April 26th–Ultra Luxury Deal Making Soiree: SOLD OUT!!!!

 

SOLD OUT!!!   AT CAPACITY!

 

Together with media partner SuperyachtOne, The Palm Beach Hedge Fund Association is thrilled to announce our April Deal Making, Networking Soiree!!!

Sponsored by Arbitrage Search with automobiles provided by Lamborghini—–  PBHFA’s  April deal making meet & greet social promises to be one of friendship, education, and luxury,

Mingle with the PBHFA at an exclusive high tech, waterfront luxury villa on April 26th.

MEMBERS ONLY—  RSVP’s SOON !!  CAPACITY CONSTRAINED

Drinks from Oak & Cane and Hor d’oueves will be served.

 

 

 

 

 

 

 

[…] Read more

DRI Fund Purchases $9 Million Of Non-Performing Loans

DRI Fund Purchases $9 Million Of Non-Performing Loans

PBHFA Founder Dave Goodboy quoted in the article.

 

 

WEST PALM BEACH, FL, April 04, 2018 /24-7PressRelease/ — DRI Fund (“DRI”), is an investment firm with a unique social impact approach.

DRI 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 […] Read more

Palm Beach Ranks 2nd On “Power Market” Rich List

Palm Beach Ranks 2nd On “Power Market” Rich List

From Businesses Insider   By 

 

Tanza Loudenback
 

 

Feb. 24, 2018, 12:30 PM
 186,863

Palm Beach ranks second in “Power Markets” of the wealthy.  Second only to Manhattan, Palm Beach continues to shine as a leading domicile.

Luxury real estate“power markets” are the places where rich people spend the most money, says a new report from Coldwell Banker.
Rich people flock to power markets for the best in luxury real estate, lifestyle, and culture.
Power markets in the US are places where the top 5% of home sales by price is the highest.

Location is paramount when money is no object, whether a home is steps from the beach, tucked in the […] Read more

A Fantastic Evening WIth Spicer Jeffries & Cryptocurrency Expert Panel

A Fantastic Evening WIth Spicer Jeffries & Cryptocurrency Expert Panel

Our March 22, meet & greet, deal-making social was a tremendous success!  Our sponsor Spicer Jeffries assembled

a top-notch cryptocurrency expert panel who deftly answered many audience questions and bantered among themselves about what to expect in the volatile world of digital assets.   We learned a tremendous amount about this soon to be leading financial creation.

A wide swath of the South Florida alternative financial community was represented.  Hedge fund managers and quants mingled with investors, technologists, venture capitalists and digital asset experts among many others.

We learned of several pending financial deals,  an employment connection, and investments were discussed in a lively […] Read more

February 26th–28th 2018: Miami Blockchain & Capital Markets Conference

 

We are thrilled to partner with Alternative Assets & CEO Golf Club to bring you The Miami Blockchain & Capital Markets Conference on February 26-28th at Doral National.

The conference is free for accredited investors.

We suggest Accredited Investors make a min $299 tax-deductible donation to Child Life Society, the Venue Sponsor:

Child Life Society, a registered 501 (c) 3 Charity, provides desperately needed medical equipment, vitamins and food supplements, home care assistance and emotional support. Child Life Society also subsidizes therapeutic respite trips for CF patients to Key West, FL, where the pristine and salty aquatic climate helps ease breathing difficulties, rejuvenate and significantly reduce […] 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

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

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

November 16th: Deal Making, Meet & Greet Social- 100% SOLD OUT!

AT CAPACITY

Our November Meet & Greet Deal Making Social will be held on November 16 from 6-8 PM at the Renaissance Boca Raton Hotel, 2000 NW 19th St, Boca Raton, FL 33431.

Sponsored by Integrated Solutions, the evening promises to one full of friendship forging, deal making, and connecting with your associates and colleagues.

Business casual dress, open bar and hors d’Oeuvres will be served.

INVITATION ONLY, CAPACITY CONSTRAINED

Members: Invites will go out soon.

See you there!!

 

 

[…] 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