James Cutchin

Staff Reporter

Email: jcutchin@labusinessjournal.com
Phone: 323-549-5225 Extension: 232

Recent Stories

Banc of California Ends Partnership

Pays $20 million to leave LAFC stadium deal

Just over two years into its 15-year stadium naming deal with Los Angeles Football Club, Banc of California has announced it is dialing back the partnership.

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Sustain and Gain

Trilinc makes the most of socially conscious investing

Last year saw record levels for socially conscious investing, with sustainable fund assets reaching $960 billion globally in 2019 — the highest ever, according to research firm Morningstar Inc.

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K1 Sells Digital Software and Marketing Company

Aurora Capital acquires FMG Suite

Manhattan Beach-based private equity firm K1 Investment Management has sold FMG Suite to Aurora Capital Partners, a private equity firm headquartered in Westwood.

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Ares to Pay $1 Million Fine to SEC

Century City-based Ares Management Corp. has been charged with compliance failures by the Securities and Exchange Commission.

Nanotech Sets Series C

Graphene battery-maker raises $28 million for production

Brentwood-based Nanotech Energy Co. has raised $27.5 million to ramp up production of its graphene-based products.

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ExchangeRight Wins ‘Essential’ Bet

Firm invests in properties with health care tenants

Pasadena-based real estate investment firm ExchangeRight is carving out steady returns despite the pandemic-driven downturn.

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Banks Are Well Positioned to Weather the Storm

Local institutions likely to play a key part in economic recovery

Banks, like a majority of other industries, will not thrive in the Covid-19 downturn. But they are one of the sectors best positioned to survive.

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VCs Defend PPP Use by Companies

Local leaders push back on complaints about funds

The federal Paycheck Protection Program has served as a lifeline for struggling companies, but it has also prompted concerns over access to capital.

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K1 Sells Finance Marketing Company

Manhattan Beach-based private equity firm K1 Investment Management has sold FMG Suite to another local private equity firm.

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Change of Pace

After a fast start in 2020, VC activity has slowed dramatically

Los Angeles venture capital dealmaking got off to a strong start this year, but the Covid-19 downturn dealt blows to VC-backed companies and investors alike.

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