By Amanda Rabines From: The Real Deal Dan Floersheimer, president of Greenwich, Connecticut-based hedge fund and private equity firm Augmentum Advisors, just paid $8.75 million for a Palm Beach home, property records show. The 5,265-square-foot, contemporary home at 125 Chateaux Drive traded for about $1,662 per square foot. The hedge funder bought the home through a trust in...Read More
Read original here: Barron’s By LAWRENCE C. STRAUSS AND ERIC UHLFELDER The winner of Barron’s Penta’s 2017 ranking of the Top 100 Hedge Funds doesn’t tick a lot of the boxes for the typical big investor. There’s one mark, however, that would catch any investor’s eye: performance. Amid wildly erratic hedge fund results, our victor, Madrid-based...Read More
Read original From The Shiny Sheet Palm Beach resident Ken Griffin today got the official green light to expand slightly the long-and-lean seaside house he wants to build on Billionaires Row, where the hedge-fund billionaire already had earned town approval for a residence stretching more than a football field in length. The house’s main level increased by almost...Read More
We are pleased to welcome Arbitrage Search as our official head-hunting partner! Arbitrage Search is a boutique search firm founded in London in 2011. They have recruited for global banks, hedge funds, family offices and consultancies worldwide having placed candidates in London, Paris, NY, Boston and Hong Kong over the past few years. The types...Read More
The PBHFA welcomes this development as a significant step forward in turning Palm Beach County into a major financial and hedge fund hub. read the original article here,,,, A visionary idea between the Related Companies and the First Church of Christ, Scientist would create jobs, preserve history and shape the future of the city. West...Read More
By Matthew Beaton Read full article here Hedge funds are written about as a monolith. At best, it’s an industry of personalities; at worst, one of villainous robber barons. Few in the press, much less the public, know about the innovative strategies managers employ to minimize risk, find alpha and maintain low correlations. Sure, some major...Read More
From The Real Deal By Katherine Kallergis | June 29, 2017 11:15AM Coffee magnate Bob Stiller sold his Palm Beach mansion for nearly $13 million, property records show. Stiller, founder of Keurig Green Mountain, sold the 9,435-square-foot, four-bedroom home at 11 Via Vizcaya to a trust managed by Andrew W. Regan, a New York-based real estate attorney. The...Read More
Good news for the industry. From Opalesque Opalesque Industry Update – New hedge fund launches in 1Q 2017 increased for the first time since the first quarter of 2016 as both hedge funds and equity markets gained through the first part of the year, and measures of financial market volatility fell to record lows. New...Read More
May 25th, 2017– The Economist MACHINE-LEARNING is beginning to shake up finance. A subset of artificial intelligence (AI) that excels at finding patterns and making predictions, it used to be the preserve of technology firms. The financial industry has jumped on the bandwagon. To cite just a few examples, “heads of machine-learning” can be found...Read More
NOTE: The Pulitizer Prize winning journalist stated I had “no comment” after interviewing me— did I not tell him what he wanted to hear? I don’t know– but at least the PBHFA got named checked! Dave Goodboy Politics At Mar-a-Lago, the star power of the presidency helps charities — and Trump — make more...Read More
