Walter (l) co-owns an $85M home in Malibu that the SEC is reportedly interested inGETTY IMAGES
The WALL STREET JOURNAL's Baer & Patrick cite sources as saying that the SEC has "opened an investigation into Guggenheim Partners LLC’s asset-management arm that includes questions" about an $85M home in Malibu, Calif., co-owned by Guggenheim CEO MARK WALTER. Sources said that the SEC has "shown interest in that real-estate transaction and a series of other deals" involving Miami-based ABS Capital Co., which is owned by two former Guggenheim managers. ABS Capital and Walter had "co-invested in the Malibu property." A Guggenheim spokesperson in October said that the real-estate deals "weren’t funded by Guggenheim Partners" (WALL STREET JOURNAL, 4/16).
ON THE UP & UP: The L.A. DAILY NEWS' Tom Hoffarth profiled FS West/San Diego & Prime Ticket Senior VP & GM LINDSAY AMSTUTZ, whose "ambitious drive as a leader in one the country’s largest TV markets has been about creating and facilitating what’s next." Amstutz, who will be recognized as an SBJ/SBD “Forty Under 40” honoree this week, has a "dry wit and soft-spoken approach that allows her actions to speak even louder" (L.A. DAILY NEWS, 4/15).
NAMES: Indians prospect FRANCISCO MEJIA is suing Big League Advance after claiming the company used 'unconscionable' tactics to get him to surrender a substantial stake of his future big-league earnings in exchange for an up-front payment" in '16 (ESPN.com, 4/13)....The 5th Annual Arizona Celebrity Golf Classic at the Whirlwind Golf Club in Chandler, Ariz., benefited The Arians Family Foundation. While totals were "still being counted when they began to tee off," former Cardinals coach BRUCE ARIANS said that they had "already set a record for donations, with estimates of more than $500,000 raised" (ARIZONA REPUBLIC, 4/15)....Jazz Owner GAIL MILLER has released a new book, "COURAGE TO BE YOU: INSPIRING LESSONS FROM AN UNEXPECTED JOURNEY." The book comes across like Miller "chatting about her life and the lessons she's learned" (SALT LAKE TRIBUNE, 4/16).
