Ken Griffin’s House Hits 60,000 Square Feet

Ken Griffin’s House Hits 60,000 Square Feet

 

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

Green Mountain Coffee Billionaire Sells Palm Beach Home

Green Mountain Coffee Billionaire Sells Palm Beach Home

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 PBHFA Welcomes Our New VP of Development

The PBHFA Welcomes Our New VP of Development

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

The PBHFA & 3550 South Ocean Invite You !!

Join the PBHFA & 3550 South Ocean on May 11th from 6-8PM in Manalapan .

Open bar and Food will be served!

INVITATION ONLY!

The event is extremely capacity constrained.  RSVP is a must to ensure your attendance

                                                                 RSVP NOW!!

 

[…] Read more

The PBHFA In Vanity Fair

The PBHFA In Vanity Fair

BY Bess Levin    Read original here

In simpler times, Mar-a-Lago was a mere Palm Beach club, owned by a businessman who often feuded with the locals over things like the height of his flags and whether or not officials were routing air traffic overhead as a “deliberate and malicious act.” Now, it’s the new Camp David—the “Southern White House,” in the present vernacular—where the president of the United States entertains foreign leaders and paying guests alike, and where those who can afford the recently doubled $200,000 initiation fee can enjoy their wedge salads with a side […] Read more

Palm Beach Hedge Funder Scaramucci Added To Trump’s Economic Council

Palm Beach Hedge Funder Scaramucci Added To Trump’s Economic Council

From Politico  By Shane Goldmacher

Donald Trump added nine new people, including eight women, to his economic council on Thursday — and more than half the additions have either already given Trump money or have pledged to help raise campaign cash for him and the Republican Party.

One new addition, hedge fund manager Anthony Scaramucci, contributed $100,000 to Trump’s joint fundraising committee with the GOP, known as Trump Victory. Another, Carla Sands, hosted a multimillion-dollar fundraiser for Trump last month at her Southern California home.

read more….

Read more: http://www.politico.com/story/2016/08/trump-economic-adviser-list-donors-226921#ixzz4H92U2WV5
Follow us: @politico on Twitter | Politico on Facebook

[…] Read more

2016 Institutional Demand Expected To Drive Hedge Fund Inflows

2016 Institutional Demand Expected To Drive Hedge Fund Inflows

 

 

Institutional Demand Expected To Continue To Drive Flows Into Hedge Funds In 2016

From Value Walk

The question the industry faced entering 2015 is the same it faces entering 2016: Will institutional investors maintain their investments and continue to allocate more to hedge funds, and if so, at what rate? Our answer for 2015 was, “Yes. Barring a major financial market event, they will.However, if a major market event were to take place, then only the most defensive asset classes would gain new assets…”

Given the areas gaining assets in 2015 (multi-strategy, macro and managed futures, along with long/short equity), investor sentiment toward […] Read more

Palm Beach Real Estate Sizzles

From The Real Deal– read more here

Inventory may stand at record low

September 18, 2015 09:45AM
By Dan Weil

Prices for homes in the town of Palm Beach, both single-family houses and condos, continue to soar, as wealthy Americans and foreigners remain enamored with the beachside paradise.

 

“People have no other place as attractive to put their money,” Les Evans, managing partner of Leslie Evans and Associates, a Palm Beach law firm, told The Real Deal.

His Evans Report, which details quarterly sales of Palm Beach homes, shows that the median price for a single-family home totaled $3.375 million in the second quarter, up 13.4 […] Read more

SkyBridge Wins 10 Year Award

Sky Bridge was named ‘Best Diversified Fund of Hedge Funds over 10 years’ for one of its offshore funds at the Hedge Funds Review Americas Awards, held in New York City on July 30, 2015.  This marks the second consecutive year SkyBridge has been recognized in this category.

Hedge Funds Review Americas Awards recognizes hedge funds and fund of hedge funds in the U.S., Canada and Latin America markets, rewarding those who have outperformed their peers and demonstrated impressive growth through the volatility of the last year.  The winners are selected based on a methodology that combines quantitative and qualitative analysis.  Funds […] Read more

Radical Group Targets Dan Loeb’s Hampton’s Home

From USA Today

It’s summer in the city and we all know what that means: Hedge fund billionaires head to their homes in New York’s swank Hamptons beachfront area …. with angry protesters in tow.

Or so it will be this weekend for Dan Loeb, the billionaire founder of Third Point.

Loeb, worth an estimated $2.5 billion, is known for his rows with publicly traded companies, including Sony and Yahoo — a dispute that led to the board’s hire of CEO Marissa Mayer in 2012.

On Saturday, an anti-hedge fund, pro-labor group called the Hedge Clippers will gather near his swanky East Hamptons estate to protest a $5,000 fund-raiser he is holding […] Read more