The post-wildfire public-private partnership includes at least $100M of private capital and will shape "what L.A. is going to be like for the next 50 or 100 years."

Gavin Newsom announced Tuesday a new private sector initiative to help rebuild Los Angeles following the Los Angeles wildfires. Titled LA Rises, the recovery effort will bring together high-profile leaders around the city including Dodgers Chairman Mark Walter,

California Gov. Gavin Newsom (D) announced a private sector effort entitled “LA Rises” to rebuild Los Angeles communities on Tuesday after days of devastation caused by wildfires.

Led by Magic Johnson, Casey Wasserman and Dodgers Chairman Mark Walter, the mandate is to create "a unified recovery initiative," raise money & recruit others.

California Gov. Gavin Newsom (D) announced a private sector effort entitled “LA Rises” to rebuild Los Angeles communities on Tuesday after days of devastation caused by wildfires. Newsom selected Los Angeles Dodgers Chairman Mark Walter,

Gov. Gavin Newsom will sign legislation Thursday providing $2.5 billion in funding to relief efforts in Los Angeles County, where two massive wildfires killed 28 people and left behind a trail of destruction this month.

Mark Walter Family Foundation and Los Angeles Dodgers Foundation have provided an initial commitment of $100 million.