custom builders, banks convene to discuss lending environment
The Builders Association of Greater Indianapolis is trying to jump-start new home construction by convening a forum on how
builders can adapt to banks’ stricter lending requirements.
Old National Bank puts name on Murat Centre
The voice-mail system at the Murat already greets callers with this message: You have reached the Old National Center, a Live
Nation venue.
Schrenker: ‘Data’ show he tried to fake own death
A former Fishers money manager facing fraud charges acknowledges in a newspaper interview that evidence indicates he was trying
to
fake his own death when he parachuted from his private plane that later crashed in a Florida swamp.
Banking reforms may bite weakest institutions
Indiana banks soon might have to pay the state as much as $300 million in new fees for deposit insurance at a time the industry
is experiencing its deepest woes in decades.