BANKING/FINANCE
- Share via
The web of subsidiaries under Pacific Mutual Life Insurance in Newport Beach has grown by one with the creation of Cadence Capital Management, which will manage two stock portfolios.
One portfolio managed by Cadence Capital, based in Boston, invests in companies worth $100 million or more, based on the market value of their stock, and the other invests in companies worth $50 million to $500 million.
Cadence, a direct subsidiary of Pacific Financial Asset Management Corp., put $20 million into the two portfolios.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
