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The Panda Restaurant Group announced plans today to expand their family office’s investment platform by bringing in Founding Partner and Managing General Partner of Breakaway Capital Warren Woo, and former Managing Director at Wells Fargo & Co. Carey Do Kim to the investment arm of the Cherng Family Trust Office in Los Angeles.
Public relations powerhouse Prosek Partners has acquired Westwood-based Muirfield Partners for an undisclosed amount of cash and equity from Muirfield founder Mickey Mandelbaum.
BEAUTY: Skin Laundry sees low-cost service as opportunity to clean up.
Skin Laundry has fleshed out a business strategy with a focus on low-cost laser facials.
RETAIL: Owner of Fred Segal wants moniker gone on Melrose.
Owner of Fred Segal name says Melrose shopping district property needs to drop the moniker.
ART: Investment could lift Carlyle’s business but firm faces online sales risks.
Auctioneer Carlyle Galleries International is bidding on going public to boost its business prospects.
ENTERTAINMENT: Fall of Modern Videofilm pitched as sabotage by hedge fund.
Founder of Modern Videofilm frames the postpoduction firm’s collapse as a hedge fund scheme.
University of Southern California alumni Suzanne Dworak-Peck donated $60 million to the private university’s school of social work on Wednesday, one of the largest contributions in history to a school of its kind. With Dworak-Peck’s hefty gift came a change to the school’s name, which has now been dubbed the USC Suzanne Dworak-Peck School of Social Work.
L.A. city officials launched a program Wednesday to guarantee all high school graduates within the Los Angeles Unified School District at least one free year of tuition-free community college education.
Parent plans to sink $90 million into bankrupt Hanjin to get cargo moving at ports.
Restaurant taps rare rum in whipping up mai tai that will set you back $26.
Restaurant Here’s Looking at You has uncorked a $26 mai tai reliant on rare rum.
TV: Academy looks to spread out Emmys action with three award nights.
TV: Need for programs at digital platforms channels pilots to L.A.’s facilities.
Content demand from streaming services has taken a lead role in boosting local pilot production.
SPORTS: Local offerings include new radio show with coach Jeff Fisher.
The Los Angeles Rams are ready for regular season football – and so are its broadcast partners.
Levine Leichtman Capital Partners, a Beverly Hills private equity firm, cashed in its chips – or pretzels – when it sold its majority stake in Pasadena pretzel chain Wetzel’s Pretzels to CenterOak Partners, a Dallas private equity firm.
Pet-care technology is a booming business. Just ask Carlos Herrera, chief executive of automated pet feeder maker Petnet, whose downtown company just received a $10 million Series A round led by San Diego’s Petco Animal Supplies Inc. Online financial services firm Aspiration Growth and other undisclosed investors also participated.