Velocity acquires Toorak’s operating platform
Westlake Village-based Velocity Financial announced that it has agreed to acquire the operating platform of Toorak Capital, a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase Read More →
Limoneira hopeful its site will be home of new health care facility
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Trade Desk insider trading case likely to be settled in plea deal
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Updated: AeroVironment commits $100M to new Moorpark campus
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Robert East joins Merrill Lynch to lead Central Coast ops
Merrill Lynch has named Robert East as its senior market executive for the Valley Coast market, according to an Aug. 8 press release. East leads a team of 105 financial advisors across seven wealth management offices from San Luis Obispo south to Encino. He oversees approximately $26 billion in assets under management for local Merrill Read More →
VCCU takes a multi-pronged approach to financial education
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Semtech sells off cellular module business for $62M
Camarillo-based Semtech, a provider of Internet of Things products, announced that it is selling off its cellular module business to Compal Electronics for $62 million in cash, according to an Aug. 13 press release. Compal Electronics is a major Taiwanese original design manufacturer founded in 1984. The deal is expected to close in the fourth Read More →
