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billionaires
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...
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From The Real Deal   By Dan Weil Palm Beach County officials are working on bringing hedge funds here from the Northeast, and it’s working, particularly in West Palm Beach and Palm Beach, giving a boost to the Class A office market and the luxury home market. “Three to four years ago we noticed CEOs...
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Our spring meet & greet deal making social held at Palm Beach’s iconic Tideline Ocean Resort & Spa was a tremendous success.  Deal makers, hedge fund pros, traders, academics and economists mingled with investors and sponsors. We were fortunate to be graced by MarketWizard Linda Bradford Raschke and her husband Damon.  Damon held court with...
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As if hedge funds needed another reason to relocate to Palm Beach!  According to Forbes 2016 list of the world’s billionaires, 25 call the tiny island of Palm Beach home.  Talk about a massive concentration of wealth! Here is a list compiled by the Palm Beach Daily New‘s Darrell Hofheinz of billionaires with connections to...
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    Institutional Demand Expected To Continue To Drive Flows Into Hedge Funds In 2016 From Value Walk The question the industry faced entering 2015 is the same it faces entering 2016: Will institutional investors maintain their investments and continue to allocate more to hedge funds, and if so, at what rate? Our answer for...
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From Palm Beach Daily News By Darrell Hofheinz Daily News Real Estate Writer For the first time ever, an owner of a Palm Beach estate will pay more than $2 million in property taxes, thanks to the 2015 tax roll recently certified by the state. Luckily for him, the fellow involved has deep pockets. It’s...
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Our 2015/16 Season Launch Party proved to be a huge success with a wide cross section of Palm Beach and South Florida investors, hedge fundees, and financial professionals gathering to welcome the 2015/16  deal making, networking, friendship forging and socializing season with the Palm Beach Hedge Fund Association. The Norton Museum of Art graciously opened...
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From The Real Deal– read more here Inventory may stand at record low September 18, 2015 09:45AM By Dan Weil Prices for homes in the town of Palm Beach, both single-family houses and condos, continue to soar, as wealthy Americans and foreigners remain enamored with the beachside paradise.   “People have no other place as...
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From Bloomberg by Saijel Kishan Margaret Collins   Step inside Table Management, an obscure investment firm in New York, and something strange happens: you’re transported to the rarefied realm ofBill Ackman, the billionaire hedge fund manager. Table, it turns out, is sort of a secret wrapped in mystery. From the same Manhattan skyscraper as Ackman’sPershing...
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From PB Post Purpose Built Communities, an Atlanta nonprofit backed by billionaires Buffet, former hedge fund manager Julian Robertson and Atlanta developer/former Atlanta Hawks owner Tom Cousins, spent three days touring the city and meeting with local leaders. It has its eyes on West Palm Beach’s Northwest, Coleman Park and Pleasant City neighborhoods, areas of entrenched, generational...
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