Diversis Capital Management completed a raise of $675 million to continue its investment objectives in software and technology businesses.
Westwood-based Fika Ventures has raised $195 million for two funds aimed at seed investing in software, fintech, marketplaces and health care information technology.
Local fintech companies are moving payments and conducting financial transactions at lightning-fast speeds.
The LABJ Interview
Jason Wilk, co-founder of banking app developer Dave Inc., understands what it’s like to make sacrifices to form a startup business.
But the county still has a long way to go to reach pre-pandemic payroll job levels.
A portfolio company of Sawtelle-based Corridor Capital has acquired a health care marketing services business.
With its purchase of Walden, Levine Leichtman seems to have reversed a trend of selling businesses.
Wavemaker Three-Sixty Health, a Pasadena-based health care venture capital investor, has exited its portfolio company Ciitizen Corp., a patient-centric consumer health tech company.
The private equity firm agreed to buy a majority stake in Chosen Foods, a maker of avocado-based oil and staple foods.
The bank aims to turn the office into a major lending center for commercial real estate loans.
Ares’ huge surge in growth by more than $100 billion from June 2020 through June 30 is unusual for an alternative asset manager.
The move takes EP Wealth, which has $12.9 billion in assets under management, one step closer to becoming a national firm.
Skip Schweiss will watch over the company’s fast-paced growth.
This year’s list features 16 billionaires with ties to the financial sector: “It’s a classic case of (those with) money making money."
The overall net worth of L.A.’s richest men and women stands at a staggering $250 billion.