Tue, Nov 10, 2026
A A A
Welcome Guest
Free Trial RSS pod
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

Previous Opalesque Exclusives                                  
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Opalesque Exclusive: DACH institutions push alternatives to 32.3% of portfolios as hedge funds make a comeback[more]

    Matthias Knab, Opalesque for New Managers: Institutional investors in Germany, Austria and Switzerland now hold almost a third of their portfolios in alternative investments, and they are more confident than ever in

  2. KRX chief courts CalPERS for bigger bet on Korea[more]

    Korea Exchange Chairman and CEO Jeong Eun-bo held talks with California Public Employees' Retirement System, or CalPERS, to promote greater investment in South Korea's capital markets, the bourse operator announced Wednesday. Jeong met with CalPERS Chief Investment Officer Stephen Gilmore.

  3. 755 Unicorns, $8 Trillion: Fifth Era maps the autonomous digital economy[more]

    Matthias Knab, Opalesque for New Managers: Fifth Era Partners, a specialized asset manager focused on the convergence of Internet, AI/Agentic and Blockchain technologies, has released the findings of its 13th Bia

  4. Opalesque Exclusive: "Enough beta plays" - how Fasanara builds an alpha-only multi-strategy platform[more]

    Matthias Knab, Opalesque for New Managers: Most multi-strategy funds promise diversification. Fewer can explain why their return streams should stay independent when markets turn. In an Opalesque SkillsLab investor

  5. Opalesque Exclusive: Governance, Scale, and Boutique Resilience in a Consolidating Hedge Fund Industry[more]

    Matthias Knab, Opalesque for New Managers: The hedge fund industry has undergone significant consolidation in recent years, with capital increasingly concentrated among large multi-strategy platforms. Yet boutique m