Most Influential Minority Attorneys: Mark Jones

Custom Content by the Los Angeles Business Journal

Mark Jones is a recognized authority in the design and administration of compensation and benefit programs for senior executives and other employees.

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FabFitFun Raises $80 Million

Beverly Grove-based fitness subscription company FabFitFun Inc. announced Jan. 30 it secured a $80 million Series A led by Kleiner Perkins Caufield & Byers.

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Oaktree, Hartree to Invest $735M in Bulk Liquids Storage

Funds managed by downtown-based alternative investment firm Oaktree Capital Management and New York-based Hartree Partners agreed to invest up to $735 million to form a bulk liquids storage company.

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Levine Leichtman Capital Partners Acquires SK AeroSafety

Levine Leichtman Capital Partners, acquired on Jan. 28 passenger aircraft safety testing firm SK AeroSafety from SK FireSafety Group, a portfolio company of Apax Partners.

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March Capital Partners Closes $300M Fund II, Adds Two Partners

Santa Monica-based venture capital firm March Capital Partners closed on its second fundraise of $300 million.

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OpenGate Backs EverZinc’s Add-on Acquisition of G.H. Chemicals Ltd. and Microzinc

Century City-based private equity firm OpenGate Capital said that its portfolio company, EverZinc, a European specialty zinc chemical business, has purchased G.H. Chemicals Ltd., and Microzinc Inc., a Canadian manufacturer and exporter of zinc oxide products.

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Morrow-Meadows Adds Pacific Data Electric

Deal for energy storage firm is largest acquisition for electrical and data co.

Marrow-Meadows to make electric acquisition.

Farmers & Merchants Adds Two

Long Beach-based Farmers & Merchants Bank named JoAnn Bourne and Christine Scheuneman to its seven-member board

PacWest Looks for Next Move

FINANCE: Bank probes options after Q4 deal nixed

PacWest not cowed by cancellation of El Dorado acquisition.

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Coffey Takes Reins at City National

Former JPMorgan exec. begins new era at storied bank

End of an era at City National as Kelly Coffey prepares to take over.

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Car Leasing Firm Fair Closes on $50 Million Credit Line With Silicon Valley Bank

Car leasing and financing provider Fair closed on a $50 million credit line from Silicon Valley Bank to buy cars for its users.

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MJIC Secures $24 Million in Real Estate Funding for Expansion

Commerce-based MJIC Inc., a cannabis logistics company building a network of distribution hubs in California, said its real estate investment unit has secured an initial $24 million funding commitment that will accelerate the expansion of its licensed cannabis operations.

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L.A. Consumer Sentiment Remained Steady in Fourth Quarter: Survey

Los Angeles consumer confidence was essentially unchanged during the fourth quarter of 2018 amid cross-currents of positive and negative forces, according to a survey released Jan. 24.

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Santa Monica-Based Clearlake Capital Backs Perforce’s Buy of Rogue Wave

Santa Monica-based private equity firm Clearlake Capital helped back a portfolio company’s purchase of Rogue Wave Software in Colorado.

Your Superfoods Raises $5 Million Series A

Your Superfoods Inc. (doing business as Your Super), Venice-based makers of organic superfood health mixes, announced Jan. 23 it raised $5 million in a Series A funding round led by Manhattan Beach-based PowerPlant Ventures.

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