LABJ WEEKLY EDITION
INVESTMENTS: Aristotle Capital signs up veteran duo to operate Boston outpost.
West L.A. money management firm Aristotle Capital Management wanted to add a team to lead its expansion into small- and midcap stocks, and it went about as far as possible in the continental United States to find one.
DINING: Blackhouse’s two co-founders look to pick up pace on new locations.
Since starting their Blackhouse Hospitality restaurant group in Los Angeles three years ago, chef Tin Vuong and business partner Jed Sanford have opened four restaurants, with one passing the test of famed Los Angeles Times restaurant critic Jonathan Gold.
Last week’s major news from labusinessjournal.com and other sources
Investors think chewable food is overrated. Or at least that is what can be gleaned from the news that downtown L.A. food tech company Soylent raised $20 million in a Series A funding round, led by Andreessen Horowitz, to expand operations.
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DEVELOPMENT: Trumark Urban sees area as ripe for $100 million project.
San Francisco’s Trumark Urban last week broke ground on a $100 million condominium project at 1050 S. Grand Ave., the first high-rise condo development to be built in the area in more than seven years.
Goldline’s Brian R. Crumbaker says the city of L.A.’s business incentives tipped the scales for the relocating precious metals dealer.
City Councilman Paul Koretz looks to open door to unwelcome curbs on residential construction.
Meir Kroll warns City Councilman Paul Koretz could fence in home development across the Westside.
Benjamin Cole salutes the late Dick Lewis for turning local real estate deals into big news.
construction: Shares of KB Home tumble on poor fourth-quarter report.
Investors move out of KB Home after poor fourth-quarter earnings report.
Aecom engineers biggest M&A transaction of 2014
The Business Journal provides the how and why of L.A.’s 10 biggest deals of 2014.
ADVERTISing: City of L.A. may flatout forgive scofflaws.
ADVERTISING: City of Los Angeles appears ready to sign off on giving a pass to rule-breaking billboards.
film: Low-cost ‘Woods’ may sow seeds for more musicals.
Box-office strength of Disney’s “Into the Woods” could change Hollywood’s tune on producing musicals.
Why Mercury General’s new TV commercials will air in states it’s not licensed to operate in.
HEALTH CARE: Daughters backs bidder despite union opposition.
Deal for Daughters of Charity Health System’s hospitals results in second opinion from union.
PriceRealized looks to keep stats on sports items for collectors.
PriceRealized.com aims to let bidders know the score on the value and history of sports memorabilia.
Hollywood Show event brings fans together with veteran celebs.
Hollywood Show plays matchmaker between stars of yesteryear and autograph collectors.
Blind’s interactive process lets viewers control storyline.
Design studio Blind looks to increase bands’ options by giving viewers choose-your-own-adventure videos.
Swagbucks.com co-founder Scott Dudelson exited the company in July after it received a $60 million investment.
News and notes from communities across Los Angeles County
Xencor Inc., a clinical-stage biopharmaceutical company in Monrovia, has entered into a new lease for its 25,000 square feet of office and lab space at 111 W. Lemon St.
INTERNET: Marketing firm brings in domain vet Page Howe to spread gospel of dot-la to businesses in Los Angeles.
Domain-name vet Page Howe is working to get dot-la to click with local businesses.
real estate: Shares of Public Storage rise on analysts’ ratings boost.
Investors lock up shares of Public Storage after upgraded analyst ratings for the sector giant.
DEVELOPMENT: Dole faces exposure from acquisition of homebuilder in 1969.
Dole Food faces eating the partial cost for cleanup of a neighborhood built a company it later aquired.
Manufacturing: Owner of Bentley Mills puts money into producing tile products.
Bentley Mills now has carpet tiles covered after a refocus of its business.
ONLINE: J2 Global’s pace picks up with closure of eight deals in December.
Internet software and service provider J2 Global picked up its acquisition pace with eight in December.
FINANCE: Balance Point’s business came together with focus on acrimonious splits.
When Stacey Napp founded Balance Point Divorce Funding in Beverly Hills six years ago, she couldn’t catch a break. Today, business is booming.