Halite Partners Opens Palm Beach Office

Halite Partners Opens Palm Beach Office

 

We are thrilled to see another investment adviser firm opening an office in Palm Beach.  Welcome!!!

Halite Partners (“Halite”), an SEC registered investment adviser, today announced the appointments of Kevin Kale to Director of Business Development and Nicci Harrell Hicks to Director of Wealth Services. These new hires demonstrate Halite’s ability to attract the top talent to provide best-in-class solutions and services through a transformative model. In addition to the appointments, Halite officially opened its office in Florida.

“Halite is committed to providing our clients with top-tier, investment management and wealth planning services,” said Phil Shaffer, Halite’s founder and CEO. “Kevin and […] Read more

PBHFA Name Checked In Associated Press Article

PBHFA Name Checked In Associated Press Article

Thank you to our PR firm and board member,  Jonathan Beaton for managing the agenda-driven reporter in this global news story. Here it is as published on CBS Money Watch.

 

Book Trump? Interest groups press case at his properties

 

Last Updated Feb 22, 2018 10:36 AM EST

E-cigarette makers got a delay in federal oversight of many vaping products. Payday lenders got regulators to rethink rules on how closely to vet borrowers. Candy makers praised a decision to hold off on tougher labeling standards. And title insurers declared “victory” for getting changes that benefited them in the tax overhaul.

What do all these American […] Read more

PBHFA Founder Quoted In Alpha Week

PBHFA Founder Quoted In Alpha Week

https://www.alpha-week.com/news/impact-investment-fund-acquires-millions-non-performing-loans

5 February 2018   AlphaWeek Staff     

DRI Fund recently brought in more than $9 million in unpaid principal balance of non-performing loans to assist residents in low and moderate income communities with housing preservation and a path to homeownership.

As an impact investment manager, DRI is also certified by the U.S. Department of Treasury as a Community Development Financial Institution (“CDFI”). CDFIs are mission-driven financial institutions dedicated to providing financial services that meet the needs of underserved communities.

DRI secured the $9.3 million UPB in single-family, non-performing loans with an average loan size of $221,970.40, delinquency of 5 years, note rate at 5.395% and loan-to-value […] Read more

PBHFA Director Published In Journal of Big Data !

PBHFA Director Published In Journal of Big Data !

We are thrilled to announce PBHFA’s director Anna Pomeranets PhD published in the Journal of Big Data:

 

Big Data: Deep Learning for financial sentiment analysis

https://link.springer.com/article/10.1186/s40537-017-0111-6

 

 

Deep Learning and Big Data analytics are two focal points of data science. Deep Learning models have achieved remarkable results in speech recognition and computer vision in recent years. Big Data is important for organizations that need to collect a huge amount of data like a social network and one of the greatest assets to use Deep Learning is analyzing a massive amount of data (Big Data). This advantage makes Deep Learning as a valuable tool for […] Read more

BattleFin Discovery Day: Another Great Event!

BattleFin Discovery Day: Another Great Event!

We attended BattleFin’s Discovery Day Miami, focused on Alternative Data, and once again BattleFin knocked it out of the park in terms of quality and unique insights.  You just can’t find this information anywhere else in such a easy to digest and professional format.     Bravo to BattleFin!

 

[…] Read more

Ken Griffin Super Sizes Mega Mansion

Ken Griffin Super Sizes Mega Mansion

From The Shiny Sheet

Billionaire Ken Griffin set to expand his sizable Palm Beach estate

REAL-ESTATE

 

Chicago hedge-fund billionaire Ken Griffin’s already massive seaside estateunder construction on the South End is getting even bigger.

The Architectural Commission Wednesday reviewed plans that would add a 1.6-acre property at 10 Blossom Way to the 12 acres of contiguous land Griffin already owns at 1265 S. Ocean Blvd., about a quarter-mile south of President Donald Trump’s Mar-a-Lago. Add in a non-contiguous house he owns on Blossom Way, and his total land holdings in the area will total 15.13 acres.

With the addition of the property at […] Read more

Agecroft’s Top 10 Hedge Fund Trends For 2018

Agecroft’s Top 10 Hedge Fund Trends For 2018

 

By Donald Steinbrugge

A very insighful and timely article from Agecroft

Hedge fund industry assets to reach an all-time high in 2018 for the 10th year in a rowEach year, Agecroft Partners predicts the top hedge fund industry trends stemming from our contact with more than two thousand institutional investors and hundreds of hedge fund organizations. The hedge fund industry is dynamic, and participants are best served by anticipating, rather than reacting to, change. Below are Agecroft’s 9th annual predictions for the biggest trends in the hedge fund industry for 2018.

Despite the plethora of negative articles about the hedge fund industry, hedge […] Read more

Tudor Jones Closing Macro Fund

Tudor Jones Closing Macro Fund

Big change coming in macro trading– Paul Tudor Jones

From Bloomberg

November 30, 2017, 10:52 PM EST Updated on December 1, 2017, 8:55 AM EST

By Hema Parmar

Paul Tudor Jones is shaking up his hedge fund, which has been battered by investor withdrawals.

 Tudor Investment Corp. is closing its Discretionary Macro fund and letting investors shift assets to the main BVI fund as of Jan. 1, according to an investor letter seen by Bloomberg News. Jones will also principally manage Tudor’s flagship BVI fund, which will be the firm’s only multi-trader fund next year, the Nov. 30 letter said.
 

Andrew Bound and Aadarsh Malde, who were co-chief […] Read more

Photos From Our Boca Raton Deal Making Social !!

Photos From Our Boca Raton Deal Making Social !!

We had a great turnout for our November 16th Deal Making Social  in Boca Raton!  Generously sponsored by Integrated Solutions, our members mingled, networked, forged and reignited friendships, made deals, and connected with the South Florida hedge fund and alternative asset community.

Despite the very inclement weather, a wide variety of investment professionals and accredited investors attended.  Everyone from a San Francisco based crypto currency fund manager and a unique hedge fund finding alpha in Broadway plays  to global macro traders and market timers connected with defaulted Sovereign debt purchasers to institutional bond traders.    It was a wonderfully diverse group […] Read more

Palm Beach Hedge Fundee Donates $125 Million to University of Chicago

Palm Beach Hedge Fundee Donates $125 Million to University of Chicago

Way to go, Ken !!

 

BY Sharon Donnelly– Palm Beach Daily News

 

In academia, there are the guys who teach economics, theorize economics, write economics and win Nobel Prizes in economics, and then there’s the guy who strides in, slaps a horse gagger on the table and shows what real money is.

That guy is Ken Griffin.

The University of Chicago has announced that the seasonal Palm Beach resident is the donor of $125 million, earmarked for the Department of Economics. It brings Griffin’s total support of the department to $150 million and is the second-largest gift in the school’s history.

That’s right, second-largest. The first is $300 million […] Read more