Join the PBHFA for our March Deal Making, Meet & Greet Event. […] Read more
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
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
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
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