BY Bess Levin Read original here In simpler times, Mar-a-Lago was a mere Palm Beach club, owned by a businessman who often feuded with the locals over things like the height of his flags and whether or not officials were routing air traffic overhead as a “deliberate and malicious act.” Now, it’s the new Camp David—the “Southern White House,” in the present vernacular—where the...Read More
MARCH 14, 2017 • JERILYN KLEIN BIER From FA magazine The migration of Northeast asset managers, hedge fund managers and other financial professionals to West Palm Beach, Fla., is continuing at a steady pace, according to Kelly Smallridge, president and CEO of the Business Development Board of Palm Beach County. Although the activity has tapered a bit from its peak several years ago, when the...Read More
From Bloomberg By Amanda Gordon A $2.4 billion proposal seeks to fix that by filling the swamp — that is, by directing water south from Lake Okeechobee toward Florida Bay. The idea has been around for a while, but only now is there the political will and funding to get it done, according to Jones and colleagues at the foundation. Bills were...Read More
Hedge funders dominated Forbes’ most recent “30 Under 30” list for finance. Twelve of them are on the 2017 list, including Michael Buckley, who works at Stanley Druckenmiller’s Duquesne Capital, and Anthony Massaro, who works at Bill Ackman’s Pershing Square Capital Management. The list for finance was chosen by a pool of judges comprising Sonia Gardner, the cofounder of Avenue Capital Group; Thomas H. Lee,...Read More
Dave Goodboy, PBHFA Founder, Robert Asaturyan, PBHFA’s Director of Eastern European Investor Relations and Thalius Hecksher, Trident Fund Services Global Director had the honor of consulting with Inon Elroy, Israeli Economic Minister to the United States on Monday, January 23 at the Miami Innovation Center. PBHFA member Ric Scheinkman of Harpia Capital was kind enough to do the introductions. I would also like to thank...Read More