Stories by James
Gender diversity is one of the most intractable issues in the global economy.
Cannabis is on the ballot in six Los Angeles-area cities this November.
Charity fundraising platform Tiltify Inc. has raised $6.5 million in Series A funding.
Beverly Hills-based Levine Leichtman Capital Partners has closed a $544 million European investment fund.
Santa Monica-based technology and advisory company Wilshire Associates Inc. has agreed to be acquired by two New York-based private equity firms
Despite its sometimes opaque and immutable image, private equity is a constantly evolving field.
EP Wealth Advisors, a Torrance-based registered investment adviser, or RIA, has acquired Salt Lake City-based Insight Group Inc. and Financial Insight Center.
Santa Monica-based telehealth platform TigerConnect Inc. has raised $45 million in Series D funding.
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.
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.
Donald Friese is the billionaire former owner and chairman of Vernon-based glass products company C.R. Laurence.
Santa Monica-based technology and advisory company Wilshire Associates has agreed to be acquired by two private equity firms.
Commerce-based cannabis logistics company ManifestSeven Holdings Corp., or M7, has listed on the Canadian Securities Exchange.
Santa Monica-based canned water company Liquid Death has raised $23 million in Series B funding.
Venice-based Riot Ventures is officially aiming to raise $75 million for its second fund.
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.
Culver City-based 1661 Inc., doing business as Goat Group, has raised $100 million in Series E funding from New York hedge fund D1 Capital Partners.
Other more broad-based funds, like downtown-based TenOneTen Ventures, have increased their focus on health care investments.
Adam Struck, founder of Santa Monica-based venture firm Struck Capital, has always been bullish on Los Angeles’ startup ecosystem.
Culver City-based Boosted Ecommerce Inc. has raised $87 million to grow its portfolio of ecommerce businesses.
West L.A.-based online education company SketchyMedical has received a $30 million investment from TCG.
Special purpose acquisition companies, or SPACs, are in the midst of their biggest moment yet.
Zwift Inc., the Long Beach-based maker of a popular at-home cycling and running app, has raised $450 million in Series C funding.
El Segundo-based tax credit and incentives platform Incentify has received $4.25 million in equity investment from Ryan LLC.
Flying Eagle Acquisition Corp., a Century City-based special purpose acquisition company, or SPAC, plans to merge with mobile gaming platform Skillz Inc.
Having survived one major recession and seen long-term growth in its wake, Mesa West Capital believes the aftermath of Covid-19 could create similar opportunities in their space.
After months of webinars and Zoom meetings, Crypto Blockchain Plug Inc. is coming back to the physical world.
Hancock Park-based Broadway Financial Corp. is set to become the largest Black-led bank in American history.
Santa Monica-based Bonfire Ventures, which focuses on investments in business-to-business software companies, has raised $100 million for its second venture fund.
Cybersecurity company Britive Inc. has raised $5.4 million in late seed stage funding.
Despite a global pandemic and one of the most tumultuous economic environments in modern history, U.S. billionaires have done surprisingly well in the past year.
Downtown-based real estate investment company Colony Capital has offered to repurchase any or all of its outstanding 3.875% convertible senior notes due in 2021.
Entertainment payroll and insurance platform TakeOne Network Corp., doing business as Wrapbook, has raised $3.6 million in seed funding.
Culver City-based online security company Signal Sciences Corp. has agreed to be acquired by Fastly Inc. in a $775 million deal.
A group of 10 venture capital firms, including Santa Monica-based Act One Ventures and Marina del Rey-based Fifth Wall Ventures, have pledged to include diversity riders in their term sheets.
Amid this grim picture, banks appear to be something of a bright spot. The sector was one of the few to add jobs during the pandemic, according to state data.
Lending against California’s film tax credits has emerged as a niche industry in recent years. Some industry insiders say this practice will thrive, but others predict the film tax credit space may be in for rough times ahead.
Hancock Park-based Broadway Financial Corp. and CFBanc Corp. have announced plans to merge into a $1 billion institution.
Greg Seibly stepped into his current role as president of MUFG Union Bank at one of the most difficult economic moments in modern history.
Deal will give EV maker a valuation of $2.4 Billion
Torrance-based electric vehicle developer Canoo Inc. has announced plans to go public through a reverse merger in a deal designed to provide $600 million in total capital.
Investing platform PeerStreet has launched a diversified real estate debt fund dubbed Peer Street Credit Opportunity.
Electric vehicle developer Canoo Inc. has announced plans to go public via a reverse merger.
Activist investor Carl Icahn has sold a major stake in downtown-based nutritional supplement company Herbalife Nutrition Ltd.
Gores Group has raised its largest special purpose acquisition company, or SPAC, offering to date. The Beverly Hills-based private equity firm closed Gores Holdings V at $525 million, up $50 million from its initial target.
The Los Angeles venture capital ecosystem just received its newest addition with the launch of Playa Vista-based venture studio Share Ventures.
Culver City-based charity fundraising platform Omaze Inc. has raised $30 million in Series B funding.
Brendan Ross, founder of Direct Lending Investments, has been arrested by the FBI on fraud charges.
After starting 2020 with one of the strongest periods on record, Los Angeles venture capital deal-making took a big hit in the second quarter.
Colony Capital reported a net loss of $2 billion on revenue of $372 million in the second quarter.
Alive Ventures, a venture studio dedicated to helping older Americans, has spun out of Long Beach-based Scan Foundation.