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

Hedge Fund Managers Need To Think Like Amazon

Hedge Fund Managers Need To Think Like Amazon

From FinAlternatives

Oct 24 2017 | 5:56pm ET

Editor’s note: Hedge fund managers need to understand the expectations of today’s Amazon-conditioned consumers if they want to grow their businesses, explains Harvest co-founder and CEO Peter Hans in this contributed article. Change is often a four-letter word at many alternative investment managers, but those who fail to adopt a more customer-centric model risk being eclipsed by a select group of managers who can deliver a superior experience.

Hedge Fund Managers Have To Think Like Amazon
By Peter Hans, Co-Founder & CEO, Harvest

Hedge fund managers looking to grow their businesses need to embrace the expectations of today’s Amazon-conditioned consumers – […] Read more

Congratulations To Sandpointe !

Congratulations To Sandpointe !

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!!

 

Contact
Alex Hammond
Telephone
561-501-1100
Email
arhammond@sandpointe.com
Website
www.sandpointe.com

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

Tudor Investment Corp Sells Land To Brunswick School

Tudor Investment Corp Sells Land To Brunswick School

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

Welcome Our Official Head Hunting Partner!

Welcome Our Official Head Hunting Partner!

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

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

Hedge Funds Go On Offensive

Hedge Funds Go On Offensive

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

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

Hedge Fund Launches Increase And Capacity Exceeds $3 Trillion

Hedge Fund Launches Increase And Capacity Exceeds $3 Trillion

Good news for the industry.  From Opalesque

Opalesque Industry Update – New hedge fund launches in 1Q 2017 increased for the first time since the first quarter of 2016 as both hedge funds and equity markets gained through the first part of the year, and measures of financial market volatility fell to record lows.

New hedge fund launches totaled 189 in 1Q, up from 153 in the prior quarter, according to the latest HFR Market Microstructure Report, released today by HFR, the established global leader in the indexation, analysis and research of the global hedge fund industry.

Hedge fund liquidations declined narrowly in […] Read more