Marni Usheroff

Email: musheroff@labusinessjournal.com
Phone: 323-549-5225 Extension: 229

Recent Stories

SPECIAL REPORT: Justin Boogaard, David Lung

Justin Boogaard got his startup idea from his grandmother.

It Pays to Be Cautious When Treating Art as Asset

INVESTMENT: Some works require upkeep, often fail to generate sizable returns.

For some collectors, artworks serve to provide financial as well as emotional payoffs.

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Market Vendors Fear Moving From 7th Street Produce Market

FOOD: Rents rise for produce wholesalers under new landlord.

Wholesalers fear being boxed out by 7th Street Produce Market’s rising rents.

‘Regulation Crowdfunding’ Offers Money, Risks

INVESTMENT: New rules let firms tap unaccredited, lower-net-worth backers.

Companies looking to raise cash got another option last week.

Development Hits Home For Attorney

Alfred Fraijo Jr. looks to court businesses for Boyle Heights project.

Attorney Alfred Fraijo Jr. hopes to make the case for his hometown Boyle Heights as a business center.

PE Roundup: Private Equity Deals and Funds Announced May 16-20

Beverly Hills private equity firm Levine Leichtman Capital Partners announced Monday that is has completed the acquisition of Pacific Handy Cutter Inc., a Costa Mesa manufacturer of cutting tools and replacement blades, from private equity firm American Capital Ltd. Terms of the deal were not disclosed.

Biotech Firm’s Diagnosis: IPO

Patrick Soon-Shiong hopes to nurse a bright future for NantHealth despite a tough market for biotech IPOs.

Couple Gets In Beds With Pricey Sheets

Husband, wife position U.S. production as plus for Authenticity 50.

Couple behind sheet maker Authenticity 50 says there are real advantages to domestic production.

PE Roundup: Private Equity Deals And Funds Announced This Week

Beverly Hills private equity firm Gores Group announced Monday it will sell portfolio firm Hay Group, a Bad Sobernheim, Germany-based producer of high-precision forged and machined steel automotive parts, to Toyohashi, Japan manufacturer of automotive components Musashi Seimitsu. Terms of the deal were not disclosed. Westwood investment firm St. Cloud Capital announced Monday it has invested in urgent care clinic manager Stat Health of Long Island, N.Y. Financial terms were not disclosed. Santa Monica investment firm Clearlake Capital Group announced Tuesday it will acquire Irvine software provider Vision Solutions Inc. from San Francisco private equity firm Thoma Bravo. Financial terms of the transaction were not disclosed.

CIT Bank Reinvestment Plan Gets Approval, Criticism

Pasadena-based CIT Bank has finally won approval of its new community reinvestment plan from federal regulators, a condition of the consent of its merger with OneWest Bank last summer.

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