By Rob Copeland, WJS For his son’s bar mitzvah in 2008, hedge-fund manager Murray Huberfeld chartered a JetBlue plane and invited hundreds to an oceanfront party in Palm Beach, Fla. An Orthodox pop star known as the “Jewish Elvis” entertained the guests, who Mr. Huberfeld says included investors in his fund. Intimate ties and fundraising inside a close-knit world of observant Jewish businesspeople in New...Read More
From Bloomberg By Hema Parmar SkyBridge Capital, the fund-of-hedge-funds firm run by Anthony Scaramucci, has opened a London office as it seeks to add business in Europe. The office, which will serve as the firm’s European headquarters, is run by Hesham Alquraini, who formerly worked at the Kuwait Investment Office, Scaramucci said Thursday in an interview. As managing director, Alquraini will lead a three-person team....Read More
From Chicago Business by By LISA BERTAGNOLI Dollars for dinos: The Kenneth C. Griffin Charitable Fund has donated $5.5 million to Field Museum to create a new display on Antarctic dinosaurs. Field Museum announced the gift today. The new Antarctic Dinosaurs exhibit will open at the museum in summer 2018 and run through January 2019. After that, it will travel to a handful of museums throughout...Read More
From South Florida Business Journal: By: Brian Bandell A company controlled by hedge fund billionaire Kenneth Griffin took out two mortgages for a combined $114 million on land in Palm Beach that he intends to build a mansion on. JPMorgan Chase Bank awarded the mortgages of $101.25 million and $12.75 million to Blossom Way Holdings, led by Griffin as the founder and CEO of...Read More
From Financial Times By Mary Childs “Steve Cohen’s brand was hurt a lot during the insider trading investigations, and he is working very hard to improve his image,” said Don Steinbrugge, founder of Agecroft Partners in Richmond, Virginia. Mr Cohen is having to compete harder for talent, as the “war” to attract the best traders has intensified with the industry’s expansion and the decline of average...Read More