RSS Feed
Local private equity investment fell off a cliff last year. But managers are expecting improvement in the second half of this year after some encouraging signs in late 2009. “In some segments of the private equity market, last year ended with more deals than the combined total of the previous three quarters,” said Chris Britt, [...]
Archive for March, 2010
Posted in 
Encino Insurance Broker Pushes South
Posted by gary on March 4th, 2010
GNW-Evergreen Insurance Services, an Encino-based broker, said Aug. 25 that it signed a deal to acquire the assets of Plenary Insurance Services for undisclosed terms. As part of the deal, GNW-Evergreen took on Plenary’s San Diego office with three employees as well as an Orange County office with eight employees. Plenary is a subsidiary of [...]
Pacific Western Discovers One Bank’s Failure Can Be Another’s Gain
Posted by gary on March 4th, 2010
Another California bank was seized by federal regulators Aug. 28, bringing the number of failures in the state to nine this year, including Temecula Valley Bank in July. The tally for the nation as of last month was 84. Pacific Western Bank, the second largest bank based locally, took most of the assets and deposits [...]
Barney & Barney in the Mood to Celebrate 100 Years in Business
Posted by gary on March 4th, 2010
Lots has happened at Barney & Barney since the insurance brokerage opened its doors a century ago, such as not having to depend on selling animal skins to make ends meet. “Back in the early days when insurance didn’t pay the bills, Barney & Barney sold animal hides and tallow,” said Paul Hering, chief executive. [...]
Procopio Replacing Reed Elsevier Name on Downtown High-Rise
Posted by gary on March 4th, 2010
Downtown residents and workers will soon notice a new moniker atop the Golden Eagle Plaza Building when Procopio, Cory, Hargreaves & Savitch moves its headquarters from the neighboring Union Bank Building. Publishing giant Reed Elsevier, whose name graces the top of the 22-story high-rise located at 525 B St., renewed a lease on just two [...]
Children’s Hospital Makes Room for Surgical Partner, Fresh Start
Posted by gary on March 4th, 2010
Seven years in the making and millions of donation dollars later, a nonprofit provider of free reconstructive surgery to disadvantaged children and young adults has established a home inside Rady Children’s Hospital. Fresh Start Surgical Gifts unveiled its 22-room, 7,800-square-foot clinic Sept. 9. It planned to host its first surgical weekend Sept. 12 and 13. [...]
Hispanics Need Health Insurance Reform
Posted by gary on March 4th, 2010
The debate over medical health reform is divided into warring camps as to whether we should or should not keep the present system. For the Hispanic community, lack of reform has grave consequences. According to the U.S. Census Bureau, of the 45 million uninsured in the country, 15 million are Hispanic. There are 2.5 million [...]
Where Were the Democrats at Hispanic Convention?
Posted by gary on March 4th, 2010
The California Hispanic Chamber of Commerce, which represents the interests of 720,000 California-based, Hispanic-owned businesses, was in San Diego last week for its 30th annual convention. The chamber came to town with an aggressive agenda of business seminars and roundtables interspersed with speeches by politicians and top-level bureaucrats. Taken as a whole, the stature of [...]
