Stories by James
Tax credits and incentives are central pillars of the green energy industry.
It was a year that will be remembered for a pandemic, an economic downturn and social justice protests, but for many publicly traded companies in Los Angeles, 2020 will also go down as a period of strong gains in the equities markets.
Santa Monica-based March Capital has closed a its third venture fund with $450 million in capital.
Santa Monica-based outdoor furniture startup Outer Inc. has raised $10.5 million in Series A funding.
Activist investor Carl Icahn has sold the majority of his shares in Herbalife Nutrition Ltd. and has relinquished his five board seats at the downtown-based nutritional supplement company.
Vernon-based electric vehicle battery-maker Romeo Power Inc. has gone public via a special purpose acquisition company, or SPAC.
Veteran investors and former media executives Harry Sloan and Jeff Sagansky are looking to raise their largest special purpose acquisition company, or SPAC, yet.
Three years ago, local entrepreneur and expectant mother Jessica Chang received some surprising advice.
Beverly Hills-based SSI Investment Management has experienced significant upside over the last year through its focus on a relatively niche asset class.
Real estate investment firm Colony Capital Inc. has relocated its corporate headquarters from downtown to Boca Raton, Fla.
Kayne Anderson Capital Advisors has raised a $600 million collateralized loan obligation fund.
Veteran investors Harry Sloan and Jeff Sagansky are looking to raise their largest SPAC yet.
Beverly Hills-based Platinum Equity has sold portfolio company Compart Systems Pte Ltd. to Chinese investor Shanghai Wanye Enterprises Co. Ltd.
Colony Capital Inc. has sold off or refinanced several of its legacy real estate assets, netting the firm a combined $181 million.
Greycroft has had a standout year amid some of the greatest economic turmoil in decades.
Culver City-based NantKwest Inc. and El Segundo-based ImmunityBio have announced plans to combine in a reverse merger.
The rate of bank account ownership remains low in Los Angeles relative to the rest of the country, according to the most recent report by the Federal Deposit Insurance Corp. on unbanked Americans.
Downtown-based fintech Perch Credit Inc. has raised $2.5 million in seed funding.
Anthony Zhang is the epitome of a dogged entrepreneur.
Richard Raffetto has spent just over 100 days as president of downtown-based City National Bank.
Swell Energy Inc. has partnered with Century City-based asset manager Ares Management Corp. and sustainability-focused asset manager Aligned Climate Capital to create a $450 million financing vehicle.
Beverly Hills-based Live Nation plans to sell $500 million worth of secured senior notes in a private offering.
Downtown-based Oaktree Capital Management has invested $100 million in oil and gas investment company BKV Corp.
Beverly Hills-based Platinum Equity has announced plans to acquire Irvine-based Ingram Micro Inc. in a deal valued at $7.2 billion.
Orca Security Ltd., a cybersecurity company focused on cloud computing systems, has raised $55 million in a Series B funding round.
Oblong Inc., a downtown-based remote meeting equipment business, has raised $5 million in PIPE investment.
As the oldest multifamily office on the West Coast, Whittier Trust Co. has seen its share of economic turbulence.
Santa Monica-based private equity group Clearlake Capital Partners has unveiled a series of five acquisitions in recent weeks.
Santa Monica-based Callfire Inc., doing business as EZ Texting, has received $13 million in growth capital financing from Canadian Imperial Bank of Commerce’s CIBC Innovation Banking arm.
Downtown-based real estate investment firm Colony Capital Inc. has closed the sale of its 51% ownership stake in a $400 million industrial bulk distribution portfolio.
Harry Sloan has had an impressive, if eclectic, career.
Like the financial crisis a decade ago, the Covid-19 pandemic has sent shockwaves through the lending markets.
West Hollywood-based salon and spa software platform Boulevard Labs Inc. has raised $27 million in Series B funding.
West Los Angeles-based B2B e-commerce platform Credit Key has raised $33.85 million in series A capital.
HMBradley Inc., a Santa Monica-based fintech company focused on banking services, has raised $18.3 million in Series A funding.
Century City-based Lido Advisors and Oakhurst Advisors as well as Washington, D.C.-based F/m Acceleration have completed the purchase of First Western Capital Management Co.’s fixed-income business.
While the pandemic’s economic impact has been devastating for some Angelenos, most of L.A.’s well-heeled have been relatively insulated from the financial fallout.
Betty Uribe is just over one month into her term as JPMorgan Chase & Co.’s California consumer bank divisional director, overseeing JPMorgan’s entire California retail bank network.
Santa Monica-based Quid Capital Group has raised a $320 million fund to lend against private technology company stocks.
Sound Ventures, a Beverly Hills-based venture firm founded by Ashton Kutcher and Guy Oseary, is looking to raise $150 million.
Investment firm Digital Colony Management has led a $1.25 billion investment in Denver-based Vantage Data Centers.
Everytable, a University Park-based prepared meal startup, has raised $16 million in Series B funding.
Downtown-based TCW Group Inc. has entered into a partnership with investment bank Jefferies Group and credit manager Kennedy Lewis Investment Management to issue new collateralized loan obligations, or CLOs.
Brace Software Inc. could not have been better positioned for Covid-19.
Anna Barber, the former managing director of Techstars Los Angeles, has joined Santa Monica-based venture firm M13.
Hancock Park-based Broadway Financial Corp. reported a net loss of $244 million in its third-quarter earnings.
Santa Monica-based private equity firm Clearlake Capital Partners plans to buy cloud-based business services company Endurance International Group Holdings Inc. in an all-cash deal valued at $3 billion, including debt.
Beatríz Acevedo, founder of downtown-based Latino youth media company Mitú, has launched personal finance platform Suma Wealth Inc.
Culver City-based cannabis retailer MedMen Enterprises Inc. has raised $25.7 million in debt across three loan facilities.
Scratch Financial Inc., better known as Scratchpay, has had breakout success in a remarkably niche business.