PacWest Bancorp, a Beverly Hills bank holding company, acquired El Dorado Savings Bank in a deal valued at $466.7 million, according to a press release.
EP Wealth Advisors acquires Caves & Associates’ $190 million assets under management.
Tight housing supply appears to keep market stocked with credit-worthy borrowers
Home prices up, delinquencies and foreclosures down, in L.A. County’s housing market.
The assets of Los Angeles County’s top 50 private charitable foundations and trusts collectively topped $41.1 billion last year, a 4.8 percent boost over the prior year.
FINANCE: BH firm’s appeal of FINRA ruling pending
Regulatory agencies put NMS Capital Advisors’ chair under the microscope.
Banking & Finance Quarterly
Meet Shivani Siroya, founder of Santa Monica-based fintech-driven microlender Tala. The company has an eye on winning customers among some of the world’s nearly 2 billion people who don’t have access to banking services, a statistic reported by Paris-based think tank Convergences.
Westwood-based Shamrock Capital Advisors announced Sept. 12 the sale of its portfolio company, Questex Intermediate Holdings Inc. to New York-based private equity firm MidOcean Partners.
Westwood-based investment firm Shamrock Capital announced Sept. 10 that its led a $30 million investment round on behalf of an Israeli company that provides unmanned cameras for sporting events.
Katzenberg-led outfit invests $295M into digital security outfit AnchorFree
WndrCo leads $295 million investment into AnchorFree Inc.
Price on 12-story office comes to $930 PSF
Beverly Hills-based real estate investment firm StarPoint Properties has purchased the 12-story, 207,000-square-foot office tower at 443 N. Camden Drive.
$200 Million purchase comes on heels of major Southland brokerage rollup
An out-of-town real estate brokerage acquisition comes with a side of L.A. intrigue.
L.A. metro area leads state in growth of women-owned firms over last decade
Women-owned business in the Los Angeles metro area led the state in growth.
ECONOMY: Cal State-L. A., UCLA make big additions
L.A. County’s largest public and private employers see modest gains.