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...Read More
Point 72 frontman and art collector extraordinaire recently launched the Cohen Veteran Network. The non-profit will be opening between 20 and 25 clinics across the U.S. over the next three to five years, an effort that will cost Cohen $275 million. Steve was inspired by his son, a Gulf War veteran, whom he credits with...Read More
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...Read More
PBHFA’s Founder and Managing Director, Dave Goodboy, chaired the Asset Allocation Panel at the Ivy Family Office Plus. We delved into the thought process and investment ideas of four leading names in the Palm Beach region. It was an interesting and very educational seminar for both the panel members and...Read More
From Bloomberg In a ballroom at the Breakers resort in Palm Beach, Florida, Saturday night, hedge-fund manager Paul Tudor Jones considered which presidential contender would be best for the Everglades, the state’s swath of tropical wetlands and forest he’s worked for more than 20 years to restore. Paul Tudor Jones, Glenn Dubin and Tom...Read More
PBHFA’s Director Dr. Anna Pomeranet’s research on financial transaction taxes was featured in a Wall Street Journal article focused on Bernie Sander’s tax plan. What would Bernie Sanders’ Wall St. tax look like? By John Carney Published: Feb 14, 2016 6:36 p.m. ET Bernie Sanders wants to raise a lot of money from...Read More
From CNBC We welcome billionaire hedge fund manager David Tepper’s Appaloosa Management to South Florida! The latest large financial firm to establish itself in the Sunshine State is Appaloosa, the $18.6 billion hedge fund manager led by David Tepper. Appaloosa recently opened a small office on Washington Avenue in the heart of South Beach, the...Read More
From Fa-mag.com Being part of the 1 percent just took on new meaning. That’s about the rate at which billionaire Steve Wynn is borrowing against his extensive art collection as wealth management firms push to win business from the world’s ultra-rich. The casino mogul pledged 59 works of art as collateral for a loan...Read More
MoMA Receives $40 Million Gift from Kenneth C. Griffin Charitable Fund The Museum of Modern Art announced today that the Kenneth C. Griffin Charitable Fund, a fund created by Citadel Founder and CEO Kenneth Griffin, has made a gift of $40 million to MoMA. The gift is one of the largest that MoMA has received...Read More
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...Read More
