PBHFA News

From Palm Beach Daily News:  Darrell HofheinzDaily News Real Estate Writer Palm Beach hedge-funder Kenneth G. Tropin is behind the purchase of 1695 North Ocean Way, the new beachfront house built on speculation that changed hands for nearly $44 million in a sale recorded Friday. The Kenneth G. Tropin Revocable Trust bought the house, according to the deed viewable Monday on the Palm Beach County...
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The following article from the New York Times reflects significant negative changes that are brewing,,,,  It’s critical that we keep close tabs on the situation….. From NEW YORK TIMES By THE EDITORIAL BOARD  MARCH 11, 2016 Two Democratic members of the New York State Assembly, Jeffrion Aubry and Sean Ryan, introduced a bill this week to close the “carried interest” loophole, which lets partners at...
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  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 has great access to LATAM, Caribbean and the South East,...
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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 assets and market manipulation at Harbinger Capital. He settled with...
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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 Brokaw Photographer: Amanda Gordon/Bloomberg “I sent Trump a package,” Jones...
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