At 32, Howard Warren Buffett, the grandson of the Berkshire Hathaway founder Warren E. Buffett, has already enjoyed a diverse career.
He teaches at Columbia University, runs a farm in Nebraska, previously oversaw his family’s foundation and worked on economic redevelopment efforts in Afghanistan for the Defense Department.
So far, however, he has steered clear of the private sector investing that made his family’s famous name and enormous fortune.
Now, that is changing. Mr. Buffett has co-founded a permanently capitalized operating company with big ambitions — essentially mimicking the structure of Berkshire Hathaway, the $328 billion conglomerate that owns everything from railways to candy makers.
Although his grandfath...Read more
Posted on 11/19/2015 at 12:00:00 AM
The historic PacMutual center was sold for $200 million on Wednesday, capping a profitable turnaround for what was once a second-tier office complex in downtown Los Angeles.
Rising Realty Partners made over the Beaux Arts-style building from a lower-rent alternative for conventional white-collar firms into a preferred address for businesses in creative fields such as technology and entertainment. It acquired the property at 6th and Olive streets for $60 million in 2012.
The Los Angeles developer exposed the century-old bones of the building by removing "improvements" made in the decades after World War II. Drywall, dropped ceilings and carpet were yanked out to reveal brick walls, concrete floors and even some windows that had been co...Read more
Posted on 09/16/2015 at 07:24:00 AM
NEW YORK—Threat Pattern, a company composed of former leaders from the United States intelligence community, announced today that Michael Sulick, former Director of the United States Central Intelligence Agency National Clandestine Service, has been named Senior Partner.
For over 30 years, Sulick coordinated espionage activities for the US intelligence community and managed global covert operations on terrorism, weapons proliferation, and regional and country-specific issues. He served as Chief of CIA counterintelligence, Chief of CIA Central Asia Division, and the senior CIA representative in Russia and Eastern Europe. Sulick also authored both Spying in America: Espionage from the Revolutionary War to the Dawn of the Cold War ...Read more
Posted on 04/01/2015 at 09:19:48 AM
From left to right: Joe Kaeser (CEO of Siemens AG), J. Todd Morley (Founder, Chairman and CEO of G2 Investment Group LLC), Gisbert Rühl (CEO of Klöckner & Co SE)
Posted on 11/28/2014 at 12:00:00 AM
It was doing the maths on Warren Buffett that made Todd Morley believe traditional private equity funds and hedge funds might be in trouble.
Mr Morley, the well-connected co-founder of investment group Guggenheim Partners, has been building up his new venture, G2 Investment Group, in recent months with partnership deals in Californian real estate and Canadian oil and gas – based on the theory that sophisticated investors want direct ownership stakes in these assets rather than pooling their money in high-fee funds.
On the heels of a tie-up with the Los Angeles property developer Nelson Rising, G2 has begun investing with Canadian oil and gas financier Rick Grafton to take advantage of what they say are wildly underpriced energy ass...Read more
Posted on 06/16/2014 at 01:00:00 AM
With an anticipated initial raise of $3 billion, RRMB will give investors access to multiple real estate product types in coastal California
Los Angeles, CA (April 25, 2014): Rising Realty Partners and G2 Investment Group announced today the formation of Rising Realty Merchant Bank (RRMB) which will provide global investors the opportunity to invest in multiple real estate product types throughout coastal California. The leadership of RRMB includes two nationally recognized leaders in real estate and finance: Nelson Rising and J. Todd Morley. The private venture anticipates raising $3 billion initially.
RRMB will initially focus on real estate opportunities within coastal California, a strength for Rising Realty Partners given the experi...Read more
Posted on 04/25/2014 at 10:00:00 AM
G2 partner Rick Grafton, CEO of Grafton Asset Management, featured at the 2013 Milken Institute Global Conference on the panel “Energy Infrastructure: Getting New Supply to Market Faster”.
Unconventional oil and gas deposits, as well as solar parks and wind farms, are making sizable contributions to the U.S. energy supply. However, these new sources may be located far from demand centers, and the transport infrastructure may be insufficient to get them there.
Posted on 05/02/2013 at 12:00:00 AM
G2 Chairman & CEO, Todd Morley, quoted in U.S. News & World Report article on highlights from 2013 Milken Institute Global Conference.
Posted on 05/02/2013 at 12:00:00 AM