Author: Karen Burnett
Eldridge Industries Enters Agreement with Blue Owl to Bring Innovative Liquidity Solution to GP Stakes Industry
Zinnia Raises $300 Million in Strategic Financing from Vista Credit Partners
Todd Boehly joins CNBC’s Halftime Report to discuss the market, lending, private credit demand, and more
SamCart Raises $82 Million Series B To Service Thriving Creator Economy
Influencers with Andy Serwer: Todd Boehly
In an episode of Influencers, Andy Serwer of Yahoo! Finance is joined by Eldridge co-founder and CEO Todd Boehly as they discuss his investment in the LA Dodgers, monetary inflation, and the polarized political environment in Washington.
Industry Veterans Launch European Specialist Real Estate Investment Firm Blackbrook Capital
Inside Allbright, the Networking Club Exclusively for Women
Eldridge Industries Announces Promotion of John E. Kim to Principal
W&M Announces Kaplan Arena Revitalization and New Sports Performance Center
One-Third of Americans Are Losing Money on Unused Subscriptions: Truebill CEO
Eldridge Industries Announces Michele Trogni as Operating Partner
Valence Media Acquires Nielsen Music
Valence Media, the parent company of The Hollywood Reporter and Billboard, is acquiring the Nielsen Music insights and product suite.
Elo Partners With ESL to Launch Reach, Providing Dota 2 Players Path to Professional Esports Play
Atrium Sports Acquires Synergy Sports to Provide End-to-End Technology for Sports Industry
Lisa Ohlmeyer, SVP Finance & Strategy at SCF Aviation Capital, Named to Monitor’s 2019 Top 50 Women in Leasing
Cain International CEO: Big Believer in Luxury Commercial Real Estate in the Gateway Cities
Jonathan Goldstein, CEO of Cain International, discusses the state of the commercial market.
Inside the Brigette Romanek–Designed AllBright
Architectural Digest goes inside the newest Allbright club in Los Angeles, California.
Stonebriar Closes $685MM Securitization Transaction
Stonebriar Commercial Finance closed its sixth commercial equipment asset-backed securitization, SCFET 2019-2, a $685 million ABS issuance with top tranches rated triple A.
Solid Goldstein: How Jonathan Goldstein’s Cain International Made Its U.S. Debt Debut
A profile of Cain International’s Chief Executive Officer, Jonathan Goldstein, in the Commercial Observer.
Security Benefit Launches New FIA Series to Help Americans Safely Meet Asset Accumulation Goals
Strategic Growth Series Annuities offer financial representatives and their clients the opportunity to accumulate retirement savings without risk.
Stonebriar Completes $150.0 Million Investment Grade Offering of Unsecured Notes Due 2024
Stonebriar Commercial Finance today announced the closing of a private issuance of $150.0 million aggregate principal amount of notes due 2024 initially assigned a “BBB (low)” rating by DBRS, Inc.
Truebill’s CEO Discovered He Was Being Charged for a Monthly Security Service at a House He Didn’t Live In. Now His Startup Raised $15 Million and is Moving to DC.
Truebill, a financial management app that tracks spending, subscription charges, and credit scores, announced it raised $15 million in Series B funding on Wednesday.
Kennedy Wilson Announces $300 Million Perpetual Preferred Equity Investment From Eldridge Industries
Joint Venture Platform with Eldridge Affiliate Security Benefit Increases Target to $1.5 Billion.
Aman and OKO Group Announce a Construction Loan of $750M Arranged by Cain International
Aman and OKO Group announce a $750M construction loan from Cain International to finance the development of Aman New York which will occupy the Crown Building situated in the heart of Manhattan on the corner of 5th Avenue and 57th Street.
“From CLOs to ‘Ozark,’ Ex-Guggenheim President Builds an Empire”
Bloomberg’s Erik Schatzker interviews Todd Boehly, Chairman and CEO of Eldridge Industries.
Security Benefit Named to Forbes “America’s Best-In-State Employers List”
In an inaugural survey, Security Benefit was named to the Forbes “America’s Best-In-State Employers List.” According to the new ranking, Security Benefit came in at No. 5 among the Top 29 companies in the state of Kansas. Forbes, in partnership with market research firm Statista, surveyed more than 80,000 U.S. employees working for companies employing at least 500 people in their U.S. operations.
Empowering Your People: Fate Leads by Listening and Learning
Monitor’s first annual MVP award winner, Stonebriar Commercial Finance President and CEO Dave Fate, talks about Stonebriar’s successes and shares five tips for aspiring MVPs.
William & Mary Ties Strengthen The Team Behind The St. James
The Spring 2019 issue of the William & Mary Alumni Magazine features an interview with The St. James co-founders Craig Dixon ’97, and Kendrick Ashton ’98.
100 North Crescent Hosted the Third Annual Superhero Walk Organized by Lollipop Theater
While Avengers: Endgame took the worldwide box office by storm, over 100 real-life superheroes assembled to walk through the streets of Beverly Hills. 100 North Crescent was proud to host the third annual Superhero Walk organized by Lollipop Theater, an incredible charity bringing together children facing medical challenges. With the support of the City of Beverly Hills, this event demonstrated superheroes come in all sizes and ages.
Eldridge Industries Announces $1.36 Billion Equity Investment
Eldridge Industries (“Eldridge” or “the Company”), a private investment firm, today announced the closing of $1.36 billion of common equity issued to a partnership owned substantially by Swiss businessman and philanthropist, Hansjörg Wyss, and Eldridge Co-Founder, CEO and controlling-member, Todd Boehly. This marks the second investment the Wyss and Boehly partnership have made into Eldridge. The new proceeds will further capitalize Eldridge and will drive strategic growth across the Company’s businesses.
“Todd Boehly Makes Money by Thinking Inside the Box”
In Barron’s April 15th issue, Mary Childs profiles Eldridge Industries Chairman and CEO, Todd Boehly.
Stonebriar Closed its Fifth Equipment Securitization Transaction for $650 Million
Stonebriar Commercial Finance, a leading independent large-ticket commercial finance company, closed its fifth commercial equipment asset-backed securitization (“ABS”), SCFET 2019-1, a $650 million ABS issuance with top tranches rated triple A.
Essential Properties Realty Trust, Inc. Announces Underwriters’ Full Exercise of Option to Purchase Additional Shares
Seeing Real Opportunity in Entertainment in Middle East
Todd Boehly, Eldridge Industries Chairman and CEO, discusses opportunities in the region:
Eldridge Acquires Majority Ownership Position in Maranon Capital
Maranon Capital, L.P., an investment firm focused on private credit investments in middle market companies, today announced that Eldridge has increased its investment in Maranon, now holding a majority ownership position.
Cloud9 Welcomes New Partner Puma for 2019 LCS Spring Split
Cloud9 announced a new partnership with PUMA for Cloud9’s North American League of Legends Championship Series (NA LCS) team for Spring Split. The signing is the largest esports deal to date for PUMA, and is also a milestone, being a first-of-its-kind apparel partnership for Cloud9.
New Hotel Receives the Ultimate Compliment
Etiquette expert William Hanson describes the service at the Waldorf Astoria Beverly Hills as the ‘Olympic Standard’ –‘No fine detail has been missed and tranquility is the consistent theme.’ Open for just over a year, the hotel offers 170 rooms and blends American can-do innovation with discreet, attentive British service.
Amazon Backs The Hollywood Reporter’s Diversity Effort
The Hollywood Reporter announced the creation of a two year job-training program called the Young Executives Fellowship, which will provide the opportunity for a diverse group of high school juniors from Los Angeles to learn about the entertainment industry. Amazon Studios and WME are sponsors, with Mayor Eric Garcetti of Los Angeles and Martin Luther King III serving as advisory board members.
Cain International and Alagem Capital Group to Acquire 9900 Wilshire Boulevard
Cain International Sells Stake in sbe Entertainment Group to AccorHotels
Cain International has closed on the sale of its stake in sbe Entertainment Group to AccorHotels providing a successful exit to its investors. Cain International first took a stake in sbe Entertainment Group in December 2016, providing capital to institutionalize and dramatically scale the business through acquisition, development and repositioning of over $1 billion in assets worldwide.
Valence Media Invests in Fulwell 73
Valence Media has finalized an investment in Fulwell 73, the prolific British independent production company run by partners Ben Winston, Leo Pearlman, Gabe Turner, Ben Turner and James Corden. Fulwell 73 produces the wildly popular shows Carpool Karaoke and Drop the Mic as well as the documentaries Class of 92, I Am Bolt, One Direction 3D: This Is Us, among others. The Company also co-produces The Late Late Show with James Corden.
How The St. James Is Changing the Sports and Wellness Game
Kendrick Ashton and Craig Dixon discuss the opening of The St. James, a 450,000 square foot sports, wellness and active entertainment destination in the Washington DC metro area.
Alagem Capital Group and Cain International Announce Partnership on Premiere West Coast Properties Waldorf Astoria and Beverly Hilton
Security Benefit’s RateTrack® Annuity Wins Wink’s 2017 Excellence in Annuity Innovation Award
Independent market research firm Wink, Inc. has named Security Benefit Life Insurance Company’s RateTrack® Annuity as its 2017 award winner for Excellence in Annuity Innovation. In developing the Excellence in Annuity Innovation Award, its first-ever award program, Wink reviewed the 202 fixed and fixed index deferred annuities that launched in 2017, as well as the 105 that launched in 2016. Their aim was to identify non-variable deferred annuity products with unique identifying features.
Essential Properties Realty Trust, Inc. Announces Pricing of Initial Public Offering
Essential Properties Realty Trust, Inc., an internally managed real estate company that acquires, owns and manages primarily single-tenant properties that are net leased on a long-term basis to middle-market companies operating service-oriented or experience-based businesses, today announced the pricing of its initial public offering of 32,500,000 shares of its common stock at an initial public offering price of $14.00 per share.
Inside the Quest to Build the World’s Next Biggest Franchises
Aurify Brands is helping food entrepreneurs scale their fledgling brands by providing them with everything from capital to operational support and mentorship.
Stonebriar Closes its Fourth Equipment Securitization Transaction for $578 Million
Stonebriar Commercial Finance announced the closing of SCFET 2018-1, a $578 million asset-backed securitization transaction. SCFET 2018-1 marks the fourth equipment securitization transaction that Stonebriar has closed in the last 24 months and its first to secure triple-A ratings.
Cain International Secures £390 Million Development Loan for The Stage
Cain International, the diversified real estate investment company, has secured a £390 million development loan for The Stage, its £750 million mixed-use project in London’s Shoreditch.
Security Benefit Derivatives Team Awarded “Insurance Risk Management Team of the Year” by EQDerivatives, Inc.
Security Benefit has earned the EQDerivatives 2018 “Insurance Risk Management Team of the Year” award for its risk management program for its fixed indexed annuity products.
Valence Media Launches to Create New Diversified Media Company
Deal merges industry leaders in premium television, film, live entertainment and digital media: Billboard-Hollywood Reporter Media Group, dick clark productions and MRC.
Kuvare Selects SE2 as Key Technology and Operations Partner
SE2 will enable KUVARE to increase its speed to market, improve its digital technology offerings, drive greater process discipline and standardization, and maintain high levels of customer service for its North American insurance clients.
Elliott Bay Announces 2017 Activity
37 Properties Acquired and Three Independent Members Join Board of Directors
Security Benefit’s Financial Strength Rating Upgraded to A-
Balance sheet strength and strong performance cited in revised rating from A.M. Best
Stonebriar Commercial Finance Closes Third Securitization
SCFET 2017-2, a $374 million asset-backed securitization transaction, marks the third securitization transaction that Stonebriar has closed in the last 18 months