L.A. County’s unemployment rate declined to 15.1% in September from a revised 16.4% in August.
Impresa Aerospace is the latest of more than a half-dozen large companies in Los Angeles County that have filed for bankruptcy this year.
Downtown-based insurance marketing company MediaAlpha Inc. plans to raise $100 million in an initial public offering, according to a preliminary prospectus filed with the Securities and Exchange Commission.
Santa Monica-based telehealth platform TigerConnect Inc. has raised $45 million in Series D funding.
Despite its sometimes opaque and immutable image, private equity is a constantly evolving field.
Santa Monica-based technology and advisory company Wilshire Associates Inc. has agreed to be acquired by two New York-based private equity firms
EP Wealth Advisors, a Torrance-based registered investment adviser, or RIA, has acquired Salt Lake City-based Insight Group Inc. and Financial Insight Center.
Chang Liu has officially assumed the role of chief executive at Cathay General Bancorp, effective Oct. 1. The Chinatown-based bank’s new leader replaces Pin Tai, who had held the CEO role since 2016.
Santa Monica-based technology and advisory company Wilshire Associates has agreed to be acquired by two private equity firms.
Santa Monica-based canned water company Liquid Death has raised $23 million in Series B funding.
Agreement allows Hawke Media to launch Hawke Capital.
Venice-based Riot Ventures is officially aiming to raise $75 million for its second fund.
Other more broad-based funds, like downtown-based TenOneTen Ventures, have increased their focus on health care investments.
Gores Group, the Beverly Hills-based investment firm founded by billionaire Alec Gores, has announced plans to merge its fifth special purpose acquisition company, or SPAC, with mortgage lender United Shore Financial Services Inc.
Adam Struck, founder of Santa Monica-based venture firm Struck Capital, has always been bullish on Los Angeles’ startup ecosystem.