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.
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.
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.
Century City-based Ares Management Corp. has been charged with compliance failures by the Securities and Exchange Commission.
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.
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.
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.
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.
Manhattan Beach-based private equity firm K1 Investment Management has sold FMG Suite to another local private equity firm.
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.