PBHFA’s founder Dave Goodboy joined an esteemed panel discussion at the IMN’s Alpha Hedge East conference. The panel explored why a manager should relocate to Florida v Texas or the Carolinas. Topics covered include: Tax incentives, Schools and Family, Corporate and Consumer Real Estate Market. The local investor base is explored and explained. Florida...Read More
From HITC Business One-time high-flying hedge fund manager Phil Falcone, plotting a comeback after a securities industry ban, told CNBC Tuesday he considers his integrity of “utmost importance,” and said he’s trusted by people who know him. The Securities and Exchange Commission in 2012 charged Falcone with securities fraud. The charges included misappropriation of client...Read More
From Bloomberg In a ballroom at the Breakers resort in Palm Beach, Florida, Saturday night, hedge-fund manager Paul Tudor Jones considered which presidential contender would be best for the Everglades, the state’s swath of tropical wetlands and forest he’s worked for more than 20 years to restore. Paul Tudor Jones, Glenn Dubin and Tom...Read More
PBHFA’s Director Dr. Anna Pomeranet’s research on financial transaction taxes was featured in a Wall Street Journal article focused on Bernie Sander’s tax plan. What would Bernie Sanders’ Wall St. tax look like? By John Carney Published: Feb 14, 2016 6:36 p.m. ET Bernie Sanders wants to raise a lot of money from...Read More
Hedge funds rejoice! A massive data center may soon make its home in Palm Beach County. Data is what runs the modern financial markets. Hedge funds, in particular, tend to cluster around data centers for speed and order transmitting efficiency. The following article from the Sun Sentinel explains….. By Skylar Swisher republished from...Read More
Our first friendship forging & dealmaking event of 2016 was another huge success! Despite one of the largest rainfalls in history, the event was well attended with South Florida’s hedge fund and alternative finance elite. Here are a few photos of the evening: Read More
From Reuters Hedge funds are starting the year off negative. Professional money managers gathered at an elite Morgan Stanley investment conference in Palm Beach, Florida this week expressed a range of pessimistic market views, including so-called bearish takes on the energy sector, China, and stocks such as Valeant Pharmaceuticals and SolarCity. Paul Tudor Jones, the...Read More
From CNBC We welcome billionaire hedge fund manager David Tepper’s Appaloosa Management to South Florida! The latest large financial firm to establish itself in the Sunshine State is Appaloosa, the $18.6 billion hedge fund manager led by David Tepper. Appaloosa recently opened a small office on Washington Avenue in the heart of South Beach, the...Read More
From Fa-mag.com Being part of the 1 percent just took on new meaning. That’s about the rate at which billionaire Steve Wynn is borrowing against his extensive art collection as wealth management firms push to win business from the world’s ultra-rich. The casino mogul pledged 59 works of art as collateral for a loan...Read More
From New Times By Jess Swanson Aaron Wormus is the chief technology officer of HedgeCo Vest, a hedge-fund company located on Clematis Street in downtown West Palm Beach. Every day on his way to workWormus passes a section of the old Florida East Coast railroad tracks and an overgrown area around it.Wormus, a father and husband,...Read More
