Month

May 2015
 From CNBC More than 900 billionaires have been created worldwide over the past two decades, but a new report says the billionaire boom may be about to end. The global wealth wave that has minted most of the world’s billionaires over the past 20 years could be ending in the next decade or two, said...
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From: South Florida Business Journal  Brian Bandell South Florida Business Journal SHARE  Order Reprints  Save Article  Print Enlarge BLOOMBERG Nelson Peltz’s Palm Beach estate is valued at $95 million by the county. Billionaire Nelson Peltz, who owns one of the most expensive mansions in Palm Beach, signed a $23 million mortgage with Bank of America to...
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 From: Sun-Sentinel  Stonegate Bank in Pompano Beach has agreed to open an account for the Cuban government, a move that could speed renewal of diplomatic relations between the U.S. and Cuba. Stonegate executives agreed to provide banking services to Cuba at the request of the U.S. State Department, a source told the Sun Sentinel. Dave...
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Our venture south for our final deal-making event of the 2015 Spring season was a roaring success.  Dozens of hedge fund  and financial professionals mingled, chatted, made deals, reconnected, and forged new friendships during the fun, but all too short event. Our organization is exponentially growing organically and I would like to thank everyone involved...
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Two months after spending $71.2 million on a landmark oceanfront estate in Palm Beach, billionaire hedge funder Paul Tudor Jones II signed a $53.4 million mortgage for his new property, The Real Deal has learned. The home was the last remaining piece of Casa Apava, a historic 11-acre site that was purchased by developer Dwight...
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From CNBC .Taxes are low, slick offices are cheap, there’s easy access to wealthy retirees and Latin American markets, and perks like good schools and ocean-front villas abound—not to mention virtually eternal sunshine. “It’s just a different quality of life,” said Kelly Smallridge, who has been recruiting asset-management firms from the New York area as...
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