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

PBHFA Director Published In Journal of Big Data !

PBHFA Director Published In Journal of Big Data !

We are thrilled to announce PBHFA’s director Anna Pomeranets PhD published in the Journal of Big Data:

 

Big Data: Deep Learning for financial sentiment analysis

https://link.springer.com/article/10.1186/s40537-017-0111-6

 

 

Deep Learning and Big Data analytics are two focal points of data science. Deep Learning models have achieved remarkable results in speech recognition and computer vision in recent years. Big Data is important for organizations that need to collect a huge amount of data like a social network and one of the greatest assets to use Deep Learning is analyzing a massive amount of data (Big Data). This advantage makes Deep Learning as a valuable tool for […] Read more

Ken Griffin Super Sizes Mega Mansion

Ken Griffin Super Sizes Mega Mansion

From The Shiny Sheet

Billionaire Ken Griffin set to expand his sizable Palm Beach estate

REAL-ESTATE

 

Chicago hedge-fund billionaire Ken Griffin’s already massive seaside estateunder construction on the South End is getting even bigger.

The Architectural Commission Wednesday reviewed plans that would add a 1.6-acre property at 10 Blossom Way to the 12 acres of contiguous land Griffin already owns at 1265 S. Ocean Blvd., about a quarter-mile south of President Donald Trump’s Mar-a-Lago. Add in a non-contiguous house he owns on Blossom Way, and his total land holdings in the area will total 15.13 acres.

With the addition of the property at […] 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

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

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