Hedge Crunch FinancialFlorida
Elliot Management Relocating to Florida
Activist investor Paul Singer has decided to move his $41 billion hedge fund manager to Florida, joining a growing number of investment companies looking to lower their state tax burden. Elliot Management will keep some office space in Manhattan, but his new headquarters will be in West Palm Beach. He will also open offices in […]
Wall Street Heading South and Not Just for the Winter
Fed-up with exorbitant tax rates and a business-unfriendly establishment, many hedge fund companies and private equity firms have made the decision to relocate to a place where they are being welcomed with open arms and delightful tax breaks: Palm Beach County, Florida. “Florida is a state of choice,” said Thalius Hecksher, global development chief for […]