Shelby County apartment, hotel PILOT bill moves through legislature
“We believe we here in Shelby County are sophisticated enough to use [PILOTs] appropriately and we are simply asking the state for the freedom and flexibility to use that tool.”
Effex owner brings tapas and tequila to NE Heights, adding to growing restaurant complex
Northeast Heights residents have a new destination to satisfy that tapas and tequila fix.
Effex Nightclub owner Carri Phillis announced Thursday the grand opening of her new two-story restaurant off Osuna and San Pedro. Blue Agave Republic, or BAR, is a new venture focused on bringing a mix of tequila, tapas and nightlife to Albuquerque.
Phillis, who also owns Side Effex Gastropub on Central, collaborated with head chef Josh Lovato to create a wide menu of traditional Spanish tapas mixed with…
Sources: Dozens of Transwestern RBJ staffers to join CBRE New England
The expected deal has many in the industry bracing for a shockwave, both from expected attrition as well as the even more formidable prospect of a bolstered CBRE New England team.
Silicon Valley stocks rise slightly as Apple, Facebook gain
An index of Silicon Valley's largest tech stocks gained slightly on Thursday, buoyed by a handful of strong performers.
The Bloomberg Silicon Valley High Tech Index climbed 0.35 percent as seven of its 13 members posted gains. HP Inc. (NYSE: HPQ) was the index's top performer, gaining 1.04 percent in regular trading. Shares jumped further after-hours on strong earnings.
Advanced Micro Devices (NASDAQ: AMD) climbed 1.02 percent, followed by Apple (NASDAQ: AAPL), up 0.89 percent. Facebook (NASDAQ:…
Viewpoint: Why Silicon Valley venture capitalists need to care about ICOs
ICOs, or initial coin offerings, are the new way for companies all over the world to raise money. This is how it is impacting Silicon Valley.
Silicon Valley companies raise more money than companies anywhere else in the world. Companies here raised $26.6 billion in 2017, double the amount of the next U.S. metropolitan area. Likewise, Silicon Valley has more venture capitalists than anywhere else in the world. In fact, many companies make the pilgrimage to Silicon Valley to be closer to VCs, gaining…
Prime Capital launches unit to work with employer retirement plans
Overland Park-based investment financial services firm Prime Capital Investment Advisors LLC launched a spinoff company called Fiduciary Investment Trust LLC, that will work with employer-sponsored retirement plans.
Fiduciary Investment Trust (FIT) will be focused on retirement plan health, particularly getting plan participants financially on track for retirement.
“Increased savings is key for the vast majority of Americans and the only way we know to motivate people to save more is through robust…
Future of business education on display at UT-Austin’s $186M Rowling Hall
MBA students at the University of Texas at Austin will soon have the run of a cutting-edge academic building that can carry them into the fast-moving world of 21st-century business.
The McCombs School of Business on Thursday hosted a grand opening for Robert B. Rowling Hall at the northeast corner of Martin Luther King Jr. Boulevard and Guadalupe Street.
The 497,500-square-foot Rowling Hall will be home to the MBA program as well as the Master of Science in Technology Commercialization program.…
Leawood Capital is raising $25M for fund
Leawood Capital, a strategic growth and transaction consultant, is raising $25 million for its Leawood Capital Mezzanine Fund LP, according to regulatory filings.
Leawood Capital has offices at 5251 W. 116th Place in Leawood. The company set up the Leawood Capital Mezzanine Fund LP in February 2017.
According to the firm's website, the fund will invest in private, closely held companies with consistent cash flow that are expanding but want to limit ownership dilution. Here are other investment…
Charlotte startup scene’s PitchBreakfast looks to expand its impact
Picture this: three to five early-stage companies stand before a group of panelists, ready to pitch their ideas to an audience at Packard Place. It’s not a real investor pitch, but it’s the trial run prior to getting there. The lessons learned in this space just might change the course of Charlotte’s next startup success.
PitchBreakfast has offered a support system for Charlotte’s technology startup scene for the last five years. Founded in 2013 by Vic Howie, what began as TechBreakfast…
Goldman Sachs sets aside billions to invest in private equity firms
Companies are opting to stay private longer rather than file to go public. As a result, buyout firms — supported with a record level of dry powder — expect deal flow to remain robust as it continues to raise funds.
Goldman Sachs Group Inc. wants a piece of the action.
The banking giant has raised $2.5 billion to purchase minority stakes in private-equity firms. Goldman is banking on the fact that this particular class of investor will have a growing influence on these businesses going forward.
News…