From Bloomberg: Citadel Securities this week opened an office in Florida to help ensure billionaire Ken Griffin’s giant trading firm can continue at full capacity during the coronavirus pandemic — and cope with the explosion in volume the illness has spurred. The firm opened a new, temporary trading floor in Palm Beach on Monday with...Read More
Welcome to PBHFA’s March missive! The last few weeks have been quite interesting both socially and in the financial markets. Black swan style events of COVID 19 and geo-political tensions have spiked the VIX sending equities and the oil complex plunging lower. I have not witnessed this type of market action for decades. The index...Read More
We are thrilled to announce a partnership with the exclusive and luxurious Ritz Carlton Residences in Sunny Isle Beach!! Our social held on January 24th was a huge success with hedge fund and money managers mingling with the investor and real estate community of South Florida. New friendships were formed and deals bantered about as...Read More
PBHFA members experienced a wonderful evening at the Grandview Public Market with members & guests of the FICPA. Check out the slideshow!! [cincopa AwBA8nuAnff4]Read More
We are thrilled to announce a strategic partnership with the Palm Beach Symphony! It is exciting to introduce our members to the beautiful music of the symphony. This world-class institution and the PBHFA’s goals are aligned in elevating our region to being a true global leader in the world of art, commerce & lifestyle. Members...Read More
New York (CNN Business)The New York Mets have agreed to be sold to hedge fund billionaire Steve Cohen, in a deal that will take five years to complete, the team announced Wednesday evening. During that time the current owner, Fred Wilpon, 83, will continue to serve as the team’s chairman. He bought half the team...Read More
From Bloomberg By Vincent Bielski December 3, 2019, 9:58 AM EST Steven Schonfeld is a hedge fund billionaire of a different breed. He’s almost always in a hoodie, drawn from a closet full of them. He shuns the Wall Street crowd. You’ll never see him at a gala in Manhattan or at Davos...Read More
Our deal-making dinner, with Fenics UST, at the Breakers was an incredible success!! An oversold crowd of members and guests mingled in the first-class atmosphere of the Breakers Beach Club. As the sound of winter seas lashing the Breakers seawall filled the air, attendees enjoyed a premium open bar, a wide variety of gourmet Hor...Read More
Our first luxury based Soirée of the season was a home run!! Hosted onboard the fabulous superyacht Alegria, guests mingled in the superlative ambiance while drinking the world’s finest tequila, noshing on gourmet bites, and trying on extremely rare timepieces boasting prices north of $650,000.00. Along with the experiential luxury atmosphere, members and guests...Read More
From The New York Times By Maggie Haberman He came of age in Queens, built Trump Tower, starred in “The Apprentice,” bankrupted his businesses six times, and drew cheering crowds and angry protesters to Fifth Avenue after his election. Through it all, President Trump — rich, bombastic and to many Americans the epitome of a...Read More
