This insightful article from Financial Time’s Fund Fire Letter quotes PBHFA’s Founder and lays out the massive growth in South Florida— By Lydia Tomkiw June 29, 2022 Florida is cementing itself as a major hub for the hedge fund industry following the announcement last week that Ken Griffin’s $51 billion Citadel – and its market-making...Read More
From NY Post Citadel, the $51 billion hedge fund founded by Ken Griffin, is moving its global headquarters to Miami from Chicago, becoming the latest company to leave the Windy City in the wake of the pandemic. The decision to relocate the headquarters for Citadel, the hedge fund, and Citadel Securities, the electronic trading firm, comes as many...Read More
from Bloomberg Larry Ellison added a $173 million oceanfront estate in Palm Beach County to his sprawling residential real estate portfolio, setting a record for the most expensive residential sale in Florida. The billionaire Oracle Corp. co-founder closed on the property, just south of Palm Beach in Manalapan, last week, according to public...Read More
Homrich Berg (HB) is strategically expanding its footprint in the Southeast with its first office outside of the Atlanta region, in Palm Beach, Florida. The $10 billion RIA is adding a three-advisor team, which previously managed over $1.5 billion in assets at GenSpring SunTrust Private Wealth and specializes in providing wealth management services...Read More