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!!
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
Read original here: Barron’s
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
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
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
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
By Matthew Beaton Read full article here
Hedge funds are written about as a monolith. At best, it’s an industry of personalities; at worst, one of villainous robber barons. Few in the press, much less the public, know about the innovative strategies managers employ to minimize risk, find alpha and maintain low correlations.
Sure, some major shops will get the profile treatment (often for the wrong reasons), but in general, there’s a fundamental disinterest in how managers invest. The strategies are too diverse, the tactics too nuanced, and the public’s demand for information too small for reporters to find and report on them […] Read more
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
The Palm Beach Hedge Fund Association proudly welcomes Jennie Azoulai as our Vice President of Development. Jennie brings vast experience in helping organizations reach their full potential. We look forward to working with her as an active member of our team.
Jennie enjoys nearly two-decades of multi-faceted entrepreneurship, fueled in large part by her robust business development practices. Leveraging her non-linear career path, Jennie brings her collective legal, acting, marketing, public speaking and teaching experiences to the table. As a result, she has her own uniquely creative stamp to apply to each scenario, which results in brand visibility gain.
She strategically […] Read more