Michael Schwartz

Michael Schwartz is the editor of Richmond BizSense, and covers banking, lawsuits, finance, M&A and golf. He can be reached at [email protected] or 804-855-1037.

Local private equity firm aims for new $75M fund

Fresh off a new investment, a local private equity firm has begun to line up its second pool of cash, this time shooting for a fund nearly three times the size of its first one.

Former Union Bank CEO back in the game

Billy Beale has stepped back into a chief executive role – this time to help right the ship at a struggling Midlothian-based institution.

Accounting firm, several others dismissed from Thalhimer ESOP case

thalhimer sign

Several defendants, including one of Richmond’s biggest accounting firms, have shaken loose from a legal battle between Thalhimer and a scorned former employee. Meanwhile, the remaining defendants have begun to chip away at pieces of the lawsuit filed against the Henrico-based real estate firm’s top executives by Steven Brincefield, the company’s retired longtime head of… Read more »

Collegiate grad’s West Coast tech firm puts down roots in Richmond

Last year, when San Francisco-based StreetLight Data needed an east coast hub, founder and CEO Laura Schewel looked to the familiar territory of her home town. Now, after a year of having her employees here work in a coworking space on Broad Street and fresh off a $10 million capital raise, the Richmond native and… Read more »

Topgolf tees off construction on $25M Westwood range

With heavy machinery already tearing up earth in the background, a fast-growing chain of golf entertainment complexes ceremoniously broke ground Wednesday on its first Richmond-area location.