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BUSINESS
June 19, 1987
Gen-Probe Inc., a San Diego-based DNA probe technology company, raised $10 million in its fourth round of venture-capital financing, the company said Thursday. Gen-Probe will use the funds to bolster manufacturing capacity and to develop new products, according to Vice President Howard Birndorf. Gen-Probe's new institutional investors are Prudential Venture Capital Management, Inc.; HK Partners, associated with the Horsley Keough Venture Fund; Alex.
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BUSINESS
June 11, 1996 | BARBARA MURPHY
NYLCare, an affiliate of the New York Life Insurance Co., has moved to the Camarillo Business Center after signing a five-year lease valued at $250,000. NYLCare will locate its administrative offices in a 3,190-square-foot site at the business center, 711 Daily Drive. Group Meeker, which was represented by Capital Commercial Real Estate in the lease transaction, owns and manages the freeway frontage building at the center.
BUSINESS
August 15, 2006 | From Bloomberg News
Morgan Stanley hired money managers Kathy O'Connor and Jeff Sanders from New York Life Insurance Co. to expand its mutual fund unit. The pair managed more than $3 billion in stocks at New York Life for institutional clients and rich individuals through funds that invested in companies of all sizes, according to an internal Morgan Stanley memo obtained by Bloomberg News.
BUSINESS
September 3, 2002 | Bloomberg News
Glenborough Realty Trust Inc. paid $75 million for an office building and restaurant complex in La Jolla to add to its office properties in Southern California. The property, known as the Aventine, is in San Diego's University Towne Center financial district. It includes a 217,000-square-foot office building and a 23,000-square-foot restaurant complex, Glenborough said last week. New York Life Insurance Co. and American Express Co.
BUSINESS
March 31, 1989 | Michael Flagg, Times staff writer
Developers plan a seven-story office building, a three-story office building, restaurant, stores and a parking structure in the third phase of Centerpointe La Palma. The developers say tenants have already leased about 404,000 square feet in the La Palma complex's older buildings from the first two phases of construction, or about 90% of the space now available. Major tenants in the office buildings are the Federal Home Loan Bank Board and Prudential Insurance.
CALIFORNIA | LOCAL
August 31, 1999
* Karen Hall has been named a member of the 1999 Executive Council of New York Life Insurance Co. Members of the council rank in the top tier of New York Life's active agents in the United States, based on 1998-99 sales achievement. Hall has been a New York Life agent since 1981 and is associated with its Central Coast General Office in Oxnard.
BUSINESS
April 9, 1996 | BARBARA MURPHY
BPS Healthcare has entered into an agreement to acquire a Los Angeles-based health maintenance organization as part of a plan to expand its coverage into Ventura County. The acquisition of VivaHealth Plan is subject to the approval of the California Department of Corporations. BPS Healthcare (formerly Benefit Panel Services) is a 210,000-member managed-care company that offers preferred provider organization and exclusive provider organization services to employers throughout California.
CALIFORNIA | LOCAL
February 20, 1993 | RENE LYNCH, TIMES STAFF WRITER
A Fontana man was charged Friday with gunning down a relative in the parking lot of an Irvine business complex after a dispute, police and prosecutors said. Aramis Jaranilla, 46, is scheduled to be arraigned Monday in Municipal Court in Newport Beach on a charge of murder and using a gun stemming from the Wednesday afternoon slaying of Willie Uy Jr., 34, said Deputy Dist. Atty. Randolph J. Pawloski.
BUSINESS
November 2, 1988 | From Associated Press
Troubled Maxicare Health Plans Inc. of Los Angeles said it had agreed to sell health maintenance organizations in Texas, New York and New Jersey to a subsidiary of New York Life Insurance Co. for $14 million. Maxicare, which is saddled with $474 million in debt accumulated during an ambitious expansion in the early 1980s, announced the agreement Tuesday and said the money would be used to help pay claims in its health plans. Sanus Corp.
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