Day: January 14, 2025

LA asset management firms overseeing more than $4T scramble to recover after wildfires

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LA asset management firms overseeing more than T scramble to recover after wildfires

Several workers at Los Angeles-based asset management firms, which in total oversee more than $4 trillion, are scrambling to find new homes — and some of the businesses are seeking new headquarters — after the California wildfires destroyed their properties. Anacapa Advisors, a $60.5 million hedge fund, moved into a new four-story office building in … Read more

Auto Fire in Ventura forces evacuations as ‘particularly dangerous’ threat breaks out in another part of Southern Calif.

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Auto Fire in Ventura forces evacuations as ‘particularly dangerous’ threat breaks out in another part of Southern Calif.

A new wildfire broke out in Ventura County late Monday night as thousands of firefighters in California continued their work to extinguish other deadly blazes that have scorched thousands of acres of land in the Los Angeles area since last week. Fire officials said the Auto Fire ignited near a river in Ventura late Monday night and quickly began to spread before crews … Read more