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

What It Is Really Like To Raise Capital

What It Is Really Like To Raise Capital

Although this article is focused on start-ups and VC capital, the insights are very applicable to the hedge fund and alternative asset capital raising.    Many of us have experienced exactly what the”Biotech Rebel” has faced.     Enjoy!!    Dave

 

From CNBC 

 

Biotech rebel’: Here’s what it’s really like to raise money in Silicon Valley

So-called biotech rebel Ethan Perlstein describes fundraising as a whole lot of rejections and “crippling self-doubt,” but he got through it.
Here are the three biggest lessons he learned.

Ethan Perlstein

Published 4 Hours Ago  Updated 3 Hours AgoCNBC.com

 

the birth of a start-up is greeted with fanfare and expectation. As a culture, […] Read more

Miami’s Venture City Launches $100 Million Start-Up Fund

Miami’s Venture City Launches $100 Million Start-Up Fund

We are thrilled to see Miami’s theventure.city launch a $100 million start up fund for technology companies.  Thanks to  South Florida becoming a critical global financial hub.  Bravo to Clara Bullrich &  Laura González-Estéfani founders of  theventure.city !!!

By<NANCY DAHLBERG

ndahlberg@miamiherald.com

NOVEMBER 01, 2017 6:00 AM

From The Miami Herald

This summer, when former executives of Facebook, Google, eBay and other hyper-growth companies formed a global “city” based in Miami with everything a tech startup needs to scale internationally, they were missing one key element: the money.

But not anymore.

The founder and CEO of TheVentureCity, Laura González-Estéfani, former director of international business development and mobile partnerships for Facebook, […] Read more

Hedge Fund Managers Need To Think Like Amazon

Hedge Fund Managers Need To Think Like Amazon

From FinAlternatives

Oct 24 2017 | 5:56pm ET

Editor’s note: Hedge fund managers need to understand the expectations of today’s Amazon-conditioned consumers if they want to grow their businesses, explains Harvest co-founder and CEO Peter Hans in this contributed article. Change is often a four-letter word at many alternative investment managers, but those who fail to adopt a more customer-centric model risk being eclipsed by a select group of managers who can deliver a superior experience.

Hedge Fund Managers Have To Think Like Amazon
By Peter Hans, Co-Founder & CEO, Harvest

Hedge fund managers looking to grow their businesses need to embrace the expectations of today’s Amazon-conditioned consumers – […] Read more

West Palm’s Flagler Shore Project: Anti-Business?

West Palm’s Flagler Shore Project: Anti-Business?

The Palm Beach Hedge Fund Association Is Named Dropped in this Interesting Article…

Many Thanks To Alexandra Clough and Palm Beach Post

Posted: 12:07 p.m. Monday, October 16, 2017By Alexandra Clough – Palm Beach Post Staff WriterRead original here: http://www.mypalmbeachpost.com/business/west-palm-beach-flagler-shore-experiment-called-anti-business/P8rBdkdrKKxQT0hEZe1BxK/

On a top floor of West Palm Beach’s Phillips Point office tower, the offices are plush and the water views divine.

But down on the street below, cones now block off the eastern lanes of Flagler Drive, baffling Dennis Hammond, chief executive of SandPointe Asset Management, which leases the penthouse office.

On Oct. 7, the city blocked off the eastern lanes going north on Flagler Drive, from Banyan Boulevard on the north to […] Read more

Palm Beach County Makes Case As Home For Hedge Funds

Palm Beach County Makes Case As Home For Hedge Funds

Palm Beach County makes case as home for hedge fund firms

 

By Alexandra Clough – Palm Beach Post Staff Writer

Hedge fund heaven?

 

see original here http://www.mypalmbeachpost.com/business/palm-beach-county-makes-case-home-for-hedge-fund-firms/JKOpjpZYfcDJdFrYb8nfQI/

Four years ago, five people got together at E.R. Bradley ’s Saloon in West Palm Beach to create a new group, the Palm Beach Hedge Fund Association.

Today the group boasts 1,560 members from Jupiter to Miami and continues to grow, said David Goodboy, the association’s founder. The state’s low tax environment and warm weather increasingly are drawing firms to the area, and the trend shows no signs of slowing, Goodboy said.

On Oct. 5, about 118 attendees mingled at SandPointe Asset Management’s offices in West Palm Beach, discussing […] Read more

An Incredible Season Kick Off Party!!!

An Incredible Season Kick Off Party!!!

A fantastic time was experienced by all at our 2017/2018 Season Kick Off Social and Educational Event on October 5th.   The monsoon like rains did little to dampen the mood on the 18th floor of 777 Flagler.  Sincere thanks go out to our sponsor host Sandpointe Asset Management.  Their team went above and beyond our expectations to make everyone feel comfortable and well provisened with food/drink for the event.  New strategies and market ideas were learned, many friendships formed, and several deals were launched among our members.   I can’t wait for our next event!!

We are excitedly looking forward to meeting […] Read more

Hedge Funder Dan Floersheimer Buys Palm Beach Contemporary

Hedge Funder Dan Floersheimer Buys Palm Beach Contemporary

By Amanda Rabines  From: The Real Deal

Dan Floersheimer, president of Greenwich, Connecticut-based hedge fund and private equity firm Augmentum Advisors, just paid $8.75 million for a Palm Beach home, property records show.

The 5,265-square-foot, contemporary home at 125 Chateaux Drive traded for about $1,662 per square foot. The hedge funder bought the home through a trust in his name.

Records show art collector couple Marvin and Baylie Rosenberg sold the house. Baylie, an agent with One Sotheby’s International Realty, had the listing – along with One Sotheby’s International Realty’s Cristina Condon.

The home first hit the market in 2015 and was listed for as high as […] Read more

Congratulations To Sandpointe !

Congratulations To Sandpointe !

Native West Palm Beach Hedge Fund, Sandpointe, has surpassed $116 million in AUM and $150 million in commitments.    We have watched this homegrown fund with a noble cause grow from little more than a dream to a thriving, successful enterprise in a very short time frame.   We are anticipating additional greatness from Dennis, Alex and the team at Sandpointe.  Congratulations for a job well done!!

 

Contact
Alex Hammond
Telephone
561-501-1100
Email
arhammond@sandpointe.com
Website
www.sandpointe.com

FOR IMMEDIATE RELEASE
August 1, 2017
SANDPOINTE ASSET MGMT EXCEEDS $150 MILLION IN COMMITMENTS
Soft Close Expected At $200 Million
West Palm Beach, FL, August 1, 2017 – SandPointe Asset Management is pleased to announce firm assets
under […] Read more