Hedge funds swarm into Palm Beach Influx of asset management firms is driving up commercial rents October 05, 2016 By Dan Weil The City of Palm Beach and neighboring West Palm Beach are becoming ever more attractive to alternative asset managers. Some firms that have long been based in money management strongholds like New York, Boston and Greenwich are picking up stakes and moving to...Read More
On November 3rd, the PBHFA hosted an intimate gathering at the Ft. Lauderdale Boat Show. Sponsored by Andrew LaBuhn and Camper & Nicholsons International, the gathering proved to be educational and entertaining for everyone involved. We met at the Camper&Nicholsons VIP lounge prior to touring several storied yachts. Next, we met with the folks from Ferretti Yachts, Palm Beach for a tour aboard...Read More
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
