Fri, May 27, 2016
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Social Alpha launches as a new group for hedge fund managers in South Florida

Thursday, February 27, 2014

Bailey McCann, Opalesque New York:

Social Alpha aims to be a different kind of hedge fund networking group. Forget the panels, drink tickets, and service providers - instead Social Alpha will function more like a meet up for managers to connect and chat without a program. The group is founded by Dr. Rainford M. Knight of the Florida Institute of Finance, who will be backing the venture on his own.

"I really just wanted to set up a professional networking opportunity that wasn't all about invitations or speakers or getting sold something. All are welcome and we just want to facilitate conversations," Knight says in an interview with Opalesque.

Social Alpha is the latest entrant into a growing hedge fund scene in Florida. The Florida Alternative Investments Association (FLAIA) and the Hedge Fund Association (HFA) are also on the ground. Knight is already a member of FLAIA and plans to work across both organizations to forge partnerships.

He says the growth of the hedge fund industry in Florida is partly driven by tax laws which are beneficial to hedge funds managers along with quality of life. "I think its taxes sure, but I think people get tired of the New York scene, things are a little more normal here."

The first event will be at the Seagate Hotel in Delray Beach, on March 6. Knight says he plans to hold events approximately every eight weeks at locations throughout the South Florida region.

......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Performance - Hedge fund ETFs take a battering, Have long-short credit funds delivered?[more]

    Hedge fund ETFs take a battering From ETFStrategy.co.uk: It was a blow for the hedge fund world when Hillary Clinton’s son-in-law Marc Mezvinsky announced he would be closing his Greek-focused fund after it plummeted in value by 90%, just two years after it launched. For passive investor

  2. Ares Capital to buy American Capital in $3.4 billion deal[more]

    From PIOnline.com: Ares Management's business development company Ares Capital Corp. is buying troubled BDC American Capital for $3.43 billion, said a joint news release by the BDCs and another release by Ares Management. Ares Capital Corp.'s assets are expected to grow to about $13.2 billion when t

  3. Launches - Man Group and American Beacon launch new emerging debt fund, Nikko AM launches new Japan equity UCITS fund[more]

    Man Group and American Beacon launch new emerging debt fund American Beacon Advisors, an experienced provider of investment advisory services to institutional and retail markets, launched the American Beacon GLG Total Return Fund today. The Fund became effective May 20. The America

  4. Emerging markets hedge funds perform strongly, but capital base erodes[more]

    Komfie Manalo, Opalesque Asia: Latin American Emerging Markets and Russian hedge funds lead industry gains in the first months of 2016, posting strong performances through April as global and EM equity, commodity and currency markets surged in recent weeks following steep losses to begin the year

  5. Americas - Australian banks sending U.S. hedge funds broke, Ryan Puerto Rico ‘rescue’ bill could be windfall for hedge funds[more]

    Australian banks sending U.S. hedge funds broke From SMH.com.au: US hedge funds are not having the best of years. Profits are hard to find, they're underperforming and the punters are losing patience, withdrawing US$15 billion ($20.8 billion) in the March quarter. They're expected to wit