FINANCE

The 2022 Money Issue Money Managers Directory

See a comprehensive directory of Los Angeles money managers and their contact information in the 2022 Money Issue.

Tease photo

Private Equity Firms: SPACs Grow Up

The 2022 Money Issue

Private equity firms rocketed to new heights in 2021 on the back of SPAC mania and an unprecedented dealmaking market, only for the rockets to seemingly run out of fuel.

Tease photo

The 2022 Money Issue Private Equity Firms Directory

See a comprehensive directory of Los Angeles private equity firms and their contact information in the 2022 Money Issue.

Tease photo

Venture Capital: Hot Tech Hub

The 2022 Money Issue

Armored in blockchain and riding high on a unicorn cavalry, venture capital firms in Los Angeles are still reaping the benefits of the post-Covid tech boom.

Tease photo

The 2022 Money Issue Venture Capital Firms Directory

See a comprehensive directory of Los Angeles venture capital firms and their contact information in the 2022 Money Issue.

Tease photo

B. Riley Acquires FocalPoint Securities for $175 Million

B. Riley Financial Inc. has acquired independent investment bank FocalPoint Securities for $175 million.

Tease photo

LA County Unemployment Rate Falls to 8.4% in December

Los Angeles County’s unemployment rate fell to 8.4% in December from 8.9% in November and 9.4% in October amid robust hiring.

Tease photo

CAA Parent Company TPG Sets IPO Share Price

The parent company of Creative Artists Agency and DirecTV set the price of its initial public offering with 33.9 million shares of Class A common stock at $29.50 per share.

Tease photo

How LA-Based Public Company Stocks Performed in 2021

Buoyed by the city’s position as a global leader in finance and technology, publicly traded companies in Los Angeles in 2021 maintained the previous year’s strong performance though, overall, it did not show the same gains as major market indexes.

Tease photo

Dave Inc. to Make Nasdaq Debut in January

Dave Inc., a West Hollywood-based fintech and banking app company aimed at “leveling the financial playing field,” will go public on the Nasdaq under the tickers DAVE and DAVEW in early 2022.

Tease photo

Fintech Launches Crypto Bank Account for Hispanics

A West Hollywood-based fintech announced the launch of a banking program Dec. 20 aimed at building Hispanic wealth through stakes in the crypto sector.

Tease photo

RBB Bancorp Buys Gateway Bank for $23 Million

Westlake-based RBB Bancorp announced its entry into the San Francisco Bay Area Dec. 28 with the purchase of Gateway Bank F.S.B. in Oakland, a deal valued at approximately $22.9 million.

Tease photo

LA County Unemployment Fell to 8.9% in November Amid Gain in Jobs

Los Angeles County’s unemployment rate fell to 8.9% in November from 9.4% in October amid a hiring surge that saw employers in the county add 43,000 payroll jobs.

Tease photo

Business Managers Land Starring Roles in Celebrity-Branded Business Ventures

Spurred by peers occasionally hitting jackpots, Hollywood talent has been diversifying into entrepreneurial side ventures in which, in a new twist, their business managers and lawyers take frontline roles.

Tease photo

Ares Management Closes $14 Billion Fund

Century City-based Ares Management Corp. announced the final closing of its Senior Direct Lending Fund II Dec. 13 with an anticipated $14 billion total capital base, including expected leverage.

Tease photo