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News : Private Equity Investment Firm Closing 170-worker Scottsdale Offices
Scottsdale, AZ, May 19, 2015 -- An international investment and private equity firm is closing its Scottsdale offices and call center.
The closure impacts 173 Scottsdale workers.
Los Angeles-based Capital Group Cos. has reported its Scottsdale office closure and the job cuts to the state of Arizona. The office is located near Kierland Commons on Scottsdale Road.
Capital Group spokeswoman Amy Friend confirmed the Scottsdale office closure. She said the company didn’t renew its lease, which expires in August.
Posted by Veronica Silva Cusi, news correspondent
Today's Tip of the Day - Understand Your Business
About Capital Group Cos.:
Capital Group is one of the world’s largest investment management organizations with assets of around one trillion USD under management.
Published: Monday, May 25, 2015