Florida Gov. Rick Scott and Palm Beach Business Board courting hedge funds with tax-friendly incentives

Florida Gov. Rick Scott and Palm Beach Business Board courting hedge funds with tax-friendly incentives The passage identifies a coordinated effort by Governor Rick Scott and the Palm Beach Business Development Board to attract wealthy hedge fund and private equity managers to Florida, highlighting potential tax avoidance and economic influence. While it provides names and a clear strategy, it lacks concrete transaction data or evidence of wrongdoing, making it a moderate‑level lead worth further investigation. Key insights: Governor Rick Scott is personally emailing prospects to promote Florida relocation.; Kelly Smallridge, CEO of the Palm Beach Business Development Board, runs red‑carpet tours for financiers.; Events include lavish yacht parties costing $70 million to woo hedge fund managers.