MetLife Investment Management has agreed to acquire Raven Capital Management, a New York and Santa Monica, California-based alternative investment firm. No financial terms were disclosed. Raven invests across the private credit spectrum,
The target, Raven Capital Management, is a privately owned alternative investment company based in New York and Santa Monica, Calif., with $2.1 billion in assets under management as of Dec. 31, 2022.
A s the international collecting class descends upon L.A. for another season of conspicuous commerce at the London-based Frieze Fair—this year held at Santa Monica Municipal Airport, the exact spot where the Art Los Angeles Contemporary Fair once thrived—more adventuresome art lovers might want to venture to other parts of the city for a slew of shows by more organically-raised L.
California has rejected Berkeley’s housing growth plan, which the university town submitted just before the Jan. 31 deadline set by the state. This apparently will put Berkeley in the same category as a bevy of Bay Area cities that failed to submit plans before the deadline—as in failure to comply—in danger of having the state impose “builder’s remedy” zoning overrides and a loss of state funding for housing and other grants.
As many diabetics across the Golden State struggle with insulin costs, California’s efforts to make the medication more affordable have yet to yield results. This year, lawmakers will revisit legislation that would address at least one piece of the affordability puzzle.
MTV Movie & TV Awards is set to take over the West Coast on Sunday, May 7, when the star-studded ceremony returns to the Barker Hangar in Santa Monica, California. And this year, the event will go back to one ceremony rather than having separate shows for scripted and unscripted TV and films.