MoMA Receives $40 Million Gift from Kenneth C. Griffin Charitable Fund The Museum of Modern Art announced today that the Kenneth C. Griffin Charitable Fund, a fund created by Citadel Founder and CEO Kenneth Griffin, has made a gift of $40 million to MoMA. The gift is one of the largest that MoMA has received...Read More
Institutional Demand Expected To Continue To Drive Flows Into Hedge Funds In 2016 From Value Walk The question the industry faced entering 2015 is the same it faces entering 2016: Will institutional investors maintain their investments and continue to allocate more to hedge funds, and if so, at what rate? Our answer for...Read More
Our November event at The Addison in Boca Raton sponsored by Rolls Royce was the most spectacular yet! The friends, food, drink, cars, and ambiance was truly world class. Not only was the Palm Beach Hedge Fund Association honored to be one of the first groups to witness the unveiling of Rolls Royce’s latest...Read More
From Palm Beach Daily News By Darrell Hofheinz Daily News Real Estate Writer For the first time ever, an owner of a Palm Beach estate will pay more than $2 million in property taxes, thanks to the 2015 tax roll recently certified by the state. Luckily for him, the fellow involved has deep pockets. It’s...Read More
Thank you for attending our deal making social at Palm Beach Ferrari. It was great chatting with many of you again and meeting new faces. I know that several deals and multiple constructive business relationships were launched. Not to mention numerous new and old friendships kindled. Together we can turn Palm Beach County and South...Read More
From Miami Herald BY NICHOLAS NEHAMAS The buyer who shattered local real estate records by buying a $60 million Miami Beach penthouse late last month is South Florida-born hedge fund billionaire Kenneth Griffin, according to a report in The New York Times. The Times reported that “people familiar with the deal” said Griffin, the founder and...Read More
Congratulations Chris Leavitt!! Two condos at a yet-to-be-built tower along the Intracoastal Waterway in West Palm Beach are under contract for nearly $15 million each, which would set a price record if they close. The penthouse units are on the 25th floor of the Bristol Palm Beach condo project, says Chris...Read More
From NY Times The foreigners visiting Havana used to be Canadians and Europeans on cheap beach package tours and left-leaning Americans on dutiful rounds of organic farms and neighborhood health clinics. Ten months after the U.S. and Cuba declared the end of a half-century of official hostility, the mood in Havana has changed. The city...Read More
Source: Wall Street Journal CHRISTIAN BERTHELSEN Updated Oct. 12, 2015 8:03 p.m. ET 0 COMMENTS Andrew Hall’s faith in an oil-market rebound isn’t shaken, but it isn’t paying off, either. The main fund at Mr. Hall’s Astenbeck Capital Management LLC lost 7% in September, according to investor documents reviewed by The Wall Street Journal, leaving...Read More
