A New Kind Of GP Stake Deal: Billionaire-Backed Nile Capital Takes Minority Stake In VC Firm Wilshire Lane Capital
Emerging property technology-focused venture capital firm Wilshire Lane Capital is selling a minority stake to Nile Capital, a firm dedicated to capitalizing diverse-led investment firms. Nile Capital itself is backed by José E. Feliciano and Kwanza Jones through their SUPERCHARGED Initiative.
Read MoreBoxUnion Acquires TITLE Boxing Club to Form Nation’s Premier Omni-Channel Fitness Brand
Combined Company will be Leading Boutique Boxing Franchise with 166 Clubs and More than 65K Members and Digital Subscribers.
Read MorePrimeSource Sold to Different Private Investment Firm
The building materials distributor’s ownership changes hands from Platinum Equity to Clearlake Capital Group. Source: Industrial Distribution LOS ANGELES, CA, SANTA MONICA, CA AND IRVING, TX — Platinum Equity announced Friday the signing of a definitive agreement to sell PriSo Holding Corporation (PrimeSource) to Clearlake Capital Group, L.P. Terms of the transaction were not disclosed.…
Read MoreKwanza Jones on Supercharging Entrepreneurs and Investors
Source: Switch The Future Kwanza Jones is many things: an investor, a venture capitalist, a CEO, and an artist; but most importantly, Jones is a “catalyst.” She makes it her business to energize and empower others. Since 2014, Jones has been the co-founder and CEO of the Kwanza Jones & José E. Feliciano SUPERCHARGED Initiative, a…
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