In Los Angeles, it usually doesn’t mean much to say spring is in the air.
Downtown-based Oaktree Capital Management has closed a fund and related vehicles with total capital commitments of roughly $4.7 billion.
It has been a big year for cybersecurity company Orca Security Ltd. In just the last 12 months, Orca has completed three funding rounds, bringing in nearly $300 million to fund the rapid expansion of its business.
MaC Venture Capital, a seed-stage venture capital firm launched in 2019, announced March 25 that it had raised an inaugural $103 million fund for investments in early stage startups.
Two medical office buildings on the Westside have sold for a total of nearly $97 million.
Luxury Living, a 28-unit multifamily building in Santa Monica, has sold for $32.6 million.
Investors are backing away from social media app Dispo Inc. in light of sexual assault allegations against an associate of co-founder and YouTube celebrity David Dobrik.
Insurance technology company Counterpart Inc. announced March 23 that it had raised $10 million in funding to support the growth of its management liability insurance platform for small businesses.
More local shoppers are spending on beauty products, and a sizeable chunk of their dollars is going to homegrown brands.
Electric vehicle company Faraday Future Inc. hired Xuefeng Chen as chief executive of its China division.
FabFitFun Inc. is working with San Francisco-based RangeMe America to expand its collaboration with brands founded by business owners from diverse backgrounds.
Oetker Group, Europe’s equivalent to Duncan Hines, is testing a new brand concept in the Los Angeles market.
Long Beach-based Agilon Health Inc., which helps primary care physician groups cap costs for their Medicare Advantage patients, filed paperwork on March 18 with the Securities and Exchange Commission to become a publicly traded company.
USC has selected University of Pittsburgh Medical Center executive Steven Shapiro to fill a newly created role to guide the school’s health sciences programs starting May 15.
Santa Monica-based Kite Pharma announced March 5 that the Food and Drug Administration has granted accelerated approval for the company’s principal drug, Yescarta, for the treatment of adult patients with relapsed follicular lymphoma after two or more other therapies had already been applied.
Coliving and property management company Tripalink Inc. has grown rapidly since its founding in 2016.
Captiva Partners and a private investor have purchased a 47,000-square-foot flex industrial property in Burbank for $11 million.
A townhome project that would be built on the site of the historic Covina Bowl has been approved by the Covina City Council.
Like the rest of the businesses involved in Los Angeles County’s real estate market, law firms braced for the worst when the pandemic hit.
The pipelines to a jury trial were already clogged before the pandemic.
Many law firms across Los Angeles are working as hard, if not harder, than they did before the pandemic arrived.
The LABJ Interview
CEO John Agwunobi sat down with the Business Journal to discuss the pandemic’s impact on Herbalife, his unique perspective on pandemic preparedness and more.
Even as Los Angeles County’s employment picture darkened after revised state data showed job losses for 2020 were substantially bigger than previously reported.
While the Covid-19 pandemic has shuttered entire industries over the past year, it has fast-tracked Port Logistics Group’s expansion into ecommerce.
Restaurants in Los Angeles County may have the green light to reopen indoor dining rooms at limited capacity.
If there’s anything the events of the past year and the headlines of the past week have reinforced for all of us, it’s that diversity, inclusion and equity are more important than ever.