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Kim Kardashian becomes a private equity dealmaker in collab with ex-Carlyle partner

TechCrunch LA

Kim Kardashian, who passed the “baby bar” exam in preparation to become a lawyer last year, just added another job title to her lineup — private equity investor. SKKY will take both control and minority stakes in its target companies, according to the Journal. billion with her stake at over $1 billion.

Equity 299
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K1 Invests $21 Million in Eltropy

L.A. Business Journal

Manhattan Beach-based private equity firm K1 Investment Management is making a $21 million investment in software company Eltropy Inc.

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Should you include your sweat equity in a business plan?

Berkonomics

The IRS could see that you are not paying yourself interest on the accrued debt, and consider it invested capital, eliminating your ability to repay yourself in the future. Or you could voluntarily convert the loan into stock with a single journal entry and a stock certificate. Another “trick you might use – wrongly.

Equity 156
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GumGum Lands $75 Million Investment From Goldman Sachs

L.A. Business Journal

announced a new $75 million investment April 13 from the growth equity division of Goldman Sachs Group Inc. Santa Monica-based advertising technology company GumGum Inc.

Invest 130
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3L Capital Raises $217 Million Fund to Invest in Local Startups

L.A. Business Journal

Westwood-based growth equity investment firm 3L Capital announced July 8 it raised a $217 million equity fund to continue investing in local companies.

Invest 113
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Investment Fund Vision Esports Raises $38 Million

L.A. Business Journal

Investment fund Vision Esports announced on Feb. 22 that it raised $38 million in a round led by Evolution Media, the investment firm backed by Creative Artists Agency and private equity fund TPG Growth.

Invest 127
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Brentwood Associates Invests in Credentials Solutions

L.A. Business Journal

Middle-market private equity firm Brentwood Associates in Sawtelle announced on Feb. 6 an investment in Credentials Solutions, a technology company that provides business services to the higher education sector. The amount invested was not disclosed.

Brentwood 100