We are thrilled to announce a strategic partnership with the Palm Beach Symphony! It is exciting to introduce our members to the beautiful music of the symphony. This world-class institution and the PBHFA’s goals are aligned in elevating our region to being a true global leader in the world of art, commerce & lifestyle.
Members stay tuned for your invite to a very special event in April with the Palm Beach Symphony!
Palm Beach Symphony Announces Partnership with Palm Beach Hedge Fund Association
West Palm Beach, FL (December 20, 2019) –
Palm Beach Symphony and the Palm Beach Hedge Fund Association
(PBHFA) have announced […] Read more
New York (CNN Business)The New York Mets have agreed to be sold to hedge fund billionaire Steve Cohen, in a deal that will take five years to complete, the team announced Wednesday evening.
During that time the current owner, Fred Wilpon, 83, will continue to serve as the team’s chairman. He bought half the team along with Nelson Doubleday in 1980, and the other half in 2002. Wilpon’s son, Jeff Wilpon, who is the team’s chief operating officer, will remain in that job for five years.
The Mets have struggled to compete against the more popular New York Yankees, and […] Read more
December 3, 2019, 9:58 AM EST
Steven Schonfeld is a hedge fund billionaire of a different breed.
He’s almost always in a hoodie, drawn from a closet full of them. He shuns the Wall Street crowd. You’ll never see him at a gala in Manhattan or at Davos or Aspen. Mostly he stays home in Old Westbury, New York.
In other ways, “Schony,” as his gin pals call him, is just like any other tycoon. He’s worth about $1.3 billion, according to estimates by the Bloomberg Billionaires Index. He spent about $20 million to build a golf course, designed by Rees Jones, next to […] Read more
Our deal-making dinner, with Fenics UST, at the Breakers was an incredible success!!
An oversold crowd of members and guests mingled in the first-class atmosphere of the Breakers Beach Club. As the sound of winter seas lashing the Breakers seawall filled the air, attendees enjoyed a premium open bar, a wide variety of gourmet Hor D’oueves, and intense conversations with hedge fund professionals, money managers, investment bankers, and a wide variety of financial mavens. Multiple deals, opportunities, investing/trading strategies and market projections were discussed as new friendships were forged and old ones reignited.
Next, we all moved into the ocean-facing ballroom for […] Read more
Our first luxury based Soirée of the season was a home run!! Hosted onboard the fabulous superyacht Alegria, guests mingled in the superlative ambiance while drinking the world’s finest tequila, noshing on gourmet bites, and trying on extremely rare timepieces boasting prices north of $650,000.00.
Along with the experiential luxury atmosphere, members and guests talked markets, economics, business and deals all while reuniting with old friends and making new ones.
We would like to extend a heartfelt thanks to our partners who helped make this all possible:
SuperYacht One, Bloor Street Capital, Denison Superyachts, Greubel Forsey, Clase Azul Tequila, Whispering Angel […] Read more
From The New York Times
By Maggie Haberman
He came of age in Queens, built Trump Tower, starred in “The Apprentice,” bankrupted his businesses six times, and drew cheering crowds and angry protesters to Fifth Avenue after his election. Through it all, President Trump — rich, bombastic and to many Americans the epitome of a New Yorker — was intertwined with the city he called his lifelong home.
In late September, Mr. Trump changed his primary residence from Manhattan to Palm Beach, Fla., according to documents filed with the Palm Beach County Circuit Court. Melania Trump, the first lady, also changed her residence to […] Read more
From The Wall Street Journal
Liz Hoffman and
Oct. 31, 2019 11:40 am ET
Flying over Europe in a private jet last year, Rajeev Misra took his shoes off and propped his bare feet on the knee of a top executive of FIFA, soccer’s governing body. The executive froze while Mr. Misra, head of SoftBank Group Corp. 9984 0.05% ’s $100 billion Vision Fund, chatted about ways to make more money off the streaming rights for the organization’s tournaments.
The Vision Fund had become, in the span of a year, the world’s most influential technology investor, making Mr. Misra a kingmaker in Silicon Valley. The meeting on the plane […] Read more
Our 2019 Season Kick-Off Soirée was incredible. Hosted by Virgin/Brightline, guests were treated to a wide variety of delicious Hor d Oueves, drinks and ambiance. Members and guests mingled, chatted, and forged business relationships, as well as made new friends as the evening progressed. I heard of several intriguing financial deals in the works and the positive energy was ultra-high in the venue.
As we moved to the educational aspect of the evening, John Jannarone of IPOedge.com & CorpGov.com filled us in on his philanthropic project Take Stock In Children. It was amazing to learn about how such a small donation […] Read more
Our first European social held with our partner The Circle Global Family Office was a huge success! PBHFA members mingled with the global financial elite at the ultra-exclusive Yacht Club de Monaco.
Guests were treated to the finest food & drink as The Circle’s CEO Marc Duthoit showed the group a revolutionary method to leverage their luxury assets while still enjoying their use. It was an excellent and timely presentation for the ultra-high net worth investors and money management professionals in attendance.
We can’t wait for our first North American based social with our newest partner, The Circle Global Family Office!
[…] Read more