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
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
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
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
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
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
A fun time was had by all at our May 11 meet & greet, deal making social. We learned about the first new condo development on Palm Beach in over a decade, networked, talked and made deals, rekindled friendships and made new connections all while enjoying world-class sushi and sipping excellent wine.
We would like to thank Douglas Elliman, 3550 South Ocean, and ddg for making it all possible!
Here are a few photos from the evening:
[…] Read more
Our April deal making, networking, friendship forging and educational event was a huge success! We would like to thank the Vitorria family for opening their lovely home to our members. The ambiance, food, drink, and company was first class. A few photos of the wonderful evening!!
[…] Read more
On Friday May 24th 2017, Palm Beach Hedge Fund Association’s premium members were treated to an exclusive yacht party aboard the 147′ M3. The boat was built in 2002 and refitted in 2016. The yacht’s interior was designed by Daniella Speicht and her exterior styling is by Intermarine.
Our sincere thanks to major sponsors Roger Dubuis and Ocean Independence for welcoming our members to their incredible event.
[…] Read more
By Leah McGrath Goodman
PBHFA Founder David Goodboy Featured in Newsweek Article
he night I flew into West Palm Beach, a string of deadly tornadoes ripped across Florida. High winds pounded surf against jagged coastline and whipsawed the 100-foot-tall trees along Royal Palm Way—what locals call Bankers’ Row.
It was just a few days after Donald Trump’s inauguration. A couple of miles down the road, seemingly oblivious to the approaching storm, hundreds of revelers packed Mar-a-Lago, the Great Gatsby–esque private resort Trump has dubbed his “Winter White House,” to fete their new king. The private event, attended by Palm Beach’s billionaires, entrepreneurs and […] Read more