Palm Beach Hedgee Forecasts Dow 30,000

Palm Beach Hedgee Forecasts Dow 30,000

From Forbes

By Lawrence Carrel ,

 

As the bull market passed its ninth birthday in March, it became the longest and greatest in terms of percentage gains for the Dow Jones Industrial Average since World War II, according the Leuthold Group.

It’s also the second-longest and second-largest bull run for the S&P 500 Index, with only the 1990s technology bubble beating it. Since business cycles end and bull markets turn into bears, where do we stand now? Is there more room to grow?

“I think the Dow is going to 30,000 in the next 18 months,” said Jon Ball, chief investment officer of the Intrinsic Asset […] Read more

Halite Partners Opens Palm Beach Office

Halite Partners Opens Palm Beach Office

 

We are thrilled to see another investment adviser firm opening an office in Palm Beach.  Welcome!!!

Halite Partners (“Halite”), an SEC registered investment adviser, today announced the appointments of Kevin Kale to Director of Business Development and Nicci Harrell Hicks to Director of Wealth Services. These new hires demonstrate Halite’s ability to attract the top talent to provide best-in-class solutions and services through a transformative model. In addition to the appointments, Halite officially opened its office in Florida.

“Halite is committed to providing our clients with top-tier, investment management and wealth planning services,” said Phil Shaffer, Halite’s founder and CEO. “Kevin and […] 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 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

PBHFA Hits Washington Post In Pulitzer Prize Winner’s Feature

PBHFA Hits Washington Post In Pulitzer Prize Winner’s Feature

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

 

Politics

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

https://www.washingtonpost.com/politics/at-mar-a-lago-the-star-power-of-the-presidency-helps-charities–and-trump–make-more-money/2017/05/13/e6bf6782-34ca-11e7-b412-62beef8121f7_story.html?utm_term=.5162cdc06bd6

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 Few Pictures From Aboard The Premium Member Yacht Party

A Few Pictures From Aboard The Premium Member Yacht Party

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

DONALD TRUMP, WEST PALM BEACH AND THE RISE OF THE NEW WALL STREET

DONALD TRUMP, WEST PALM BEACH AND THE RISE OF THE NEW WALL STREET

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

Scaramucci Looks To Sell SkyBridge

Scaramucci Looks To Sell SkyBridge

By Lawrence Delevingne | NEW YORK FROM REUTERS

SkyBridge Capital, the hedge fund investment firm founded by outspoken industry defender Anthony Scaramucci, is for sale, according to a person familiar with the situation.

Scaramucci, a fundraiser and adviser to President-elect Donald Trump, recently began an auction process for the New York-based firm as he considers potential roles in the Trump administration, according to the person, who requested anonymity because the information is private.

More than a dozen potential bidders, including wealth management and private equity firms, have signed non-disclosure agreements to review SkyBridge’s financial results, the person said.

 

News of the potential sale was […] Read more

Hedge Fund Pioneer E. Lee Hennessee-Gradante Found Dead

Hedge Fund Pioneer E. Lee Hennessee-Gradante Found Dead

It is with great sadness that the PBHFA learns of hedge fund pioneer E. Lee Hennessee-Gradante sudden passing at the age of 64.

From the Palm Beach Post

 

She was found in her $1.6 million condo Saturday, but her identity was not immediately released by police.

“Lee touched us all in a way that will have a lasting positive impact on my life and the lives of so many others,” said Charles Gradante, her husband and business partner and fellow media pundit, in a statement.

E. Lee Hennessee-Gradante

She broke ground as a woman on male-dominated Wall Street, creating a hedge fund index and becoming a […] Read more