About Staff

This author has not yet written his bio.
Meanwhile let's just say that we are proud Staff contributed with 153 entries.

Entries by Staff

Convergence Investment Partners Relocates To Palm Beach !!

Convergence Investment Partners Relocates To Palm Beach !!

The Business Development Board  (BDB) is pleased to announce Convergence Investment Partners is relocating from Grafton, Wisconsin to the city of Palm Beach Gardens.  The company has leased 2,400 square feet of space at 3801 PGA Boulevard for their new headquarters, where they plan to employ 10 professionals.  The BDB has been facilitating this relocation since 2016.  Christopher Smith and Jason Sundook of NAI Merin Hunter Codman, represented Convergence while Tara England and Mark Pateman of Cushman & Wakefield represented the owners of 3801 PGA Blvd.

“As an investment manager, there were several key attributes which led us to choosing Palm Beach County […] Read more

Palm Beach’s HIghest Property Taxes

Palm Beach’s HIghest Property Taxes

33480 has  51 residential properties paying over $500,000 annually in property taxes.  This article from The Real Deal outlines who pays what and where.

 

Who pays the most property taxes in Palm Beach?

Citadel founder Ken Griffin is No. 1. His nearly $250 million assemblage in the South Ocean Boulevard corridor generated $3.66 million in property taxes this year.

That’s according to an analysis of new tax rolls in Palm Beach by the Palm Beach Daily News. Griffin’s estate includes 1290 South Ocean Boulevard (also known as 1265 South Ocean Boulevard), 70 Blossom Way, and 1285 South Ocean Boulevad

–– ADVERTISEMENT ––

A record number of 51 Palm […] Read more

Extraordinary Evening Aboard Eternity (SLIDESHOW)

Extraordinary Evening Aboard Eternity (SLIDESHOW)

What an extraordinary evening onboard M/Y Eternity!  Our November social was better than we ever expected as PBHFA members and guests mingled in the ultimate luxury aboard a superyacht.   Members were treated to an array of luxurious food, drink and ambiance as deals and the economy were discussed.  Venture capitalists interfaced with cutting-edge opportunities as hedge fund and money managers chatted with a variety of UHNW investors and market professionals.

I am aware of several pending deals, multiple friendships forged, and many peers reunited during the evening.   Heartfelt thanks go out to our generous luxury sponsors for the evening   Burgess Yachts, Codecasa, […] Read more

The PBHFA Forms A Strategic Partnership With Brightline !

The PBHFA Forms A Strategic Partnership With Brightline !

We are thrilled to announce a strategic partnership with Brightline.   Owned by Fortress Investment Group, not only does Brightline eliminate the hassles of commuting between West Palm Beach, Ft. Lauderdale, and Miami, but it is a great way to network.  Every time I have traveled via Brightline, I have met very interesting and influential people on board.  It’s more like private jet travel, in this regard than a commuter train!  I highly recommend the service to everyone.  DSG

The Palm Beach Hedge Fund Association Partners with Brightline
The Palm Beach Hedge Fund Association (PBHFA) is thrilled to announce a strategic partnership with […] Read more

Bridge Investment Group Moves On Opportunity Zones

Bridge Investment Group Moves On Opportunity Zones

FROM: The Real Deal

By Keith Larsen | October 18, 2018 

 

 

A $12 billion real estate investment and management firm is the latest player looking to capitalize on the Opportunity Zones tax incentive development program.

Salt Lake City-based Bridge Investment Group will launch what it’s calling an Opportunity Zones initiative, targeting $500 million in “attractive opportunities” across the U.S.

The Opportunity Zones plan, part of President Trump’s tax overhaul, gives tax incentives to developers and investors for building in low-income areas. There are over 8,700 designated Opportunity Zones across nationwide.

Firms have already set their sights on the possible investment opportunities, and are looking to pour big money into these […] Read more

PBHFA’s Spectacular Bankers Row Rooftop Social ! (Slide Show )

PBHFA’s Spectacular Bankers Row Rooftop Social ! (Slide Show )

Our Season Kick-Off Social with First Republic Bank was spectacular!!  Held on a private and very exclusive rooftop on Palm Beach’s iconic banker’s row, the event featured world-class catering, open bars, and unbelievable ambiance with the who’s who of Palm Beach and South Florida hedge fund and financial community.   Many friendships were formed, deals ignited, and colleagues reunited with investors and the Palm Beach Hedge Fund Association.

Making the evening extremely valuable for all of us was the top-notch presentation by the PM & Head of Manager Research Michael Halper from ABS Investment Management, a $6 billion capital allocator and Sean Flynn SVP of […] Read more

A Few Photos From PBHFA’s Cryptocurrency Panel !!

A Few Photos From PBHFA’s Cryptocurrency Panel !!

What an incredible evening with Venture Cafe Miami!  We had a full house and learned many new things from our esteemed panelists.  We would like to personally thank Samir Patel, Gunther Sonnenfeld, Eryka Gemma, Garrett Goggins, Kyle Forkey , and Dave Goodboy for participating.  Also a very special thanks to Liza Benkovitz and the Venture Cafe Miami for their superb hospitality and organization help for the event.  Looking forward to working with VCMiami again soon!!

Here is a photo slideshow of the event ENJOY !!!

[…] Read more

Investors Confident In Hedge Fund Returns

Investors Confident In Hedge Fund Returns

From HedgeWeek  

By Amy Bensted

 

Some hedge fund bullish news we love to see!  DSG

According to Preqin’s latest survey of alternative assets investors, 45 per cent of institutional investors allocate to hedge funds, with the majority of investors reporting satisfaction with the performance of the asset class.

In June 2018, two- thirds of investors found that hedge fund performance had met or exceeded expectations over the past 12 months, including 16 per cent which found that performance had exceeded expectations. This marks a significant switch in sentiment from June 2016, when 79 per cent of investors felt that hedge fund performance had fallen […] Read more

Investment Banker Richard L. Golden Buys Bristol Condo

Investment Banker Richard L. Golden Buys Bristol Condo

Retired investment banker Richard L. Golden set a new price record for West Palm Beach condos with his purchase of a $10.4 million unit in the ultra-luxury property, The Bristol.

Raymond L. Golden, chairman emeritus of BT Wolfensohn, launched the first part of his investment-banking career at Salomon Brothers, where he retired in 1987 as executive vice president of finance and administration. The Goldens and their family foundation actively supported the Jewish Federation of Palm Beach County. He also has held leadership positions with the World Wildlife Federation.

 

The PBHFA takes great pride in being part of the launch of the Bristol […] Read more