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PacWest Bank Moves Top Executives to Denver, Seeks Acquisitions in Rocky Mountain Market

Beverly Hills-based PacWest Bancorp. is relocating three of its top executives to Denver and looking to make acquisitions in the Rocky Mountain region in what the company says is part of a plan to establish a beachhead in that market.

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Silicon Beach Report May 23: Boring Co. Contracted for Las Vegas Tunnel

Riot Games creates gaming association; Simran Sethi vacates Netflix post; Boring Co. to build Las Vegas tunnel

Endeavor Files for Initial Public Offering

Endeavor, the parent company of talent agency WME filed to go public with the Securities and Exchange Commission May 23, the latest and perhaps most dramatic instance of Hollywood talent agencies diversifying their business models beyond representing writers, actors, and producers.

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Fika Ventures Completes $76 Million Raise

West Los Angeles-based investor Fika Ventures announced May 23 it completed the raise of a $76 million fund, the VC’s second since its 2017 launch.

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CAA Launches Library Pictures to Finance Film Projects, Drawing Writers' Ire

One of Hollywood’s top talent representation firms, Creative Artists Agency, has formed a new company to finance film projects — even as many of the writers it’s represented are taking action against the agency over just such business ventures.

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Silicon Beach Report May 22: Precellerator Begins New Class

Precellerator takes new applications; Snapchat backpedals from x-rated lenses, WarnerMedia co-hosts esports tournament

Leonard Green Takes Stake in Catalent, Adds Board Member

Sawtelle-based Leonard Green and Partners plans to place an executive on the board of Catalent Inc., a Somerset, N.J.-based company involved in technology and development for drugs, biologics and consumer health products.

Romeo Power Raises $88M

Electric vehicle battery maker Romeo Systems Inc., also known as Romeo Power Technology, raised $88 million in a funding round, according to a May 20 filing with the Securities and Exchange Commission.

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Disney’s Fox Film Corporation to Lay Off 53

The first notification of mass layoffs following Walt Disney Co.'s acquisition of Fox Corp.’s film assets was sent May 14 to the California Employment Development Department.

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Silicon Beach Report May 21: Tyffon Gains $7.8 Million

Snapchat links with Naughty America; Aerojet Rocketdyne explores battery storage market; Tyffon raises nearly $8 million

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