From: Sun-Sentinel Stonegate Bank in Pompano Beach has agreed to open an account for the Cuban government, a move that could speed renewal of diplomatic relations between the U.S. and Cuba. Stonegate executives agreed to provide banking services to Cuba at the request of the U.S. State Department, a source told the Sun Sentinel. Dave Seleski, president and CEO of Stonegate, was not available for...Read More
Our venture south for our final deal-making event of the 2015 Spring season was a roaring success. Dozens of hedge fund and financial professionals mingled, chatted, made deals, reconnected, and forged new friendships during the fun, but all too short event. Our organization is exponentially growing organically and I would like to thank everyone involved for helping us achieve our mutual goal of uniting the...Read More
Two months after spending $71.2 million on a landmark oceanfront estate in Palm Beach, billionaire hedge funder Paul Tudor Jones II signed a $53.4 million mortgage for his new property, The Real Deal has learned. The home was the last remaining piece of Casa Apava, a historic 11-acre site that was purchased by developer Dwight Schar in 2004 and sold off in chunks last year....Read More
From CNBC .Taxes are low, slick offices are cheap, there’s easy access to wealthy retirees and Latin American markets, and perks like good schools and ocean-front villas abound—not to mention virtually eternal sunshine. “It’s just a different quality of life,” said Kelly Smallridge, who has been recruiting asset-management firms from the New York area as CEO of Palm Beach County’s Business Development Board. “People spend...Read More
Many thanks to CACEIS and Michael Wolfe for being so gracious sponsoring our Boca Raton PBHFA event last Thursday, to those who flew in from NYC to be part of our community, to our members who were in attendance and have seen our tremendous growth, and to our very special guest Coach Howard Schnellenberger, whose presence made the evening, as he is a true legend...Read More
