It is with great sadness that the PBHFA learns of hedge fund pioneer E. Lee Hennessee-Gradante sudden passing at the age of 64. From the Palm Beach Post She was found in her $1.6 million condo Saturday, but her identity was not immediately released by police. “Lee touched us all in a way that will have a lasting positive impact on my life and the...Read More
Head honcho at Miami based, $19 billion Appaloosa Management, David Tepper, trashes both Donald Trump and Hillary Clinton. From Forbes by Nathan Vardi Billionaire David Tepper, arguably the top hedge fund manager and investor of his generation, said on Monday that the presidential election represented “a fairly bad choice at the top.” A blunt speaker who generally likes to limit his appearances in the...Read More
From The Daily News Here’s a list of Palm Beachers — full-time and seasonal — on the 2016 Forbes 400: * Industrialist David Koch, 76, with $42 billion (up from $41 billion in 2015), tied for seventh place * Investor Carl Icahn, 80, with $15.7 billion (down from $20.5 billion), in 26th place * Discount broker Thomas Peterffy, 71, with $12.6 billion (down from $13.5...Read More
BY Michelle Egan Founders Daily Seacoast Banking Corporation of Florida (SBCF) : Otter Creek Advisors scooped up 142,122 additional shares in Seacoast Banking Corporation of Florida during the most recent quarter end , the firm said in a disclosure report filed with the SEC on Aug 15, 2016. The investment management firm now holds a total of 642,139 shares of Seacoast Banking Corporation of...Read More
