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
By Lawrence Delevingne | NEW YORK FROM REUTERS SkyBridge Capital, the hedge fund investment firm founded by outspoken industry defender Anthony Scaramucci, is for sale, according to a person familiar with the situation. Scaramucci, a fundraiser and adviser to President-elect Donald Trump, recently began an auction process for the New York-based firm as he considers potential roles in the Trump administration, according to the person,...Read More