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

The Top 100 Hedge Funds

The Top 100 Hedge Funds

Read original here: Barron’s

By

LAWRENCE C. STRAUSS AND ERIC UHLFELDER

The winner of Barron’s Penta’s 2017 ranking of the Top 100 Hedge Funds doesn’t tick a lot of the boxes for the typical big investor. There’s one mark, however, that would catch any investor’s eye: performance.

Amid wildly erratic hedge fund results, our victor, Madrid-based Alantra Asset Management’s $390 million EQMC Europe Development Capital fund (Class A), posted a 26% annualized return net of expenses from 2014 through 2016. In contrast, the average hedge fund’s annualized three-year return didn’t quite reach 3% in that time, according to BarclayHedge’s return database. EQMC’s gains were nearly […] Read more

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