Sun, Dec 17, 2017
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. Mediobanca acquires majority stakes in Swiss hedge fund[more]

    Komfie Manalo, Opalesque Asia: Listed diversified banking group Mediobanca SpA said it has acquired a majority stake in Geneva-based hedge fund firm RAM Active Investments SA (RAM AI), an active and alternative asset manager offering a range of act

  2. Launches - Ex-BlueCrest team to open over $200m hedge fund, Greg Coffey, a hedge fund star who retired at 41, is eyeing a comeback, Brevan Howard plans Greek funds as bond rally signals revival[more]

    Ex-BlueCrest team to open over $200m hedge fund From Bloomberg.com: A team of traders who left BlueCrest Capital Management earlier this year raised more than $200 million for their own hedge fund focused on Asian stocks, according to a person familiar with the matter. Ovata Capital Manag

  3. North America - Miami could attract hedge funds if SALT deductions axed[more]

    From Law360.com: For years, inertia has been Nitin Motwani's greatest foe in his attempts to lure hedge fund owners in the northeast to Miami, which he has pitched as a tropical low-tax paradise. But with the Republican tax bill proposing to eliminate deductions for state and local taxes, he's sensi

  4. Northleaf Capital Partners closes debut private credit fund on $670M[more]

    Bailey McCann, Opalesque New York: Northleaf Capital Partners has closed its debut private credit fund - Northleaf Private Credit I - on $670 million. The vehicle will invest in private credit transactions in Europe and North America, with a primary focus on lending to private equity-backed compa

  5. ...And Finally - The ongoing gun saga in the U.S.[more]

    From Newsoftheweird.com: As elder members of the First United Methodist Church in Tellico Plains, Tennessee, gathered on Nov. 16 to discuss the recent church shooting in Sutherland Springs, Texas, one of those present asked if anyone had brought a gun to church. One man spoke up and said he c