Los Angeles Business Journal

Matt is a finance reporter covering venture capital and private equity.

Recent Stories

Briefs: Wilshire Associates Opens China Office, Aecom CEO Named Chairman, New Boss at Marlborough School

Wilshire Associates Opens Office in China Santa Monica investment firm Wilshire Associates has opened an office in Suzhou, China.

PacWest Continues Buyout Binge, Grabs Tech Lender Square 1

Century City’s PacWest Bancorp announced Monday that it has agreed to buy Square 1 Financial Inc. in Durham, N.C., which specializes in lending to venture capital-backed companies, in an all-stock deal valued at about $849 million.

Exchange-Traded Fund Garners Mutual Respect

INVESTMENT: DoubleLine puts money on booming popularity of new product.

Jeffrey Gundlach has become the latest money manager to plant his flag on the booming exchange-traded fund landscape.

Immigrant Entrepreneurs: Michael Pinsker

Foreign-born business owners talk about how they sowed success by putting down roots in Los Angeles.

Lawyer Books Side Job as Author

Rumors started swirling that Michael Kun must have died after he published his first novel in 1990.

PE Roundup: Private Equity Deals Announced This Week

Century City private equity and debt firm Breakaway Capital Partners announced Wednesday that it has provided a senior credit facility to Wave Technology Solutions Group Inc., an IT consulting firm in Irvine. Terms of the deal were not disclosed.

Briefs

Restraining Order Closes Collective, Shareholders Approve Pacific Commerce Bank Purchase, Blackline Hires CFO, Lion to List on Nasdaq

San Dimas Man Arrested in $9 Million Scheme to Defraud East West Bank

The Department of Justice announced Tuesday that it has arrested Chung Yu “Louis” Yeung of San Dimas for his alleged role in a scheme that Pasadena’s East West Bank said cost it more than $9 million. Yeung’s alleged co-conspirator, Guo Xiang “David” Fan, remains at large.

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Bank Activists Get Say on Deal

LENDING: Hearing set on CIT’s acquisition offer for OneWest.

Community coalition achieves goal of getting CIT and OneWest to defend their merger.

Pair of Acquisitions Delivers for Postage Business

ONLINE: Stamps.com has investors in bag with hefty quarterly performance.

Stamps.com proves a popular address on Wall Street after strong fourth quarter.

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