Ken Griffin’s House Hits 60,000 Square Feet

Ken Griffin’s House Hits 60,000 Square Feet

 

Read original From The Shiny Sheet

Palm Beach resident Ken Griffin today got the official green light to expand slightly the long-and-lean seaside house he wants to build on Billionaires Row, where the hedge-fund billionaire already had earned town approval for a residence stretching more than a football field in length.

The house’s main level increased by almost 4,500 square feet of interior space to just under 38,000 square feet in the revisions unanimously approved by the Architectural Commission. The service basement adds another 22,300 square feet, creating a 60,000-square-foot building.

The house at 1265 S. Ocean Blvd. now measures 476 feet in length — 10½ feet longer […] Read more

Tudor Investment Corp Sells Land To Brunswick School

Tudor Investment Corp Sells Land To Brunswick School

Original article  From Greenwich time

GREENWICH — Hedge fund giant Paul Tudor Jones has confirmed his company’s intention to sell its property on King Street to Brunswick School, a move that could enlarge the private school’s campus by almost half and nearly double its classroom space.

The deal is not official but an agreement in principle has been reached between the school and Tudor Investment Corporation for the 43 acres. A price has not been revealed by the school and is not expected to be announced until the sale is final.

According to Tudor spokesman Patrick Clifford the company expects to move from its offices […] Read more

Welcome Our Official Head Hunting Partner!

Welcome Our Official Head Hunting Partner!

We are pleased to welcome Arbitrage Search as our official head-hunting partner!

Arbitrage Search is a boutique search firm founded in London in 2011. They have recruited for global banks, hedge funds, family offices and consultancies worldwide having placed candidates in London, Paris, NY, Boston and Hong Kong over the past few years. The types of candidates they have recruited include Head of Trading, Head of Research, Latam Strategist, China Analyst, Credit Analyst, Portfolio Manager, Head of Investor Relations. Their hedge fund clients have ranged from $100m to $15bn AuM. They have also helped firms design and build high performing teams […] Read more

David Childs Designed One Flagler Office Tower Planned In West Palm

David Childs Designed One Flagler Office Tower Planned In West Palm

The PBHFA welcomes this development as a significant step forward in turning Palm Beach County into a major financial and hedge fund hub.

read the original article here,,,,

A visionary idea between the Related Companies and the First Church of Christ, Scientist would create jobs, preserve history and shape the future of the city.

West Palm Beach is really positioning itself for smart growth, maintaining quality of life, and job growth”

— Chris Roog, Director of Economic Development, City of West Palm Beach

WEST PALM BEACH, FLORIDA, U.S., July 16, 2017 /EINPresswire.com/ — Tom Crowley, Editorial
South Florida News 11 (SFN11) http://southfloridanews11.comThe Related Companies has a development plan […] Read more

Hedge Funds Go On Offensive

Hedge Funds Go On Offensive

By Matthew Beaton    Read full article here

Hedge funds are written about as a monolith. At best, it’s an industry of personalities; at worst, one of villainous robber barons. Few in the press, much less the public, know about the innovative strategies managers employ to minimize risk, find alpha and maintain low correlations.

Sure, some major shops will get the profile treatment (often for the wrong reasons), but in general, there’s a fundamental disinterest in how managers invest. The strategies are too diverse, the tactics too nuanced, and the public’s demand for information too small for reporters to find and report on them […] Read more

Green Mountain Coffee Billionaire Sells Palm Beach Home

Green Mountain Coffee Billionaire Sells Palm Beach Home

From The Real Deal 

By Katherine Kallergis | June 29, 2017 11:15AM

Coffee magnate Bob Stiller sold his Palm Beach mansion for nearly $13 million, property records show. Stiller, founder of Keurig Green Mountain, sold the 9,435-square-foot, four-bedroom home at 11 Via Vizcaya to a trust managed by Andrew W. Regan, a New York-based real estate attorney. The property was developed in 2009 and includes a pool, a boat dock and frontage on the Intracoastal.

It also has hard wood and marble floors, a guest apartment and a three-car garage. It’s unclear if a Keurig machine was included in the deal. The two-story mansion was […] Read more

The PBHFA Welcomes Our New VP of Development

The PBHFA Welcomes Our New VP of Development

The Palm Beach Hedge Fund Association proudly welcomes Jennie Azoulai as our Vice President of Development.   Jennie brings vast experience in helping organizations reach their full potential.  We look forward to working with her as an active member of our team.

Jennie enjoys nearly two-decades of multi-faceted entrepreneurship, fueled in large part by her robust business development practices. Leveraging her non-linear career path, Jennie brings her collective legal, acting, marketing, public speaking and teaching experiences to the table. As a result, she has her own uniquely creative stamp to apply to each scenario, which results in brand visibility gain.

She strategically […] Read more

Hedge Fund Launches Increase And Capacity Exceeds $3 Trillion

Hedge Fund Launches Increase And Capacity Exceeds $3 Trillion

Good news for the industry.  From Opalesque

Opalesque Industry Update – New hedge fund launches in 1Q 2017 increased for the first time since the first quarter of 2016 as both hedge funds and equity markets gained through the first part of the year, and measures of financial market volatility fell to record lows.

New hedge fund launches totaled 189 in 1Q, up from 153 in the prior quarter, according to the latest HFR Market Microstructure Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Hedge fund liquidations declined narrowly in […] Read more

PBHFA’s Sponsor Castle Ridge Featured In The Economist

PBHFA’s Sponsor Castle Ridge Featured In The Economist

May 25th, 2017– The Economist

MACHINE-LEARNING is beginning to shake up finance. A subset of artificial intelligence (AI) that excels at finding patterns and making predictions, it used to be the preserve of technology firms. The financial industry has jumped on the bandwagon. To cite just a few examples, “heads of machine-learning” can be found at PwC, a consultancy and auditing firm, at JP Morgan Chase, a large bank, and at Man GLG, a hedge-fund manager. From 2019, anyone seeking to become a “chartered financial analyst”, a sought-after distinction in the industry, will need AI expertise to pass his exams.

Despite the […] Read more

PBHFA Hits Washington Post In Pulitzer Prize Winner’s Feature

PBHFA Hits Washington Post In Pulitzer Prize Winner’s Feature

NOTE:  The Pulitizer Prize winning journalist stated I had “no comment” after  interviewing me—   did  I not tell him what he wanted to hear?  I don’t know– but at least the PBHFA got named checked!   Dave Goodboy

 

Politics

At Mar-a-Lago, the star power of the presidency helps charities — and Trump — make more money

By Drew Harwell and David A. Fahrenthold May 13 at 6:25 PM

https://www.washingtonpost.com/politics/at-mar-a-lago-the-star-power-of-the-presidency-helps-charities–and-trump–make-more-money/2017/05/13/e6bf6782-34ca-11e7-b412-62beef8121f7_story.html?utm_term=.5162cdc06bd6

Wall Street also had a sizable presence at Trump’s club. Although the president has contended that “hedge-fund guys are getting away with murder” when it comes to taxes, his club played host to the Palm Beach Hedge […] Read more