Impact Wealth Spring 2024 Issue

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A New Voice In Scotch Whisky

RAER ORIGINAL SCOTCH WHISKY

Created with a variety of different malts and grains to make our unique flavour profile, creating a sweeter and smoother spirit

MAKE EVERY MOMENT RAER

Created by a family in the Lowlands of Scotland, RAER continues to grow as a leader in its category. The Kean family at Jackton Distillery have created a product that aims to be as smooth and tasty as possible, to entice both whisky lovers and those who would not reach for it. To allow everyone to share RAER moments with their family and friends.

With a focus on quality and being RAER, they control all stages of the production process. They are the first independent family-owned distillery to be able to grow, farm, and malt their barley as well as, brew, and distill its Scotch whisky. RAER have won the Scottish Whisky Awards two years in a row for their products.

Run by the 4 siblings, RAER continues to grow abroad and has made its first-ever launch into the United States. With limited supplies of the first shipment, it is now available in select stores in Florida and online at www.raerusa.com

EDITOR’S NOTE Spring Awakening: Elegance, Investment, and Innovation in a Changing World

As we transition into spring, a season marked by renewal and forward momentum, this edition of our publication is designed to resonate with the strategic mindset and sophisticated tastes of the global family office community. In this edition, we are thrilled to feature an individual whose life and achievements capture the imagination and admiration of many: Jackie Siegel, known affectionately as the Queen of Versailles. Gracing our cover, Jackie offers us a glimpse into her illustrious life, philanthropic efforts, and exciting new projects. Her story is a testament to the blend of ambition, style, and philanthropy.

In the realm of finance, we bring to the forefront voices that are shaping the future of investment. Sandro Salsano, with his unparalleled investment acumen, provides a critical analysis of current market trends and future opportunities. His perspectives offer a roadmap for navigating the complexities of today's financial landscapes.

As traditional investment vehicles undergo transformation, Todd Ruppert's insights into alternative investment strategies come at a critical time. His feature addresses the shifting dynamics in venture capital and private equity, offering guidance for maintaining growth in challenging market conditions.

Neal Berger of Eagle’s View Capital Management delves into the intricate world of investment strategy and capital management, providing our readers with a sophisticated understanding of how to achieve success in the face of redemption pressures.

Art and fashion are indispensable pillars of the luxury lifestyle, and in this issue, we celebrate the contributions of Alex Katz, an iconic figure in contemporary art whose works continue to influence and inspire. His feature is a tribute to the enduring impact of artistic vision and creativity.

Fashion takes center stage as Daniel Perry captures the quintessential glamour of Palm Beach through the dazzling creations of couturier Oscar Lopez. This season's fashion narrative is further enriched by our exclusive coverage of the Fall 2024 catwalks from

Milan and New York Fashion Week, where the latest trends and innovations were unveiled.

Our Spring issue is a testament to the vibrancy and dynamism of the luxury lifestyle, from the strategic insights of financial wizards to the creative genius of artists and designers. We invite our readers to immerse themselves in the pages that follow, discovering inspiration, elegance, and a season of unparalleled luxury and insight.

Hillary Latos Editor in Chief

Forde has brought his unique brand of entertainment to life, creating unforgettable experiences for his clients all over the world.

His journey has taken him from Long Island to South Florida, Seoul, South Africa, Rome, and Chicago, where he has left his artistic imprint. But that’s not allForde is also a fashion icon, recognized by ESPN as a style authority and Esquire magazine as America’s best dressed real man in New York and one of the top five best dressed men in America.

MICHAEL FORDE

This is the incredible story of Michael Forde, a world-traveling MC, choreographer, dancer, DJ, and event producer extraordinaire! For 30 years, he has been dazzling audiences with his talent, mentored by the best in New York City’s event planning and DJ industry. From dancing in the underground scene of 90s NY to touring with renowned DJs and producers, Forde has truly made a mark as a pioneer in the industry. His dedication to excellence is unwavering, ensuring that each event is a once-in-a-lifetime masterpiece.

EVENTS

His passion and talent as a designer and stylist shine through in everything he does. With his exclusive pop culture remix music edits and unparalleled sense of style, Michael Forde is setting a new standard in event production. Get ready to witness the artistry of America’s best Master of Ceremonies and creative event producer!

MForde.com info@mforde.com

+1 (929) 692 9138

Hillary Latos EDITOR IN CHIEF

Candice Beaumont MANAGING EDITOR

Emil Pavlov ART DIRECTOR

Charles Barnes, Jaime Pavon, Daniel Perry CONTRIBUTING PHOTOGRAPHERS

Neal Berger, Michael Klein, Jason Mulder, Amy Poliakoff, Emily Singer, Danielle Valkner, Tara Zarilla CONTRIBUTORS

Angela Gorman, Adam Weiss PUBLISHERS

Colin Thompson DIRECTOR OF SPONSORSHIP

Outsource the complexity, turn on the insights.

Meet Wealth Compass, your outsourced family office team.

It’s all part of The New Equation.

Learn more at pwc.com/us/wealthcompass

Family offices are exclusive and private entities designed to provide critical support to wealthy individuals and families, focused on helping the family achieve its goals and objectives, such as preserving and growing the wealth and safeguarding the confidentiality and privacy of the family. These organizations exist to serve the unique needs of affluent families and often function very discreetly. This inherent focus on privacy can sometimes lead to family office owners and staff lacking trusted networks to learn about emerging leading practices and operating trends, despite estimates of 6,000 family offices in the US, and another 5,000 that operate informally inside privately controlled businesses, according to the Family Office Exchange.

According to the North American Family Office Report 2022 by Campden Wealth, 33% of family offices reported a rise in staff numbers over the past 12 months. As the functions performed by family offices expand and evolve to match the growing needs of the families they serve, it can be very beneficial to evaluate opportunities to further optimize the family office services and operations. In this article, we delve into eight key categories of services that are commonly provided by family offices. We provide some questions in each of the eight areas for wealth owners and their advisors to consider when designing and evaluating a family office. These questions, among others, are intended to help family offices evaluate opportunities to improve their efficiency and effectiveness, or reduce risks within the family ecosystem, but are not an exhaustive list.

STRATEGY AND LEGACY

Strategy and legacy are fundamental considerations for multi-generational families. Establishing a family office to help steward these objectives is a significant commitment. It can provide stability during financial uncertainties and help preserve the family's legacy over multiple generations.

Questions to consider:

• How well-defined is the purpose of the family office? Is this clear to all family members?

• Do you have a comprehensive strategic plan, and how does it align with your long-term legacy goals?

• Have you assessed the needs and aspirations of multiple generations within the family?

• What human capital practices are in place to ensure the continuity of the family office and the preservation of wealth across generations?

Recommendations:

• Conduct a comprehensive family survey to understand the family's values and objectives.

• Develop a strategic plan that includes contingencies for different financial scenarios and generational transitions.

ENTERPRISE RISK

Every operating business manages risks to ensure its sustainability and success. A family office should adopt a similar approach. Identifying potential risks and developing mitigation plans is crucial to preserving the family's wealth and assets.

Questions to consider:

• What are the key risks (disaster planning, cyber, physical security) that your family office currently faces?

• How well-prepared are you to navigate financial crises or unexpected events?

• Is there a documented process for identifying, assessing and mitigating risks within your family office?

Recommendations:

• Perform a thorough risk assessment to identify potential threats.

• Develop a risk management framework and crisis response plan. It is important to have these plans in place to help you navigate a crisis. If you wait until you need it, it is too late.

CONTINUITY

Ensuring the continuity of the family office, its ownership and critical functions is crucial. Questions surrounding the ownership transition and decision-making processes should be addressed to maintain stability and prosperity over time.

Questions to consider:

• What does ownership and decision-making look like in the next 5, 10 or even 50 years?

• Is there a clear understanding of who the key stakeholders are within the family and family office system?

• Have you established continuity plans and policies for generational transitions?

Recommendations:

• Create a clear succession plan for family leadership and the family office that includes both family and non-family members.

• Develop governance policies that specify roles and responsibilities of stakeholders.

• Be proactive about education and leadership development.

INVESTMENTS

Many family offices are created to manage or oversee shared family capital. Effective investment management, whether internal or outsourced, is crucial for preserving and growing wealth.

Questions to consider:

• How are your family's investments currently managed, and what is the level of involvement from family members?

• Are there clear reporting and education mechanisms for family members involved in investment decisions?

• Do you have a comprehensive investment policy that addresses eligible investments, diversification requirements, and risk with appropriate governance and oversight provisions?

Recommendations:

• Implement a well-defined investment strategy that aligns with the family's financial goals.

• Foster financial education for family members involved in investment decisions.

• Establish a process to approve and oversee compliance with the investment policy.

OPERATIONS

Operational efficiency is a cornerstone of any successful organization. Developing a set of policies and procedures incorporating leading practices and embracing a culture of continuous improvement can streamline operations, enhance transparency, and improve accountability and overall performance.

Questions to consider:

• Do you have a documented set of policies and procedures to guide your family office's operations?

• How do these policies evolve over time and how often are they reviewed?

• How do you ensure transparency and accountability within your family office?

Recommendations:

• Develop a comprehensive operations manual which is reviewed on a consistent basis.

• Regularly review and update policies to adapt to changing circumstances and ensure alignment with family expectations and effective risk management (typically annually).

TECHNOLOGY

Technology plays a pivotal role in managing various services within a family office, from processing transactions to information access and reporting and analysis. Technology innovation continues to rapidly evolve across all industries and family offices are no different.

Questions to consider:

• How automated are your processes and have you surveyed the technology landscape for opportunities to upgrade or enhance your systems?

• Do family members have near real time access to information?

• What security measures and controls are in place to protect sensitive information and facilitate IT support when needed?

• Have you conducted a cyber security review?

Recommendations:

• Conduct an independent review of your technology capabilities and controls to identify areas for improvement and optimization.

• Name an individual within the organization to be responsible for technology innovation and security controls.

COMPLIANCE

Managing compliance and risks should be a year-round commitment, with regular assessments to identify strengths and weaknesses in your processes. Miscalculations or oversights can be costly, so ongoing vigilance is crucial.

Questions to consider:

• Is your family office treating compliance and risk management as an ongoing continuous process?

• Are the appropriate policies in place?

• How do you identify areas of strength and potential weakness in your compliance and risk management procedures?

• Are you making structural and process adjustments to improve efficiency and effectiveness?

Recommendations:

• Implement a continuous compliance monitoring system utilizing both technology and internal review processes.

• Conduct regular audits (internal and externally driven) and assessments to identify areas for improvement. Pay particular attention to high risk areas such as cash management, data integrity and cyber security.

GOVERNANCE

Governance is the overarching framework that influences all aspects of family office operations. It should be adaptable and reflect the current family ethos while being ready to evolve with generational changes.

Questions to consider:

• Do you have the right individuals and skill sets involved to effectively govern your organization?

• Is there active engagement from owners, family members and executives in maintaining and improving the governance structure?

• Is the governance structure supported by strong transparency, reporting and analysis?

Recommendations:

• Regularly assess and update the governance structure to ensure alignment with family values, needs and expectations. Governance will likely need to evolve as circumstances change and when younger generations start to get involved.

• Foster a culture of transparency and active participation from all stakeholders in governance discussions.

Family offices play a vital role in managing and preserving the wealth and legacy of affluent families. By asking crucial questions like the ones outlined above for each of the eight categories – strategy and legacy, enterprise risk, continuity, investments, operations, technology, compliance, and governance –family office leaders can help ensure that their organizations operate optimally and adapt to the changing needs of each generation.

PWC'S FAMILY OFFICE DIAGNOSTIC

PwC offers a Family Office Diagnostic assessment that consists of over 200 questions covering the eight categories mentioned above. This diagnostic assessment provides family offices with valuable, independent insights into their current operational status, risks and opportunities for enhancements. It also provides a benchmark by comparing family office practices against similar organizations. The findings and actionable recommendations offered by PwC's diagnostic can strengthen your family office's current strategy and provide a roadmap for improving the organization and its ability to effectively manage risk and serve the family for generations.

Navigating the Venture Landscape INSIGHTS FROM TODD RUPPERT

In an enlightening conversation with R. Todd Ruppert, founder and CEO of Ruppert International and a notable figure with over four decades of experience in the financial services industry, we delve into the shifting sands of the venture capital landscape, investment strategies amidst economic downturns, and the broader impact of Ruppert's work across various sectors globally. With a rich background that includes CEO and President at T. Rowe Price Global Investment Services and coPresident of T. Rowe Price International, venture partner at Greenspring Associates, and board positions in firms worldwide, Ruppert shares his comprehensive view on the recent tumultuous years in venture capital, offering a rare blend of optimism, strategic foresight, and practical advice for investors and entrepreneurs alike.

Drawing upon his involvement in a myriad of industries—from technology and financial services to arts and entertainment— Ruppert illuminates the challenges and opportunities that lie ahead. His insights into venture fundraising, investing, and the importance of investing during economic lows underscore a strategic approach to building sustainable, value-driven businesses. Beyond venture capital, Ruppert discusses his excitement for innovative firms and his philanthropic interests, demonstrating the depth and breadth of his influence in shaping future leaders and industries.

Q. As an active start-up company investor for twenty years, a venture partner at venture firm Greenspring Associates (now StepStone) for over a decade,  a current board member of venture capital

By Hillary Latos

firm Antler (www.Antler.co), and an advisor to other venture firms around the globe,  you are well placed to give us your view of the venture capital landscape, which has gone through ups and downs over the last several years.

It most certainly has! Venture fundraising, investing, and exit activity through both IPOs and M&A activity accelerated quite significantly from 2018 through 2021 and then abruptly reversed course very sharply. The increase in inflation and resulting Fed interest rates hikes in 2022 and 23, combined with concerns about a potential recession, resulted in steep declines from year end 2021 through year end 2023 of 61% for venture fundraising, 51% for venture investing , and a staggering 92% for exit activity.  To put a more dramatic accent on that, in 2021 there was almost $800

billion in liquidity events through IPOs and M&A activity.  This declined to $79 billion in 2022 and $62 billion in 2023. To put that in historical perspective, there were $103 billion in exits in 2017, $128 billion in 2018, and $252 billion in 2019.   The exit environment essentially evaporated. This low exit activity will result in continued low fundraising in 2024 as LPs are not receiving distributions to reinvest. This low exit activity will probably remain until there is better clarity on the direction of interest rates, whether or not we will suffer a recession, better alignment on pricing between buyers and sellers, and some successful firms leading the charge. That said, most believe that the direction of interest rates is heading lower and we will not enter a recession. Further, there is a good cohort of companies ready to lead the charge –Reddit, Klarna, Stripe, Databricks, and others.

Q. So what is one to expect going forward?

I think that so much froth has come out of the market that now is an attractive time to invest. Rothschild famously said, “Buy when blood is running in the streets.” Let me give you some stats and thoughts to support this view.   In the public markets, revenue multiples for high growth SaaS companies declined from a peak of 32.4X at the end of 2021 to less than 7X at the end of 2023, and revenue multiples for high growth consumer and internet companies declined from a peak of 19.2X to 2.4X.  2021 had wildly inflated valuations driven by these sky-high multiples – temporary insanity, I’d say – which we now know collapsed back to reality. The decline in the public markets was mirrored in the private markets with stages closer to the public markets declining the most and stages

furthest away from the public markets being insulated. Median pre-money valuations for Series E rounds declined 74% Series D declined 64%, Series C declined 47%, Series B declined 45%, Series A declined 17% and Seed declined 4%. Later stages are cyclical while very early stages are evergreen – they are more immune from macroeconomic forces.

While we all know there is power law mathematics in venture investing, i.e., a few winners mask numerous losses, there is also power law mathematic in vintages. Vintages following periods of economic dislocation perform better. Why is that? There is more talent available and it’s cheaper. Numerous tech workers have been laid off and firms are not hiring. Do you think they are going to sit at home and play video games? No, they are starting companies. Also, those not

laid off have their options underwater so the economic opportunity cost of quitting to start a company has declined. Further, with the acceleration in adoption of the cloud and AI the cost of starting a company is lower and productivity is higher. To take this further, individuals who were shaken by plunging valuations are now more focused on value creation – building a profitable, sustainable business, versus an obsession with valuations. They are more focused on unit economics and profitability than growth at all costs. All of this is very positive for investing now. And history supports this. Here is a short list of generational defining companies that were formed during or shortly after economic downturns - Microsoft, Google, Amazon, LinkedIn, Salesforce, PayPal, Airbnb, Uber, WhatsApp, Square, Stripe, Dropbox, and the list goes on.  Starting a company is not a market timing exercise –successful companies have been created in all economic climates -but there has been added wind in the sails to those started when the economic chips were down.

So, I believe investing at the pre-seed stage over the next several years will prove to have been an excellent time to invest in venture capital. And that doesn’t go just for the US, it’s universal around the globe. This is a reason why I’m so excited about Antler, the largest company builder globally. Last year over 130,000 entrepreneurs applied to the numerous Antler three month residency programs around the globe. Less than 3% were accepted and from than only about 40% were funded. And since this is all proprietary, there are no other angels or venture capital firms bidding up the valuations. So very low valuations result in already built in alpha.

You are an investor in and advisor to private equity firm Access Holdings (www.accessholdings.com). Tell us what excites you about that.

Access Holdings, based in my home town of Baltimore, is a lower middle market build and buy PE firm focused on essential servicebased businesses operating in low volatility industries in fragmented geographies and with predictable and indefatigable demand throughout economic cycles (car wash, funeral homes, school busses, pest control, fire and safety, marinas, insurance,

etc.).  Importantly, they buy businesses they want to own rather than businesses that are for sale. Further, they very actively utilize data and digital tools, and transfer those tools, processes, and functional playbooks to their platform companies to create value asymmetry at velocity. It’s a very differentiated strategy. Employing digital tools and a visualization platform to rapidly gather and evaluate a tremendous amount of information about markets, businesses, and customers leads them to find potential partners without an intermediary auction process. Access has dedicated two floors of its headquarters to advancing and sharing the firm’s capabilities in research, digital lead generation, data analytics, and contemporary communications with its portfolio companies to work together toward a shared vision. Accolades about this approach were provided by BluWave, the Business Builders’ Network, that recently released its third annual Top Private Equity Innovator Award. It selected Access Holdings as the top private equity innovator out of 5,000 private equity firms analyzed.

The firm was a non-fund sponsor up until 2020 when they raised their first fund of $340 million ($250 million on the cover).  They closed Fund II in July 2023 at $525 million with $275 million in co-investment commitments.  Co-investment in every investment is offered at no-fee and no-carry.

Q. Outside of VC and PE firms, what other companies are you involved with that excite you?

I am involved with a lot of companies all over the globe in different industries that excite me. I’ll highlight just a few where I am an investor and board member.

www.saxavord.com

The Shetland Space Centre on the island of Unst in Scotland’s Shetland Islands. We are the only firm in the UK and Europe to have received a license to launch satellites. We can launch up to 31 per year, but that should increase. Our tag line is “Up Unst and Away.” A sister company established and operates the UK’s northern most gin distillery and whiskey distillery.

www.8pod.com

We’ve been working on this for years.  In a nutshell, this firm, with offices in Australia,

Israel, UAE, Ukraine, and the US, finds and delivers unknown fans to rights-holders and sponsors. It’s a channel for every rightsholder, sporting team, player, and celebrity to sell back to their own sponsors. My partner in this company, Adrian Steirn, was Nelson Mandela’s private photographer and videographer.

www.culture3.com

London based Culture3 explores where technology, creativity, and hope meet to chart a better path for the future. We elevate technologists building new possibilities, creators defining positive vision for the future, and hope from those connecting ideas about a better future to the actions that change our world. It’s fascinating.

www.moltencloud.com

This Cambridge, Mass based company is the next generation for media operations. We seamlessly connect rights, royalties,

and content operations all in one cloud platform for unparalleled efficiency. We are trusted by film and TV companies across six contents to manage hundreds of millions of rights and petabytes of content. The founder was the only person to win the MIT Media Lab technology competition two years in a row. He was a math champion and musician in India before coming to the US.

www.peko.one.

This Dubai based company is an all-inone platform for SMEs to manage all of their payments, expenses, travel, and insurance, plus we automate operations.

www.afriex.co.

The Nigerian base company offers a quick, reliable, and trusted app for international money transfers. They are disintermediating the expensive remittances industry.

Q. You’ve done a lot in the arts having been executive producer of three films, co-producing a musical,  cofounding www.iconicimages.net, and chairing US art valuation and advisory firm Pall Mall Art Advisors. What excites you now in that space?

I’m an investor in and advisor to London based www.MTArt.Agency. It is the world’s largest and leading talent agency for artists. They have done numerous public installations globally with the artists they represent. MTArt Agency is the first UK company in the art sector to have a B Corp status. The founder, Marine Tanguy is a force of nature. She was a Forbes 30under30.  She’s just written a book that was released in March titled, The Visual Detox – How to consume media without letting it consume you. It’s all about how the imagery we see shapes our wellbeing.

Another firm is www.artmoney.com. This Australia and UK based company enables buyers of art from $5,000 to $1 million to buy art in 10 monthly interest free installments. Think buy-now, pay-later for art. They work with over 2,000 galleries globally. It helps democratize art.

Q. Tell us about some philanthropic interests you have?

Several areas of keen interest to me and where I am on the board are The International Centre for Missing and Exploited Children and the Rock & Roll Hall of Fame. What many people do not know is that the Rock & Roll Hall of Fame does a lot to help inner city underprivileged children. I am also the chairman of London’s Royal Parks Foundation.  My wife and I also support cancer research as one of our daughters and my brother are both cancer survivors.

Q. What are a few of the leadership lessons you have learned and have imparted on the firms you work with?

There are a lot, and I’m sure I have much more to learn. That said, I think it’s very important to always lead with empathy, kindness, optimism, and the critical importance of teamwork and respect. Transparency enhances teamwork, and teamwork enhances success. I’ve also felt it important to build people up. Happy people are more productive people. If you focus on their faults, they will lose confidence in their strengths. I’ve always believed that winning is not about me or us, it’s about the customer. Always put clients’ interests first. They are the center of everything we do. If our interests are aligned with their desires, we both win. When they succeed, we succeed.  All that said, make people accountable. Every project has an “owner”. Hold yourself and others accountable. And don’t just do it, think hard about it first.

REVOLUTIONIZING E-COMMERCE HoverIT's Journey Towards Personalized online Shopping

By Hillary Latos

In an era where e-commerce is burgeoning, the challenge of personalization and engagement in online shopping is more prominent than ever. Enter HoverIT, a trailblazing venture by James Flanagan that's poised to redefine the landscape of e-commerce through innovative personalization and a robust affiliate revenue model. Impact Wealth delves into the genesis, vision, and future of HoverIT with CEO James Flanagan.

The Genesis of HoverIT

The story of HoverIT begins amidst the global turmoil caused by the COVID-19 pandemic. Originally conceived to support local businesses through a dedicated platform, HoverIT's success on this front led its founder, James Flanagan, to pivot towards a more ambitious gap in the market: personalization in e-commerce. Unlike the general trajectory of digital personalization seen in platforms like Spotify or Netflix, the e-commerce market remains largely manual. In the world of e-commerce, consumers still need to first know what they want and seek out products, rather than intuitively being served products based on their interests. A recent survey from Meta found that 87% of online shoppers are open to discovering new products that match their interests.

The Vision: A Personalized Shopping Revolution

HoverIT's vision is a seamless, personalized shopping experience that mirrors the curated nature of content consumption on today's leading digital platforms. This involves moving beyond the limitations of current e-commerce environments, which often segregate brand discovery and purchasing into disjointed experiences. HoverIT aims to integrate these aspects, leveraging the power of brand ambassadors and influencers to drive traffic and conversions in a way that benefits all parties involved: the consumer, the brand, and the influencers themselves.

Affiliate Revenue: A Game-Changer

At the core of HoverIT's business model is its affiliate revenue system, which capitalizes on the burgeoning affiliate marketing industry.

“81% of major brands are currently using affiliate marketing,” Luke Falvey, COO of HoverIT shared. “The industry is expected to double from $17 billion to $40 billion in the next six years. By affiliating with leading networks and offering a more compelling proposition for brands to connect with their ambassadors and consumers, HoverIT not only facilitates a more engaging shopping experience but also maximizes ROI for its partners.”

The Power of Precision Tags

A key innovation driving HoverIT's platform is the introduction of "Precision Tags," which allow users to filter and shop their favorite brands, ambassadors, and products effortlessly. Whether it's shopping for sports apparel by a favorite athlete or exploring fashion lines endorsed by celebrities, Precision Tags make it easy for consumers to find and purchase products in a highly personalized manner.

The Future of HoverIT

With the infrastructure to support a vast array of products and brands through seamless integration with the major Affiliate Marketing Networks, HoverIT is strategically positioned to become a significant player in the industry. The company's timing couldn't be better, with personalization in e-commerce identified as a key trend by global tech leaders and the market ripe for innovation. “Scalability and user acquisition are typically two of the biggest challenges start-ups face, so we designed HoverIT to scale from day one” says Dillon Falvey, Strategic Advisor. “We don’t need to start from scratch or hire an influencer to help us break the internet –through strategic partners, we will tap into an existing global userbase and deliver a commerce-first discovery solution at scale.”

A Confluence of Vision and Support

Significantly, HoverIT's ascendancy is bolstered by the backing of notable figures from the worlds of sports and technology, including the likes of Patrick Murray, a former placekicker for the Tampa Bay Buccaneers and the Cleveland Browns and Amer Iqbal, former Head of Digital Transformation at Meta. Their investment and faith in HoverIT's vision underscore the platform's potential impact not only on e-commerce but also on how sports and athlete endorsements drive consumer engagement and purchasing decisions. This prestigious support network is instrumental in propelling HoverIT towards its ambitious goals, marking a paradigm shift in how we perceive and engage with e-commerce.

HoverIT are currently in the midst of a capital raise through their partner in the US, Athlon FO, aimed at fuelling their next stage of growth. Athlon FO has experience in the sports world, one of their most recent raises was the Smith Arenas project in partnership with the Gronkowski family.

A Paradigm Shift in E-Commerce

HoverIT represents a bold step forward in the evolution of online shopping. By harnessing the power of personalization and the effectiveness of affiliate marketing, it promises to deliver a shopping experience that's not only more engaging for consumers but also more profitable for brands and influencers alike. As e-commerce continues to grow, HoverIT's approach could very well become the new standard, making the act of shopping online as personal and intuitive as streaming a favorite show or listening to a curated playlist. In the words of James Flanagan, "we're not reinventing the wheel; we're making it roll smoother for everyone involved." With its innovative platform and the strategic backing of sports world luminaries, HoverIT is set to pave the way for the future of personalized e-commerce, transforming how we discover and purchase products online.

NAVIGATING GLOBAL FRONTIERS Sandro Salsano's Strategic Vision from Lake Como to Panama

In the realm of international business and high-impact philanthropy, the trajectory of Sandro Salsano stands out as a beacon of strategic foresight, unwavering commitment, and philanthropic leadership. Originating from the picturesque settings of Lake Como, Italy, Sandro's journey encapsulates the essence of transformational leadership and the profound impact of informed, global-minded investment strategies. This narrative is a deep dive into the life of a self-made entrepreneur whose roots in a modest, education-centric family in Italy propelled him onto the global stage, culminating in his influential role in Panama's burgeoning investment landscape.

By Hillary Latos

Elevated by a scholarship-driven educational journey through Italy's prestigious Bocconi University, Sandro's early life was marked by a profound appreciation for the doors that education can open. Transitioning from dreams of becoming a professional basketball player to embracing the rigors of academia and international business, his path is a testament to the power of adaptability and strategic planning. Sandro's professional odyssey has spanned continents, from valuable internships in Europe to academic pursuits in the United States, each step enriching his understanding of the global business ecosystem.

However, it was Sandro's strategic relocation to Panama, prompted by an intriguing invitation from a prominent family, that heralded a new era of opportunity and influence. This move was not just a geographical shift but a strategic positioning within one of Latin

America's most dynamic economies, reflecting Sandro's ability to identify and leverage emerging market opportunities.

Sandro is a Young Global Leader of the World Economic Forum whose business acumen, strategic investment philosophy, and his philanthropic initiatives have made significant contributions to education and social progress and philanthropy.

Give us a brief overview of your background and how you came to live in Panama?

I grew up dreaming of a future far beyond my humble beginnings in Lake Como, Italy. My educational journey began at Milan's Bocconi University, thanks to a scholarship that marked the start of an incredible path. Coming from a modest background, with my mother working as a teacher, scholarships were crucial in my academic

pursuits. Today, my wife and I are committed to giving back through philanthropy, focusing on educational scholarships

As a child, my dream was to play professional basketball, ideally in the NBA. Despite some success at the junior level, a mentor's advice to prioritize education over a fleeting athletic career redirected my focus to higher education at Bocconi University. This institution, known for its elite status and notable alumni like Mario Draghi, set the stage for my academic and professional journey.

After completing my studies in Milan, I pursued further education in the United States, choosing an MBA exchange program in San Diego, California. This period not only enriched my academic knowledge but also allowed me to experience the Californian lifestyle, a dream of mine. Later, I was honored to join the board of trustees and the Investment Committee for the

endowment of the university that had played a significant role in my education.

Looking back, I am deeply thankful for the support and guidance from family, friends, and mentors. Surrounding myself with loyal and intelligent individuals has been instrumental in my personal and professional growth.

My journey to Panama began unexpectedly 15 years ago while I was engaged in real estate investments in Miami. An invitation from a prominent Panamanian family to explore investment opportunities in Panama introduced me to this vibrant country. Initially, I had no plans to establish a base here. However, after meeting my future wife—introduced to me by her father, a significant developer and business magnate in the region—I found both a personal and professional connection. My father-in-law built a conglomerate in the region encompassing mining, real estate development, the cement industry, construction materials, logistics and banking innovation which inspired me greatly. I had instant chemistry with his daughter who also speaks perfect Italian, long story short we got married and recently celebrated our wedding anniversary.

Can you provide an in-depth overview of your investment strategy, including the specific criteria you use to identify opportunities?

Our investment strategy is multifaceted, combining elements of value investing, contrarianism, and a focus on long-term growth prospects and covers both direct investments as well as LP positions in fund managers. When evaluating potential investments, we look for opportunities that offer a significant margin of safety, meaning that the current price of the asset is substantially below its intrinsic value. This approach allows us to minimize downside risk while positioning ourselves for substantial upside potential.

Can you elaborate on the specific regions you are currently focusing on for investment, and the reasons behind your focus on these areas?

Our investment focus is primarily on two regions: Latin America and emerging markets more broadly, and liquid markets, with a

particular emphasis on the United States and Asia.

In Latin America, we see significant potential for growth and value creation across various sectors and industries. This region has historically been overlooked by many investors due to concerns about political instability,

economic volatility, and governance issues. However, we believe that these challenges are gradually being addressed, and there are compelling opportunities emerging as a result.

Specifically, countries like Brazil, Mexico, and Argentina offer attractive investment prospects due to their large and growing

populations, abundant natural resources, and expanding middle class. Additionally, recent developments such as Brazil's accession to organizations like OPEC indicate a shifting economic landscape that presents opportunities for savvy investors.

In addition to Latin America, we are also actively exploring opportunities in liquid markets, particularly in the United States and Asia. These markets offer greater liquidity and transparency compared to many emerging markets, making them attractive destinations for investment. In the US, we see opportunities in sectors such as technology, healthcare, and consumer discretionary, where innovative companies are driving growth and creating value.

Similarly, in Asia, particularly in countries like China and India, we see significant potential for growth and value creation. These markets are home to some of the world's fastest-growing economies and

offer exposure to dynamic industries such as e-commerce, fintech, and renewable energy.

Overall, our investment strategy is guided by a combination of bottomup fundamental analysis and top-down macroeconomic research, allowing us to identify attractive opportunities in both emerging and developed markets.

How do you assess investment opportunities in Latin American markets, and what specific factors drive your interest in this region?

When evaluating investment opportunities in Latin America, we take a comprehensive approach that involves assessing both macroeconomic trends and company-specific fundamentals.

From a macroeconomic perspective, we look for countries with stable political environments, sound monetary policies,

Overall, our investment strategy is guided by a combination of bottomup fundamental analysis and topdown macroeconomic research, allowing us to identify attractive opportunities in both emerging and developed markets.

and favorable demographic trends. Additionally, we consider factors such as GDP growth rates, inflation levels, and currency stability, which can impact investment returns and risk profiles.

Specifically, there are several factors driving our interest in Latin America as an investment destination. First and foremost is the region's large and growing population, which presents significant opportunities for companies operating in consumer-facing industries such as retail, healthcare, and financial services. Additionally, Latin America is rich in natural resources, including oil, gas, and minerals, which can provide a source of competitive advantage for companies operating in the energy and mining sectors.

Furthermore, recent developments such as Brazil's accession to organizations like OPEC indicate a shifting economic landscape that presents opportunities for investors. As these countries continue to modernize their economies and implement structural reforms, we believe there are compelling opportunities emerging for investors with a long-term horizon and a willingness to navigate the region's unique challenges.

How do you assess investment opportunities in liquid markets compared to private equity, and what factors influence your allocation between these two asset classes?

When evaluating investment opportunities in liquid markets versus private equity, we consider a variety of factors, including risk-return profiles, liquidity, and investment horizon. We also try to identify the best fund managers who manage capital with low beta.

In liquid markets, such as public equities and fixed income securities, assets can be bought and sold readily on public exchanges, providing investors with greater liquidity and transparency. This liquidity allows for more flexible portfolio management and the ability to quickly adjust positions in response to changing market conditions. Additionally, public markets offer a wide range of investment opportunities across various sectors and geographies, allowing investors to build diversified portfolios with relatively low transaction costs.

In contrast, private equity investments typically involve taking stakes in privately held companies or assets that are not traded on public exchanges. While private equity investments offer the potential for higher returns compared to public markets, they also tend to be less liquid and have longer investment horizons. Private equity investments can also involve higher fees and expenses compared to public market investments.

When allocating between liquid markets and private equity, we consider factors such as our investment objectives, risk tolerance, and liquidity needs. For example, we may allocate a larger portion of our portfolio to liquid markets if we have short-term liquidity needs or a lower risk tolerance. Conversely, we may allocate more capital to private equity if we have a longer investment horizon and are seeking higher returns.

Photos by Jaime Pavon

ROLLING TOWARD SUCCESS The Inspirational Journey of Scott's Protein Balls

By Hillary Latos

In 2020, amidst a world grappling with uncertainty, a small beacon of hope and health emerged from the entrepreneurial spirit of Lori and Scott Levine. The inception of Scott's Protein Balls wasn't just a venture into the health food market; it was a heartwarming narrative of love, resilience, and a shared commitment to well-being that resonated deeply with those who encountered their story.

The genesis of Scott’s Protein Balls traces back to a challenging period in 2017 when Lori was diagnosed with breast cancer. This life-altering experience propelled Lori and Scott toward a steadfast commitment to clean eating and living. However, finding a truly healthy, tasty snack that aligned with their nutritional needs proved elusive. It was this gap in the market that sparked an innovative idea in Scott. Determined to support his wife, he embarked on a mission to create the perfect snack: a plant-based, all-natural protein ball free of soy, dairy, gluten, and unnecessary additives.

Scott’s culinary experiments were driven by a desire to fuse health with taste. He meticulously chose ingredients known for their nutritional value, such as organic chia seeds, ground flaxseed, whole grain oats, and natural sweeteners, paired with peanut or almond butter for a rich, satisfying texture. The result? A protein-packed, allergenfree snack that didn't just meet Lori’s needs but exceeded them.

Word of these delectable protein balls quickly spread among friends and family, leading to a soft launch on Instagram in 2020. By May 2021, with a dedicated website and redesigned packaging, Scott's Protein Balls began to carve its niche in the health food industry. The brand’s ethos, coupled with its founders' story,

garnered attention from media outlets, including a spotlight on Good Morning America, which catalyzed an overwhelming influx of orders and solidified the company's potential in the market.

Lori and Scott's journey from a personal quest for health to the helm of a growing business is a testament to their entrepreneurial spirit. Their venture has since expanded its reach to over 100 retail locations, including notable partnerships and a significant presence in airports and supermarkets across New York. Among the notable retail partners that have embraced Scott’s Protein Balls, the Marshall Retail Group stands out, featuring the product in multiple locations at LaGuardia Airport and the NY Minute location at JetBlue’s Kennedy Airport terminal. This strategic placement has introduced travelers to a healthier snack alternative, making it possible for individuals on the go to maintain their dietary preferences without compromise.

The partnership extended into the bustling hubs of Newark Airport, Penn Station, and Moynihan Station in New York City, following an agreement with Marshall Retail group (now WH Smith). This expansion into key travel and commuter locations underscores the brand's appeal to a wide audience, including those who value convenience without sacrificing nutritional quality.

In addition to these travel-centric outlets, Scott's Protein Balls has also made its way into the aisles of Long Island's supermarket chain, King Kullen, and its sibling, Wild by Nature. This inclusion in local supermarkets allows the brand to reach a diverse customer base, from busy professionals seeking quick meal replacements to health-conscious families looking for nutritious snack options.

Furthermore, the product's acceptance into Village Supermarkets in NYC, including Fairway, Gourmet Garage, Citarella Markets, and the Foodtown chain, as well as the upcoming launch into Oakberry, a chain known for its Acai Bowls, with nearly 100 stores across the US, reflects the brand's growing appeal. Scott's Protein Balls has not only scaled production but also strengthened its commitment to the community by donating a portion of all sales to the Breast Cancer Research Foundation. They also proudly support the Samuel Waxman Cancer Research Foundation and were honored at the annual Hamptons Happening Gala last summer. The decision to feature Scott’s Protein Balls in these locations is not just a business expansion but also an affirmation of the product's quality and the founders' mission to promote healthy living.

The Levines’ journey underscores the essence of entrepreneurship: identifying a need, passionately pursuing a solution, and making a meaningful impact. Their story is not just about the success of a small business but about how adversity can be transformed into an opportunity to contribute positively to others' lives.

Scott’s Protein Balls stands as a symbol of resilience, health, and the power of community. It's a reminder that from personal challenges can emerge innovative solutions that not only address a market need but also inspire others to pursue their paths of entrepreneurship with heart and determination. In every protein ball that rolls out of “Scott's kitchen,” there lies a story of love, health, and the unwavering belief in the possibility of creating something transformative out of life's unexpected turns. Scottsproteinballs.com @scottsproteinballs

ANATOMY OF A REDEMPTION

By Neal Berger CIO/Founder, Eagle’s View Capital Management, LLC

I have personally been allocating to hedge funds for over 27 years. My Firm, Eagle’s View Capital Management, LLC has been allocating to hedge funds for approximately 19 years since its inception. One topic that repeatedly arises with investors is regarding portfolio turnover and exiting from Fund Managers. We are often asked how or why we redeem from a Manager. Within this article, I'd like to provide some brief reasons as to what might trigger us to redeem from a Manager. Please keep in mind that this is not meant to be an exhaustive list as each situation is different and has a variety of circumstances. Furthermore, this is merely a guideline of some of the reasons we might exit a Manager or a strategy.

Manager hits our stop loss

When we invest in a new Fund, we have a general idea of how much we are willing to lose with the Manager. This figure is based upon our qualitative assessment of how bad we believe things can get with the strategy under a variety of conditions. Obviously, a global macro manager will need to have a wider stop-loss than a statistical arbitrageur. In part, this stop loss is also based upon prior conversations with the Manager as to outer boundaries of loss expectation, the Manager's prior record, and simply the amount we are willing to lose with this Manager.

Manager experiences style drift

In short, we want what we thought we are buying. If the Manager is no longer delivering what we had originally bargained for, we must re-evaluate the new direction and strategy as if we were evaluating the Manager/Fund for the very first time. This does not trigger an immediate redemption if we re-underwrite the strategy modification and endorse the evolution of the business. As the economic and financial market landscape is constantly evolving, so too must our Managers. Hedge funds are all 'works in progress' and continue to evolve to meet the changing market. That said, we must believe that the Manager/ strategy continues to have an 'edge' and we must feel that the evolution of the business/ strategy is appropriate in the context of the Manager's experience and consistent with the Manager's prior proven abilities.

We simply get it wrong

There is no sin in making mistakes. The sin is not correcting these mistakes, once recognized, as quickly as possible. If we get it wrong, we get out as quickly as we can. We shed no tears and we don't look back. It's simply part of the human condition to make mistakes and last I checked; we are human at Eagle's View.

Manager is not delivering upon expectations

When we invest in a Manager, we have a certain set of expectations relative to returns and relative to risk management. We attempt to assess what we believe a strategy/Manager will deliver from both perspectives and we simply monitor the performance of the Manager visa vi those expectations. We are less likely to tolerate poor risk management than we are to tolerate performance that is below our expectations over a reasonable period of time.

Inefficiency/Edge of the strategy has degraded or dissipated

Eagle's View seeks to invest with Managers who are deploying strategies that have an 'edge' and positive expectancy. These strategies are often capitalizing upon a structural inefficiency in the market. Market inefficiencies are a zero-sum game, and we must constantly monitor the demand/ supply equation of these inefficiencies. In other words, the ratio of the amount of

inefficiency available versus the amount of money chasing that inefficiency. Most market inefficiencies will degrade and dissipate over time as they get arbitraged away. New inefficiencies are always being created based upon changing economic conditions and changing market conditions and developments. It is our job to monitor the demand/supply equation for inefficiency within certain strategies and attempt to be pre-emptive in exiting opportunities that no longer operate in a fertile environment and enter new opportunities that have arisen.

Key Man turnover/loss

If the individual or team responsible for a sizeable portion of the Manager's success leaves the Firm, we generally want out. We will sit on the sidelines and watch if/how that Manager can rebuild. In addition to the obvious loss of talent, the flight of a key individual or team may indicate something wrong within the overall organization. Either way, we generally do not want to sit still as the train is approaching. We'll shoot first and ask questions later.

Again, the above list is not nearly exhaustive as there are many other reasons having to do with operational issues, personality issues, integrity, etc. that may trigger us to redeem at any time. While we do not make decisions to invest lightly, we are, at our core, traders of traders. We must stay nimble, aware, and opportunistic always. Historically, we've redeemed from about 10-20% of our Managers per year and we've tended to add a similar amount. That said, we have no guidelines regarding this. We hope to never need to redeem from any of our Managers. However, if it were necessary, we'd turn over the entire portfolio if we felt it needed to be done.

Eagle's View Capital Management, LLC seeks to invest in a series of highly diversified positive expectancy investments, with a heavy overlay of risk management, due diligence, and diversification generally within 'niche-oriented' hedge fund strategies that experience little or no correlation to the broader market indices. We are simply looking for businesses and Managers who are capitalizing upon a structural inefficiency in the market. Our mantra of investing in non-correlated, 'nicheoriented' strategies continue to serve us well.

ALEX KATZ The Simplicity of Complexity

By Michael Klein

Quarter Moon, 1987.Oil on canvas. 54 1/2 x 72 inches (138.4 x 182.9 cm). Courtesy Peter Blum Gallery

"I like to be pleasant and simple," says Alex Katz, succinctly capturing his artistic essence. Despite some critics and historians challenging the relevance of biography in art, arguing that art should transcend personal stories in favor of theory and systematized ideas, Katz offers a contrasting view. He sees art as an organic collection of starts, stops, and events—a habit nurtured over time, transforming into talent that feels both innate and perpetually fresh with each engagement.

For many, art is inherently biographical, with the artist's circle—patrons, critics, lovers, family—often weaving their way into the work, sometimes without intention. However, in Katz's work, this integration is a deliberate act of inspiration.

Reflecting on Katz's evolution, we observe a shift from intimate close-ups in the '60s and '70s to broader scenes of couples or groups in later decades. His style, unmistakably his own, defies the expectations of Realism with its unique elegance. A prime example is "Ace Airport" (1998), which epitomizes Katz's modern, elegant approach—an airport scene where specifics are secondary to the relaxed atmosphere of the subjects, encapsulating modern life where technology and humanity intersect seamlessly.

Katz works with the diligence of an observer, capturing the subtleties of daily life that others might overlook. Unlike the Abstract Expressionists, such as Monet and Matisse who used action painting to explore paint's

physical properties, Katz's action is in the act of looking, finding inspiration, and then conveying those observations through his art.

Though a contemporary of many of the Ab Ex painters, Katz’s choice for himself was not in alignment with the New York School but instead he followed a more personal, autobiographic in many ways, exploration that began with drawing and ended with first small scale works and gradually grew to monumental paintings on the scale of the great 18th and 19th century Salon masters.

His painting style, refined and limited in color and texture, emerged as a counterpoint to the abundance of paint characteristic of his era. While many of his contemporaries delved into the exploration of their psyche and emotional temperaments, Katz drew inspiration from his immediate surroundings—his son Vincent and wife Ada to his illustrious friends including poets, art world figures and dancers to selfportraits, echoing the traditions of artists like Degas, Bonnard, and Picasso, who also turned to their personal lives for subject matter.

For Katz, familiar faces become well regarded portraits, private lives made public and visible through wonderfully mastered paintings that, like all of Katz’s work, are simple, refined and well meted out a balance of color and form. These portraits can be singular or collective where the subject appears multiple times such as The Black Jacket 1972 or a gang of portraits called Men in White Shirts from 2005 and most recently a silkscreen print portfolio called Black Dress comprises nine vertical prints each an image of a women dressed in the classic little black dress. Katz takes the portrait and expands it as repertoire piece something that can be explored, restated, or redefined.

Married in 1958, Ada Katz became an important part of Katz’s oeuvre appearing in dozens of canvases, prints and the artist’s unique cut outs. To honor this unique partnership the Jewish Museum mounted an exhibition in 2006, Alex Katz Paints Ada. Among the essayists the art critic and curator Lawrence Alloway whose 1981 essay, The Constant Muse, explores not only who Ada was as a physical model and presence but that over time she represents the shifts in Katz’s style from a loose painterly representation to one more linear and defined. Times change

ADA SMILING, 1993. Oil on canvas .60 x 48 in. / 152.4 x 121.9 cm. Marlboroughgallery.com

Autumn 4. 2022. Oil on canvas. 54 3/8 × 108 3/8 inches (138.1 × 275.3 cm). Courtesy of GRAY Chicago/New York.

and of course Ada changes, fashion changes, locales change…Ada is both a constant in Katz’s life and an extraordinary measure of those changes over the course of several decades.Portraits are Katz’s life work: profiles, three quarters views, close ups. Each is a study of the shape structure and form of the sitter’s face, generally broad contrasts of tones with few highlights. It is less about who that sitter is and more about how that sitter appears as a model of their best self.

Many friends and associates have also been an influence on who and what Katz paints. The long list includes poets, writers, curators, dancers, and other artists: Kenneth Koch, Edwin Denby, Frank O’Hara all played an important role in Katz’s development as a painter and a thinker. But Katz was closest to Allen Ginsburg, the Beat poet and author of Kaddish. Ginsburg was also a champion of individual liberation. Katz also applied the notion of personal liberation to his art, expanding what he imagined figurative painting to be. He enlarged the physical size and field of the painting. Compositionally, he

multiplied or repeated figures or he cropped them in such a way that the tension between form and field held the viewer’s attention immediately. And in an entirely separate body of work, he created free standing painted cut outs. These figures now existed in the same space as the viewer much like a prop on the stage. The theater here being the real world.

Over the years Katz has transformed small oil studies and easel size paintings into large canvases and murals. The horizontal nature of his canvases exaggerates the idea of “cinema“ and “modernity.“ Ed Ruscha has used a similar format and both artists employ this structure to explain place or scene where their canvas needs to say less, show less, but impact more. It’s hard enough for Katz to represent the world but rather than fill it up endlessly with seemingly infinite quantity of details that abound, the emphasis remains on the figures or subjects themselves that are demonstrating the narrative within each painting. In Ace Airport, two figures and the fragment of an airplane are against a panorama of a sky…this concept of

simplicity and classical restraint remains important to Katz over the past many years.

For all the faces, heads, portraits and figures he has depicted over the years he is not representing the character of relationships or the psychology of the sitter good, bad, or otherwise. There is no psychological turmoil in these works, he has left that to others, Alfred Leslie for example. Instead, Katz simply paints what he sees, what he finds before him without any editorial comments other than those that affect the shape, the pose and the placement of his figures and the setting itself. Perhaps this is the reason many consider him a Pop artist? Is it that somehow without a strong emotional predicament at play, he is simply a prankster playing with the world and making it all light and breezy? One cannot read Katz as cynical or camp or critical in his attitude the way you might approach and respond to Warhol or Lichtenstein. Both of those artists are re-using an inventory of culturally derived images whether from the world of the media or advertising and pushing those images into

the world of art. Far from the ideas of Pop art to quote Katz: “I’d like to make an image that is so simple you can’t avoid it and so complicated you can’t figure it out.” Katz is more philosophical about his ambitions; his views are that of a painter who thinks through his paintings like an Old Master and wants to finish them like a great Modernist.

Among Katz’s most successful themes are groups of people starting with a 1965 painting called The Cocktail Party. It is a contemporary scene, an event in a loft, drinks in everyone’s hands and cigarettes. The windows that function as a backdrop to the crowd of figures open to a view of New York City at night. The interplay of figures, the night environs, and even the palette would follow in the next decade continuing the themeof groups: February 5:30 PM, 1972; Thursday Night 2, 1974 or Round Hill, 1977 in the LA County Museum of Art’s collection.

Katz is deliberately more inventive in his way; weaving colors and flat forms to create the scene and atmosphere of his downtown party, a sequence of color silhouettes set against a backdrop of dark city. His guests are close together, intimate and enjoying the mood and the celebratory event.

Katz has two more important themes in his repertoire: the city and the country. Born and raised in the city, his love for the city comes through in pictures of the city at night when it becomes a more mysterious realm. His series which began in the 80s, Night Paintings sees the city as a pattern of windows and lights as one continuous abstract spectrum of grids and angles that has its source in the background of The Cocktail Party. There is a stillness about these works as if the city has been abandoned but the lights remain turnedon. No individuals or groups of people, just silence. These are

among the most atmospheric of Katz’s works where the city exists in the most abstract manner shrouded in darkness.

Katz's repertoire includes themes of social gatherings, cityscapes, and the natural world, each explored through his distinctive lens. Whether capturing the vibrant life of the city or the serene beauty of the countryside, Katz's work is a testament to his ability to abstract and simplify his subjects, emphasizing their inherent narrative.

As Katz continues to explore and expand his themes well into his 80s, his dedication to his craft underscores the need for a comprehensive retrospective to fully appreciate the breadth and depth of his artistic journey. Such an exhibition would not only celebrate Katz's contributions to art but also secure his place as a pivotal figure in the 21st century's artistic landscape.

© 2024 Alex Katz / Licensed by VAGA at Artists Rights Society (ARS), NY

BEYOND PRIVILEGE

Addressing Substance Dependency with Care and Precision at Carrara Treatment Wellness & Spa

Substance dependency doesn’t discriminate, yet within the circles of society's most discerning clientele, unique pressures often contribute to a higher susceptibility to addiction. The silent struggle with substance abuse in these privileged enclaves requires special attention, understanding, and a nuanced approach to care — an approach exemplified by the services offered at Carrara Treatment Wellness & Spa.

By Emily Singer

The responsibility of success and prominence carries with it an array of complex challenges. Families who live in the spotlight, those who manage vast enterprises or inherit significant legacies, operate under immense pressure to maintain a certain standing, often under the relentless scrutiny of public and private eyes alike. Such obligations can give rise to stress that, for some, finds relief only in the solace of substances.

For individuals in such societal positions, the expectation to preserve the family name, excel within their spheres, and keep the pillars of their heritage strong is a formidable task. The ever-present fear of falling short in the family enterprise or social commitments can propel a turn towards substance use as a coping mechanism.

The ease of access to substances, a byproduct of financial liberty, can also initiate and sustain a cycle of dependency. For the younger members of these families, early experimentation facilitated by resource abundance can rapidly evolve into addiction. What’s critical is that the younger generations no longer have the liberty of experimentation. With the fentanyl epidemic running rampant and killing 200 people per day, we’re out of time.

Understanding the underpinnings of addiction among society's most discerning clients is pivotal for prevention and recovery. Feelings of detachment from the average person's trials, complications forming authentic connections amidst concerns of ulterior motives, and a potent sense of isolation can all trigger or exacerbate substance abuse disorders.

With the pressures of social media in today’s society, the consequences can extend far beyond addiction, reaching a critical juncture where deliberate self harm or suicidal ideation can manifest into reality.

To mitigate addiction and suicide risks, families and their closest confidantes must recognize early warning signs and confront them without delay. Establishing an environment where open dialogue is encouraged and failures are met with support is vital. Setting clear boundaries is also essential to avoid enabling behaviors, ensuring that support fosters recovery rather than perpetuating the cycle of addiction.

Carrara Treatment Wellness & Spa distinguishes itself as an oasis for individuals who navigate the complexities of a life less ordinary. Carrara offers far more than sobriety; they understand the intricate fabric of our clients' lives and cater to their unique needs with understanding and exacting standards of care.

Carrara Treatment Wellness & Spa acknowledges that the journey into addiction for each person is personal and, in the context of societal pressures, often complicated. Our treatments are meticulously designed to tackle not only the substance dependency but also the psychological and emotional catalysts that may include dealing with external pressures and finding satisfaction that transcends material achievement.

In line with the expectations for discretion, Carrara Treatment Wellness & Spa offers an environment where recovery can take place shielded from the public gaze and in the most discreet and private of settings. They prioritize confidentiality and privacy, ensuring that clients can embark on their recovery journey with peace of mind.

Understanding that substance dependency affects the family as a whole, they provide programs that engage family members actively in the healing process. Through education, therapy, and top notch medical care, families learn about the nature of addiction, identify enabling tendencies, and work towards creating a constructive support system.

Carrara Treatment Wellness & Spa adopts a holistic approach that addresses the diverse aspects of a client's life, ensuring that physical health, mental well-being, and lifestyle are all part of the recovery equation. All of their three estates have six private rooms that are individually temperature controlled with en suite bathrooms, along with all of the luxury amenities offered at a five star hotel. Each home has a full fitness center with personal fitness training. Carrara Treatment Wellness & Spa’s Malibu home has steps down to the beach and a gorgeous sundeck with a full outdoor kitchen and multiple lounging and dining areas.

Their Hollywood Hills location at the top of the world famous Bird Streets has a variety of additional amenities, such as a eucalyptus steam room, a sauna & infrared sauna, a juice and smoothie bar, a movie theater, and the first ever world class spa inside of an actual treatment facility, designed and run by the previous spa manager of the renowned Ojai Valley Inn, a top 100 spa in the nation. Here, they offer a menu of facials, wraps, scrubs, and massages. Additionally, they offer mani-pedis, reflexology, cupping, acupressure, and more. All of their homes offer holistic healing experiences like meditation, aromatherapy, acupuncture, trauma informed yoga, chiropractic care, sound baths, breath works, reiki, to name a few. Additionally, they have 24 hour nurses, medication management, pain management, psychiatrists, addiction specialists, and house doctors.

For individuals seeking a sophisticated recovery process, Somatic Trauma Therapy at Carrara Treatment Wellness & Spa offers a unique opportunity to process and release trauma from the body. Such practices are integrated into a broader treatment framework designed to meet the high expectations of a discerning clientele, ensuring that the path to recovery is as dignified as it is effective. Every aspect of their treatment is meticulously curated to produce a synergistic effect.

The client experience extends beyond their initial treatment, offering ongoing support that recognizes the continuum of recovery. Posttreatment services such as continued therapy, case management, and an individualized selection of resources ensure that clients feel supported as they reintegrate into their evolved roles and routines.

In navigating the pressures of a life filled with high expectations and significant responsibilities, discerning individuals and their families can find solace and support in Carrara Treatment Wellness & Spa. Clients are afforded the finest care, tailored precisely to their circumstances, within a sanctuary designed to foster healing, privacy, and continued wellness for a life of balance and fulfillment.

Carrara Treatment Wellness & Spa extends a discreet invitation to those who seek a healing journey and to experience a transformative process that honors the life one has crafted, surrounded by the comfort one expects.

www.carraratreatment.com

Embracing a New Dawn in Diabetes Management:

THE PROMISE OF THE FIT PROTOCOL

By Jason Mulder Director, Thrive Precision Health Institute

The pancreas function is central in the management of diabetes, injecting insulin as a hormone the way the pancreas does verse a large injection treating it like a drug may restore the metabolic function.

In the midst of an escalating global health crisis, where the World Health Organization cites 422 million adults living with Type 2 diabetes, a transformative beacon emerges from the shadows: the Focused Insulin Therapy (FIT) Protocol. This revolutionary approach not only heralds the most significant breakthrough in diabetes management since the life-altering discovery of insulin, but it also offers a resounding message of hope. As insulin once turned the tide of a once-fatal disease into a manageable condition, FIT is poised to usher in the next era of diabetes care.

Innovation Rooted in a Century of Legacy

Standing tall on the achievements of medical pioneers, the FIT Protocol is a testament to the enduring quest for progress in diabetes treatment. With over a hundred years of accumulated knowledge since the first insulin injection, FIT is the latest evolutionary stride, presenting a refined method for administering insulin that honors the complexity of the body's needs.

The FIT Philosophy: Synchronizing with the Body's Rhythms

The essence of FIT lies in its biomimetic strategy—emulating the natural, pulsatile secretion of insulin by the pancreas. By aligning insulin therapy with the body's intrinsic rhythms, FIT is set to reduce the incidence of hypoglycemia and minimize complications that stem from conventional, static dosing regimens.

Decoding the Science of FIT

Historically, treating high blood sugar has been a reactionary process—a linear equation of administering insulin to counteract rising glucose levels. Yet, this approach often leaves patients and their families on an exhausting rollercoaster, an incessant game of 'Whack-a-mole'. FIT transforms this dynamic by understanding and leveraging the hormonal symphony that governs our metabolism. Just as a pancreas in a healthy body secretes insulin in a rhythmic dance, FIT replicates this cadence, restoring balance and offering relief from the relentless cycle of diabetes management.

Confronting the Silent Progression

Diabetes insidiously progresses through stages of resistance, prediabetes, and full-blown disease, akin to an overburdened system pushed to its limits. The result is a cascade of debilitating symptoms and severe health risks. Yet, there is an alternative path—one that FIT paves with the promise of remission, clarity, and renewed vitality. By reinvigorating the natural rhythm of insulin, FIT offers a chance to turn back the tide, to alleviate the relentless vigilance over blood sugar levels and to reclaim a life of freedom and wellbeing.

A Crusade Against Complications

One of the most harrowing challenges in diabetes care is the management of vascular complications—wounds that will not heal, limbs at risk of amputation. FIT confronts these issues head-on by optimizing insulin delivery to enhance blood flow and promote tissue repair. We stand at the precipice of proving, through rigorous clinical trials, that FIT can not only manage diabetes but also slow the progression of the vascular aftermath and potentially move the patient into remission.

Beyond Blood Sugar: A Comprehensive Approach

The destructive reach of diabetes spares no system, often leading to neuropathy and organ decline. FIT's bespoke insulin management proposes a beacon of hope to soothe nerve damage and bolster organ functionality. Our research endeavors aim to validate these benefits, paving the way for comprehensive strategies to slow the progression and reduce the suffering in the acute stages of this disease.

Economic Enlightenment through FIT

The financial burdens of advanced diabetes are staggering, with long-term treatments and hospitalizations straining both healthcare systems and families. FIT emerges as an economic savior, with the potential to curtail these overwhelming costs by preemptively managing diabetes and forestalling its most expensive complications.

A Vision for Sustainable Healthcare

Our aspirations transcend medical victories. We envisage a healthcare ecosystem unburdened by financial constraints, where FIT represents not only a clinical breakthrough but also a model for costeffective care. This vision champions a healthcare paradigm that values both economic prudence and patient quality of life.

Enhancing FIT with Precision Care

The current healthcare landscape is predominantly shaped by population health strategies—protocols and treatments designed for the average patient, based on the most common outcomes and responses. However, this one-size-fits-all approach often overlooks the unique complexities of the individual, leading to less-thanoptimal care for many. Precision healthcare shatters this mold, marking a seismic shift in treatment methodology. By harnessing the power of individualized data, precision

healthcare promises to tailor medical care to the genetic, environmental, and lifestyle factors unique to each person. The granular insights gained from such data not only enhance the accuracy of diagnoses and effectiveness of interventions but also open the doors to revolutionary breakthroughs in preventative medicine and chronic disease management. With the FIT protocol and our Precision Diabetes Care initiative, we are at the vanguard of this paradigm shift, charting a course toward a future where medical care is as distinct as the DNA of the individual it serves. This is not just personalized medicine; it's personalized healing, and it promises to transform healthcare from the ground up, ensuring that every patient can receive the most effective treatment based on their unique profile. This transition from population to precision healthcare is not merely an improvement; it's a reinvention of healthcare delivery that promises a quantum leap forward in our ability to conquer diseases like diabetes.

While FIT is our spearhead, the concept of Precision Diabetes Care fortifies our arsenal. This cutting-edge approach, realized through home-based minilab for critical blood biomarker testing. Testing anytime, anywhere by the Patient will dovetail seamlessly with FIT to ensure treatment precision that respects everyone’s unique physiology. We believe the data being generated through this technology will pave the way for new innovations and discoveries to manage diabetes. Over 10 years of research has led to a major breakthrough that Thrive will work with the founding scientists to bring this technology to the world of diabetes, with the hope that constant testing of critical biomarkers by the patient will speed recovery individually but discover major breakthroughs from the massive amount of data being collected. It’s our mission to bring this technology to the world.

Your support is welcome at www.tphinstitute.org

Thrive Precision Health Institute, a 501(c)(3) Nonprofit registered in the State of Arizona

JACKIE SIEGEL

Never Giving Up: The Sky is the Limit

“Reach for your highest goal, even if you get just halfway, you are in a better place than doing nothing at all. Never give up has been my motto. There are many struggles, and it was not an easy journey, I faced rejection. But when you finally get to where you want in life you realize it is not just the good things but the bad things where you learn, grow and pick up the pieces that ultimately lead you to land on the stars,” said Jackie Siegel, The Queen of Versailles.

This has been the motto that has catapulted Jackie Siegel who reached for the sky to shine bright as a literal star. Having starred in an internationally acclaimed documentary film called The Queen of Versailles, directed by Laura Greenfield, Jackie and David Siegel shared their journey on camera of how they faced the 2008 global economic crisis as they were in the middle of building a 90,000 square foot estate, one of the largest private homes in the country. The film won best documentary at Sundance Film Festival. The Siegel’s home considered one of the largest homes in America is named Versailles after its stunning architectural décor resembling the palace of Versailles in France and is in Windermere, Florida.

As the King of Westgate Resorts Ltd, a Florida-based timeshare resort firm, David Siegel met his Queen Jackie Siegel through the Mrs. Florida Pageant. In 1993 Jackie Siegel won the Mrs. Florida Pageant and has been involved for over 30 years as a producer of the pageant. Together they had eight children in nine years. Their daughter Victoria Siegel died of a drug overdose on June 6, 2015 in Windemere Florida. Out of a struggle and hardship Jackie Siegel created hope with Victoria’s Voice a charity dedicated to bringing drug awareness and prevention education to students, parents, educators, and communities nationwide.

By Amy Poliakoff

Victoria’s legacy stewarded by Jackie Siegel brings mindfulness and guidance to all.

Siegel published her daughter’s diary: Victoria’s Voice. It was Victoria’s dying wish to share her story with others struggling. The former Mrs. Florida felt if they shared her daughter’s experience with other teenagers who struggled they could let other young adults know they were not alone.

“We all face struggles growing up and we all feel inadequate or not good enough. Children can get depressed, and they turn to drugs. Children can get bullied. Victoria went through all of this, and we want to bring awareness that these are all normal thoughts in the growing up process but turning to drugs is not the answer. Therefore, we have decided to devote our lives to the drug epidemic, to warning parents and kids about how drugs are on the streets and are laced with Fentanyl and chemicals that can kill.” Said Siegel.

As a true international public figure, Siegel’s loss and struggle to cope has strengthened her role and commitment to creating a better and drug free tomorrow. Through Jackie and David Siegel’s hard work with Victoria’s Voice, they have single handedly made Naloxone available without a prescription. Naloxone is a medication nasal spray approved by

the FDA (Food and Drug Administration) designed to rapidly reverse opioid overdose. It is an opioid antagonist- meaning that it binds to opioid receptors and can reverse and block the effects of other opioids, such as heroin, morphine, and oxycodone. Through meetings with politicians in DC, Siegel in representation of Victoria’s Voice was able to achieve Naloxone availability in many states for free at healthcare centers by the state as well as over the counter pharmacies.

Through the efforts of Victoria’s Voice, a federal resolution designated June 6, the day of Victoria’s death, as National Naloxone Awareness Day. For National Naloxone Awareness Day, the DEA museum has placed Victorias picture in their exhibit.

Jackie Siegel’s voice is a powerful tool to those in America looking for strength to reach for higher goals. With over half a million followers, she has published a movie on her You Tube channel, The Queen of Versailles, called the Princess of Versailles which aims to give an in depth look at how Siegel coped with the loss of a child and how to heel. It is a heartwarming road to successful healing for all parents who have faced similar hardship. Through Victoria’s Voice’s prevention education over one million children have been reached. In 2023, a special evening titled Music for Life Gala was held

on Saturday, November 11 at a private Palm Beach, Florida estate. Priscilla Presley was honored, and Patti LaBelle performed. With notable guests all gathered to raise funds for Victoria’s Voice, the charity will not be slowing down. For 2024 Siegel is already working on a private dinner of around 300 guests who will support Victoria Voice’s mission.

Jackie Siegel is a “crown with a purpose”. She has been blessed to have the many lovely ladies of the Mrs. Florida pageant spread awareness about the drug epidemic and overdose dilemma.

Just before the COVID -19 pandemic took hold of America, Jackie Siegel was on the Cocoa Beach Pier, which she and her husband own. She was randomly approached by playwright Lindsey Ferrentino who recognized Siegel as the Queen of Versailles. Ferrentino

said she would love to write a script about Siegel. Today, with the best dream team, the Musical, the Queen of Versailles will open in Boston on August first to 18 before then traveling to Broadway of New York City in 2025. With Tony award winning musical composer Stephen Schwartz and famed Tony Award winning actress Kristin Chenoweth, playing Siegel, the musical production is sure to be a hit and will include the Victoria Voice’s Foundation in the storyline.

With the mantra, “Never Give Up” and constantly reaching for the sky, her goals and creating success through adversity, Siegal’s stardom as the Queen of Versailles is about to catapult her to the bright lights of the Broadway stage.

“You never know your chances in life and being in the right place at the right time.

I’ve always loved Broadway, acting, and singing. I took classes when I was younger, I was never that great. I had to lip-sync in my school choir. Now I will be so lucky to see the Queen of Versailles headlined in Broadway lights. Anything is possible never give up and reach for the stars because one day you may become one,” said Jackie Siegel.

Siegel and her husband are excited for the next adventure of their success and are also focused on the distribution of Jackie’s new coffee brand, The Queen of Versailles Coffee. Siegel is making coffee fit for a queen. The brand was founded with the mission of being the world’s first ultra-premium coffee brand, offering a master reserve selection of green, single-origin, high-altitude coffee beans from the volcanic soil of the Acatenango region in Guatemala. 5383 feet high in the arid volcanic mountains of Acatenango, Guatemala the

SEBASTIAN BEDNARSKI @gloverse. Shot on location at Sexy Fish

beans ripen more slowly due to macadamia trees being planted next to them to provide shade. With more shade the beans do not brighten quickly and have more time to absorb the rich volcanic soil. They are then hand-picked as opposed to other coffees that have machines that just strip the plant of all beans. With hand-picked beans, only the best beans are selected. This in turn gives the Queen of Versailles Coffee an 87 out of 100 rating as opposed to Starbucks with is an 83 rating on the point system. The Queen of Versailles coffee can be bought at qvcoffee. com, her coffee website. In addition, Jackie Siegel is looking to put the coffee in one of the 150 retail gift shops along with the

30 Westgate resorts she and her husband own. With possible distribution in grocery stores and cruise ships in the works, Siegel hopes all Queens out there can wake up with a fresh cup of coffee to give them strength to go after their goals each day.

Jackie’s newest project Versailles’ closet will feature all her vintage clothing items in a section of her store Thrift Mart, located in Ocoee, Central Florida. Thrift Mart is a “locals helping locals” nonprofit organization that benefits charities like the Westgate Foundation. It is an upscale thrift store featuring new and used clothing along with home goods, appliances, furniture, etc.

Children can get bullied. Victoria went through all of this, and we want to bring awareness that these are all normal thoughts in the growing up process but turning to drugs is not the answer.

After the success of the Queen of Versailles documentary, Siegel filmed Queen of Versailles Reigns Again which is soon to be released and will feature renovations of her palatial palace. After suffering a great loss Siegel fought through adversity and hardship, never giving up and building a better tomorrow. With her charity work and entrepreneurial endeavors, she is dedicated to women’s success also seen with her role in the Mrs. Florida Pageant. Siegel’s well-rounded commitments have led her not just to stardom but to reach her goals.

Her NYC apartment located at 49 Chambers Unit PHB is currently for sale. With a love for real estate, seen not just in their own home’s grandeur, but in the many hotels they own, Siegel’s love also resides with her Versailles in the Sky. This Westgate Las Vegas hotel, a true historical gem was once home to Elvis Presley. One of its penthouses, at 70,000 sq feet, is home to Barry Manilow when he performs at the hotel. The Sky really has no limit!

“The Versailles house gave me this opportunity of life to have a voice. It is because of the house that people have interest in me and our endeavors. For us we reached and there was no limit. I never gave up, if you reach for the stars, you may possibly end up with the moon,” said Jackie Siegel.

Photo: Christian Morales/Capture With Chris

Ruby red taffeta gown with thigh-high slits revealing embroidered tulle and a Victorian sleeve top. Gold sandals by Louis Vuitton.

Photography

Daniel Perry @danielperrystudios

Couture

Oscar Lopez @realoscarlopez Makeup/Model

Linda Bertino @linda_bertino Hairdresser

Eris Flores @erisdoesmyhair

Tourmaline pink gown in transparent tulle adorned with Swarovski diamond chains and stone embroidery. Diamond stud earrings by Jared. Rose Quartz ring by Bali Importers.

Gold lurex threaded silk gown with gilded waist chains and one-shoulder cape. Gold cuff bracelet and earrings by Chanel Bijoux. Gold sandals by Louis Vuitton.

Royal blue taffeta blouse with dragon sleeves and obie tied waisted paired with black silk palazzo pants for a chic and sophisticated look. Earrings by Natasha. Rose Quartz ring by Bali Importers.

Yellow silk crepe gown featuring an internal golden crystal embroidered bodysuit and adorned with ostrich feather cuffs. White ring by Ross Simmons. Flower ring is vintage. Spiral dangle earrings by Windsor. Shoes from Gucci.

Black silk tulle opera gown shot with gold polka dots and embelished with Haematite gunmetal gems. Earrings by Natasha. Shoes by Jimmy Choo.

Shimmering silver cocktail mini-dress paired with a structured silk organza overcoat. Earrings by Windsor. Vintage starburst rinestone choker and moonstone rings from 925 Gems. Shoes by Calvin Klein.

MILAN FASHION WEEK

By Hillary Latos Photography by Charles Barnes

Welcome to Milan Fashion Week FW 2024, where the past and future converge in a celebration of timeless elegance and innovative design. Chiari Boni sets the stage with structured silhouettes that command attention, incorporating peplum accents and voluminous shoulders, all enrobed in rich velvets that dance with each motion. Phillip Plein, the unapologetic maximalist, dazzles with extravagance, proving once more that more is indeed more in his visionary world. Genny introduces plush, understated luxury that whispers of an aristocratic lineage, draped in a rich color palette that speaks volumes of its refined elegance. Maryling pays a charming homage to the '50s, transporting us back to an era of definitive style with a modern twist. Lastly, Philosophy di Lorenzo Serafini surprises with volume and origami draping, interspersed with unexpected pops of color, crafting a narrative of bold femininity that captivates and inspires.

CHIARI BONI

Structured silhouettes, peplum accents, voluminous shoulders, rich velvets

PHILLIP PLEIN Unapologetic maximalist

GENNY

Plush understated luxury with an aristocratic touch and a rich color palette

PHILIOSPHY DI LORENZO SERAFINI

Volume and origami draping with pops of color

NYFW FALL 2024

By Hillary Latos

Photography by Charles Barnes

Amongst the standout trends from NYFW Fall 2024 were a rich red palette, dramatic capes, embellished glam rock elements, and the mesmerizing allure of liquid silver and gold which took center stage, promising a fall season filled with opulence and statement-making style.

Pamella Roland

LADY IN RED

Badgley Mishcka

Zang Toi

Naeem Khan

CAPES

Badgley Mishcka Pamella Roland

Naeem Khan

EMBELLISHED GLAM ROCK

Pamella Roland Cucculelli Shaheen L’Agence

Kobi Halperin

MOLTEN LIQUID METALLICS

Kobi Halperin

Cucculleli

Badgley Mishcka

CHRIS GANNON Visionary Entrepreneur It’s All in the Family: Next Gen Outperformance in Business & Life

By Candice Beaumont

Chris Gannon was poised for success from a young age with a competitive sports background and having won US Open Polo as a teenager. He was blessed with good genes with his father Tim Gannon having also won US Open Polo years before. Both father and son also had their own independent success stories in the restaurant business with Tim Gannon founding Outback Steakhouse, which he took public for over $1 billion, and Chris Gannon founding Bolay, a popular fast food-casual restaurant chain with healthy and delicious food. Inspired by his upbringing in vibrant New Orleans and influenced by his father's success as a co-founder of Outback Steakhouse, Chris set out to create a dining experience that marries flavor with nutrition.

With over 25 locations and a team of more than 850 dedicated individuals, Bolay has quickly become a favorite among healthconscious diners across the country.

Chris's goal with Bolay is simple: to provide guest with fresh, customizable bowls packed with wholesome ingredients.

Growing up, Chris watched his father build a culinary empire, instilling in him a deep appreciation for hospitality and culinary excellence. Now, Chris is forging his own path in the restaurant industry, honoring his father's legacy while carving out a niche for Bolay as a leader in the healthy dining space. As a child, Chris watched his dad be honored as Entrepreneur of the Year, beating out top companies like AOL. Many years later Chris won the same award.

Through Bolay, Chris aims to make nutritious eating accessible and enjoyable for everyone, proving that healthy food doesn't have to compromise on taste. With its bold flavors and commitment to quality, Bolay continues to redefine the fast-casual dining experience, one bowl at a time.

What was your vision for Bolay and what are your current growth plans?

How were you influenced by watching the growth of Outback Steakhouse story to the development of Bolay, driven by an opportunity you saw?

What specific aspects of Bolay's journey would you like to emphasize?

There are always numbers, but it's the story behind the numbers that I think really encapsulates or engages people in the

journey. In the past eight years, we identified an opportunity in the market to offer betterfor-you food with genuine hospitality. While some grasp the components, nobody has fully embraced genuine hospitality paired with healthier fare. We saw an opportunity for America to change its eating habits. We didn't want to create just another healthy food restaurant; we aimed for flavorful options, drawing from our New Orleans roots. With my dad being the co-founder of Outback Steakhouse, we understand the importance of flavor in bringing guests back. what drives people to come back to a restaurant is that that flavor profile? So, if you can make broccoli taste good versus French fries, people are going want to come back for that broccoli.

What lessons did you learn from growing up with it in the Outback Steakhouse family?

I've learned that organizational culture is vital—it's the heart of a company, uniting people toward a common goal. Many overlook this, viewing work solely as a paycheck. Yet, culture surpasses financial gain; it's about values and purpose. Just like rowers in a boat, unity is key for business success. Trust in leadership is paramount. Leading is challenging but rewarding, akin to conducting a symphony. Our mission is clear: To drive positive experiences with “Better for you Food” and genuine hospitality. We've grown to 25 restaurants in Florida, with over 850 team members. Our goal is not just financial gain but also positive societal impact. We empower our team, enabling career growth without a college degree. Through our efforts, we aim to improve eating habits and combat rising obesity rates. We lead by example, striving to be both successful entrepreneurs and responsible leaders. With a strong family background in the restaurant business, we're poised for continued growth and impact.

Have you had any employees remain with you since the beginning?

We just celebrated our eighth birthday on Monday, which is exciting. We still have five original team members from our first restaurant who have grown with us. At each new restaurant we've opened, most of the team is still the original crew. While turnover in our industry is high, we don't always see it as negative. Many of our

team members start with us as their first job and move on to bigger opportunities, which is perfectly fine. Some continue their education, while others stay and grow into leadership roles. We're proud to see our former team members succeed in various fields. This turnover is healthy and natural; not everyone is meant to stay forever.

How did Bolay adapt and evolve during the pandemic?

Expanding comes with its challenges. We typically plan our growth trajectory 12 to 24 months in advance due to leasing and development cycles. It's like a snowball effect that can't be stopped once it's in motion. During the pandemic, we had to get creative. Fortunately, being in Florida where Governor DeSantis supported keeping businesses open helped us. We introduced curbside pickup and overnight delivery, showcasing our industry's

innovation when faced with adversity.

What are your plans for expansion? Are you going to be moving throughout Florida and concentrating there or franchising and moving out of state?

We're currently exploring various strategies, primarily focusing on dominating the Florida market by expanding into untapped areas like North Florida, Jacksonville, and Southwest Florida. Our goal is to establish a strong presence in our backyard before considering out-of-state expansion. This may involve acquiring existing chains with good real estate or executing internal growth strategies. We're committed to growth but prioritize increasing revenue and improving same-store sales over simply increasing the number of locations. Our existing footprint presents significant opportunities for improvement and expansion.

Tell us about some of your extracurricular activities such as polo.

By nature, I'm a competitive athlete. I achieved the remarkable feat of becoming the second youngest player to win the US Open in polo. Playing alongside legends like Adolfo taught me invaluable lessons in dedication, hard work, and focus. This competitive spirit extends to my approach in business, as I believe it's akin to a sport in a different field. Additionally, I'm an avid triathlete, which keeps me in shape and fosters discipline. My experience representing Chief Osceola in pageantry, (the mascot), at Florida State University reinforced my commitment to perfection and excellence. My diverse background has shaped my journey and fueled my passion for making people happy, particularly through great food. While I still enjoy indulging in a good

meal occasionally, I don't eat blooming onions every week. I believe people are becoming more educated about food choices, including types of oil, butter, and cooking methods. It's inspiring to see individuals prioritize fueling their bodies with quality nutrition, recognizing it as essential for being the best version of themselves. Just as you wouldn't put low-quality gasoline in a nice car, you shouldn't compromise on the quality of food you consume.

What advice would you give to other next generation?

Protecting capital is crucial, but it's not just about stashing it away; it's about using it wisely. Collaboration is key, as it opens doors to new ideas and better ways of doing things. Sharing knowledge is invaluable, especially for those without access to

resources like high level attorneys or accountants. Passing on what we've learned ensures the next generation can benefit. I believe that when businesses thrive, society benefits too. It's about lifting all boats, not just a few. Supporting businesses that make a positive impact while making money is essential. Charity is important, but so is ensuring businesses can sustain themselves.

Our journey started with a dream and a juicer in my garage. We took a leap of faith, using every ounce of marketing savvy to create a buzz. Despite challenges like COVID-19 and supply chain disruptions, we persevered, continually improving our systems and processes. Now, with 25 stores, we're still growing, driven by our passion for making a difference.

In conclusion, protecting capital, collaborating, sharing knowledge, and supporting impactful businesses are vital for success. It's about creating a win-win situation for all, while staying true to our values and continuously striving for improvement.

You’ve probably learned lessons on how to survive disruptions and how to be innovative

In business, challenges are constant, but that's part of the journey. Success doesn't

come easy; there are always bumps along the way. However, scalability is crucial. A mentor taught me that passion alone isn't enough; a business must be scalable to grow beyond being just a small venture. Our restaurant concept has both portability and scalability, making it essential to find partners who share our vision for growth.

Currently, all our locations are corporately owned, and we're open to the right investor to propel us forward. Each stage of our business is like a new chapter, and finding partners who can help us transition to the next level is key to our success.

Do you see franchising as a possibility?

We're open minded to it. Definitely. Especially some territories or even international that aren't really in our kind of backyard. Franchising is a whole other business to manage and a challenge. Most organizations begin as a franchise with easier concepts to run but ours is a bit more complex, and handing that to someone is going to be a challenge. Always stay open minded, never be too set in your ways.

As you have kids now, do you encourage them to be entrepreneurs? What are you passing on to your kids? Have you been focusing them on business?

Growing up, we experienced both scarcity and success, which taught us the value of money and resources. I make sure to pass on this knowledge to my kids by involving them in activities like running a lemonade stand. Even at a young age, I teach them about costs, marketing, and profitability through practical experiences. As they grow older, I plan to expose them to entrepreneurship by allowing them to run small businesses or participate in meetings at work. We have an open-door policy at Bolay, where parents can bring their kids to meetings, giving them a glimpse into the business world and helping them understand the practical application of their studies. By sharing these experiences, we hope to inspire them to pursue their passions and develop a deeper understanding of how the real world operates. Keeping a journal of our journey at Bolay helps me reflect on the challenges and successes, providing valuable lessons for the future and ensuring that we continue to grow and overcome obstacles together.

Could you share the story behind the lucky saddle that has become a symbol for both you and your father?

Certainly. The saddle has quite an interesting story behind it. My father’s best friend, Phil Heatley, invited him to his father’s horse polo ranch in El Paso, Texas where they rode horses every day. At age 16, my father expressed his desire to become a polo player to Phil's dad. In response, Phil's father gave him two things to become a polo player: some valuable advice — to find something and bring it into the marketplace — and a saddle, which later became my father’s lucky charm. He sold his saddle for gas money to drive from New Orleans to Tampa to start Outback Steakhouse, then later after Outback went public he bought it back. By the year 2000, he had won the US Open five times with that saddle, created the famous Bloomin’ Onion, and taken Outback public. All of this happened thanks to the sale of the lucky saddle. In 2015, he gave it to me when he was inducted into the National Polo Hall of Fame. The year I was gifted the lucky saddle was the year I started Bolay so it's been a symbol of luck for both of us – giving us all the luck we need. Now, it's enshrined at our corporate restaurant support center.

REVIVING ELEGANCE

PGA National Resort's Multimillion-Dollar Transformation into a Palm Beach Paradise

Nestled within the vibrant heart of South Florida, Palm Beach's PGA National Resort has emerged anew from a lavish $100 million transformation, crafting a realm where luxury and leisure converge with the timeless allure of worldclass golf. This iconic destination now stands as a beacon of tailored luxury, boasting a complete overhaul that includes exquisitely redesigned guest accommodations, innovative dining concepts, and an array of activities designed to cater to every family member's whims and wishes.

By Hillary Latos

LUXURY LIVING

The resort's 339 guest rooms and suites, reimagined by the renowned KTGY Simeone Deary Design Group, offer a sanctuary of curated comfort. These spaces pay homage to the charm and elegance of 1960s Palm Beach, blending custom furnishings with luxurious accents like vintage black-and-white palm-leaf wallpaper and plush area rugs. The serene palette of the rooms, complemented by outdoor lounges, invites guests to indulge in the resort lifestyle, surrounded by the breathtaking beauty of Palm Beach Gardens.

At the heart of PGA National Resort's renaissance is its commitment to culinary excellence, highlighted by the introduction of two signature restaurants. The Butcher's Club, helmed by "Top Chef" winner Jeremy Ford, emerges as a dazzling jewel in its culinary crown, offering a high-end dining experience that transports guests to a bygone era of 1950s cool all while ensuring a modern twist on the classic steakhouse. From the moment one steps into The Butcher's Club, the ambiance sets the stage for an

unforgettable evening. The dramatic setting, characterized by its black marble tables and polished gold chandeliers, radiates warmth and luxury. Accents of warm gold and dark wood further enhance the sophisticated atmosphere, making diners feel as though they've stepped into an exclusive club from another era. It's this impeccable attention to detail in the design that elevates the dining experience, creating an inviting space for both special occasions and casual, yet upscale, meals. The menu at The Butcher's Club is a testament to Chef Ford's culinary excellence and creativity. Featuring selections from the raw bar alongside meticulously chosen dry-aged cuts, the offerings cater to the discerning palates of meat lovers. Each dish is crafted to perfection, ensuring that the flavors and textures of the ingredients shine through. The innovative cocktail menu and extensive wine collection complement the dining experience, with selections thoughtfully curated to pair beautifully with the menu's offerings. For locals, The Butcher's Club stands as a culinary destination that

draws them in with its promise of a top-tier dining experience right in their backyard. Honeybelle, under the guidance of James Beard Award nominee Lindsay Autry, melds classic Florida style with seasonal American cuisine, offering a refreshing dining space with both indoor and outdoor seating overlooking the pool, embodying the quintessence of Palm Beach style.

Adding to the resort's allure is the redesigned Spa at PGA National Resort, a 40,000-squarefoot oasis of wellness designed by V Starr. Here, guests are invited to indulge in a journey of relaxation and rejuvenation, with treatments set against a backdrop of tropical prints and a soothing palette of golds, cremes, and pinks. The spa features mineral pools with therapeutic benefits from around the world, a Florida pink and white salon for hairstyling and nail services, and a range of wellness offerings that promise an unparalleled experience of luxury and tranquility.

PGA National Resort's transformation extends beyond the physical renovations to include new culinary concepts like Sushi By Boū, Birdie's Diner, and the MKT, each designed to cater to diverse tastes and dining preferences. With these enhancements, the resort sets a new standard for luxury travel, offering guests an immersive experience that celebrates the rich tapestry of Palm Beach Gardens' culture, cuisine, and championship golf.

This multi-million-dollar transformation has not only redefined the essence of PGA National Resort but has also positioned it as a pre-eminent destination for luxury travel, where every visit is an opportunity to create unforgettable memories. Whether it's through its world-class golf courses, its luxurious spa, or its diverse dining options, PGA National Resort invites you to experience the pinnacle of tailored luxury in the heart of Palm Beach Gardens.

Pgaresort.com

Embarking on Luxury THE KIMBERLIE YACHT

In the realm of luxury yachting, few names resonate with the elegance and sophistication of the Kimberlie, a magnificent motor yacht that epitomizes the pinnacle of aquatic opulence. Named after its esteemed owner, Kimberlie Glaser, a titan in commercial real estate and a dedicated philanthropist based in Palm Beach with ties to Rochester, this superyacht is a testament to her passion for the high seas and luxury living.

By Hillary Latos

Launched in 2010 by the acclaimed IAG Yachts Ltd in China, the Kimberlie stands as a marvel of modern engineering and design. Spanning an impressive length of 38.71 meters (127 feet), with a beam of 8.08 meters (26.5 feet) and a draught of 2.34 meters (7.7 feet), it combines grandeur with performance. This floating palace, with a volume of 360 GT, ranks as the 2517th largest yacht globally and proudly holds the title of the 3rd-largest vessel ever constructed by IAG Yachts Ltd.

The exterior of the Kimberlie, crafted by YD&AS, reflects a commitment to sleek, timeless aesthetics, while its interior, a masterpiece by IAG Yachts Ltd, offers an enclave of luxury and comfort. Up to 12 guests can indulge in its lavish accommodations, ensuring an intimate yet spacious environment.The yacht also houses quarters for 8 dedicated crew members, including a captain, promising unparalleled service and a seamless maritime journey.

Constructed with a GRP hull and superstructure, the Kimberlie is not just about looks; it's built for performance. Powered by twin engines from Caterpillar Inc, it boasts a top speed of 17 knots and carries 22,712 litres of fuel, making it perfect for exploring distant horizons or enjoying leisurely cruises along the coast. This also comes with a 35’ Wellcraft Scarab tender, jetskis, a water ski, wakeboard, and floating

The Kimberlie is more than a yacht; it's a destination unto itself. Based in South Florida and available for charter, discerning travelers can experience the epitome of luxury yachting. Whether it's basking in the sun on its spacious decks, enjoying gourmet meals prepared by a private chef, or exploring exotic locales, a charter on the Kimberlie promises unforgettable memories.

For those yearning for a taste of the high life on the seas, the Kimberlie offers an unparalleled charter experience. It is a journey where every moment is crafted to perfection, every detail exudes luxury, and every voyage promises to be nothing short of extraordinary. Welcome aboard the Kimberlie, where luxury knows no bounds, and the sea is your playground.

The Kimberlie M/Y is available for charter in the Eastern seaboard, Bahamas and Caribbean for $125,000 weekly. For more information please call +1 (585) 752-7000

SUN DECK

MAIN SALON

MASTER STATEROOM

MARK MASONE

The impressionable and Luxurious Florist of the Hamptons

By Tara Zarilla

The first thing you recognize at the elite events created by Designs by Mark Masone in The Hamptons, is the quality and abstract vision created. Mark Masone, celebrity florist to the A list celebrities who summer in The Hamptons. His immaculate work certainly stands out amongst other luxurious designers on the west coast, like The Kardashian celebrity florist, Jeff Leatham.

“Everyone wants to host “THE EVENT” in The Hamptons”, says Mark Masone. In order to create the master designs Mr. Masone has provided for over 30 years to New York and Hampton residents, we asked him what his secret is – his response “My customers and I connect on such a personal level with an understanding of their vision and design.

Every year Mr. Masone has been a part of the most recognizable events like; The South Fork Natural History Museum and Nature Center event for the last eight years. SOFO known best for their distinctive environmental programs in the museum and out-of-doors that promote a deep understanding of the natural world enhanced with the knowledge that all things are interconnected has raised over three quarters of a million dollars every year to support their non-profit foundation.

Mark has also been a part of Edie’s Back Yard BBQ and The Edie Windsor Center on the east end for the last decade. The Edie Windsor Healthcare Center specializes in LGBTQ* healthcare services. They provide accessible, compassionate, and comprehensive care to all members and allies of the LGBTQ* community. Every year in honor of Edie Windsor; LGBTQ American Rights activist her team hosts two events that help raise money for the LGBTQ Community.

Mark Says, “Mrs. Edie Windsor played a huge role in me coming out. She was the absolute nicest and kindest person I’ve ever met. When I learned of her passing, it felt like I had lost a family member.” He also says, “When I think about the movement she’s created, I think about how better off we are as a community.”

Mrs. Edie Windsor was the lead plaintiff in the 2013 Supreme Court of the United States case United States v. Windsor, which overturned Section 3 of the Defense of Marriage Act and was considered a landmark legal victory for the same-

sex marriage movement in the United States her foundations has raised money for countless LGBTQ members even after her devastating death in 2017.

How Mark Masone Luxury Florist started his new career as a real estate agent

“Being a real estate agent with Nestseekers has changed my life in more ways than one”, says Mark Masone. ----- The 1% spend their summers in The Hamptons, or at least a few weeks in the summer. And with his little black book and relationships he’s created over the past three decades, Mark Masone was able to act as the buyer and seller on a total of $25 Million Dollars in homes, in the most iconic place to vacation in The Hamptons on his first year. You will find Mark featured on the show “Selling the Hamptons” on HBO that will air on March 1st. However, he has debuted on countless shows on national television in the past 15 years. His magnificent

work ethic and personality has continued to be recognized in more ways than one.

What’s next to come for Mr. Masone

In 30 years of designing the most iconic events in New York and The Hamptons, Florida, and along the East Coast, Mark Masone and his team have decided to provide the world with his knowledge and insight into “His World” of the ultimate designs and now creating his very own show! “I have always enjoyed working with my luxury clients, however, now I’m ready to show the world what Designs by Mark Masone is all about”. Says Mr. Masone.

His PR Team at RG Social Marketing has provided some insight into the show. “Our vision of the show will showcase the LGBTQ community and pairing with the most iconic florist for one of the GREATEST shows that will air on national television.” The winner

will win a chance to work with a well-known event planner in New York City and win $50,000.” Says Tara Zarilla. “When we first came to Mark with the idea, we knew we had to make sure his journey of coming out as a gay man at 38, married with two kids in a strict community had to be shared. His journey could help others who will watch the show, they will hear about his struggles and how he overcame so many trials and tribulations all while staying successful and managing his companies”, says Mrs. Zarilla.

“The show is set to start casting and pursuit of the show will begin in 2025 in Manhattan, NY and we have officially signed with “American Movie Company”, who is well known for their production of Friends, Will and Grace and receiving countless awards and Emmys for shows and movies featured on CBS, Disney, HBO, Paramount, MTV, Showtime, WB and CNN.” Says Mrs. Zarilla.

A NIGHT OF LUXURY AND PHILANTHROPY

Celebrating the Greens at Impact Wealth Magazine's Inaugural Aspen Cover Party

By Adam Weiss

Impact Wealth Magazine celebrated its inaugural Aspen Issue at the St. Regis Aspen Resort with cover stars Amy and Gary Green, featuring a historic Yurt dinner in collaboration with Jayma Cardoso. This enchanting evening, set against a mountainous backdrop, combined luxury and philanthropy. The ambiance was a luxe snowglobe, adorned with white orchids, truffle chocolates, and faux fur-covered chairs, set the stage for a silent auction benefiting Green Vision and Action to Africa. The specific occasion was made possible through the generous support of our sponsors, Ogier, Buccellati, Bronx and Banco, Revive, Snow lodge, Belvedere Vodka, Heineken Silver, Veuve Clicquot, Dom Perignon, Cincoro, and Mezcalum. Among the esteemed guests in attendance were renowned figures such as former NBA Player, Rony Seikaly, who rocked the Jade Room with an incredible DJ set. Other high-profile guests included Allison Huynh, Bryan Grazer, Mike Packman, Jayma Cardoso, Warren Lichtenstein, Jeff Altman, Lilah Ramzi, Shea Maria, Scott and Isabelle Freedom, Joe Rose, Tom Lewis, Lisa John Prongrass, and Alex Ferreira. This gathering not only highlighted the magazine's dedication to impactful philanthropy but also emphasized the Greens' commitment to positive change and collective action for a better planet.

Photos: Nick Tininenko/Getty Images

Global Leaders, CEOS & Billionaires Converge at FII MIAMI TO POSITIVELY IMPACT HUMANITY

By Candice Beaumont & Hillary Latos

Leaders from across the globe in business, politics, and philanthropy came together in Miami for the highly anticipated FII Priority Summit whose theme was, “On the Edge of a New Frontier.” The Future Investment Initiative (FII) Institute is a global nonprofit foundation driven by data with an investment arm and one agenda: Impact on Humanity. FII Priority Summits are hosted throughout the year, on six continents, and are renowned for their unparalleled platforms that foster dialogue and innovation in finance, investment, and technology which shape the trajectory of these sectors for years to come. Known as one of the most influential meetings, the two-day event in Miami attracts billionaires, CEOs, and celebrities all with a common goal of "catalyzing positive impact." This event showcased many emerging Saudi technology companies, displaying the entrepreneurial spirit that has recently been fostered in the Kingdom of Saudi Arabia. The Miami gathering has swiftly become a premier platform for accessing Saudi Arabia's vast wealth and business opportunities, fostering innovations in finance, investment and technology, as well as for global leaders to converge to solve global problems and improve the planet.

The Summit featured an exclusive group of 800 of the world’s most visionary leaders across industries and included Wall Street's heavyweights, stewards of trillions of dollars in assets, networking with the Saudi elite and A-list celebrities like Gwyneth Paltrow and Rob Lowe at The Faena. Among the notable guests were Steve Schwarzman, the CEO of Blackstone, managing a staggering $880 billion, David Rubenstein, the co-founder of The Carlyle Group, one of the world’s leading private equity firms, Jared Kushner, former President Trump's son-in-law, and Steve Mnuchin, former Treasury Secretary, as well as Mike Pompeo, 70th Secretary of State of the United States, Matteo Renzi, former Prime Minister and current Senator of the Italian Republic, tech billionaire, Michael Dell, and health guru Dr. Oz.

The collective wealth of the top ten speakers at the conference surpassed a staggering $300 billion, a testament to the sheer magnitude of financial influence gathered under one roof with the ability to accomplish the goal of being more than a ‘summit’ but a call to action. The agenda was anchored

Todd Boehly and Rob Lowe

by the FII Institute’s groundbreaking FII Priority Compass report, which reveals key priorities of individuals worldwide such as cost of living & quality of life, social inclusion, climate change, governance, healthcare, and technology. Speakers addressed the need for leaders and investors to keep these priorities top of mind and underscored the importance of collaboration amongst this elite group of global leaders to achieve economic goals. "As an interconnected world, collaboration is key to unlocking shared prosperity and progress," emphasized Jared Kushner during his keynote address. During a panel discussion on the role of technology in shaping global economies, Steve Schwarzman remarked that, “investment in innovation is not just about financial gain; it’s about creating a better future for generations to come,” highlighting the importance of forward thinking to understand how their investments impact the future.

As the conference unfolded, attendees learned of Saudi Arabia’s ambitious

plans for global investment, powered by artificial intelligence and underpinned by sustainability, underscoring the country’s burgeoning confidence as an international power broker. Yasir al-Rumayyan, the chair of Aramco, the Kingdom's publicly traded oil company, set the tone with announcements of multi-billion dollar investments in the US, reaffirming Saudi Arabia's commitment to global economic engagement. "The data and numbers the Aramco chair dropped were mind-blowing," remarked an attendee, expressing astonishment at the scale of Saudi Arabia's investment plans. Another source reflecting on the event’s atmosphere said that, "the conversation wasn’t about showcasing Saudis for investors; it was more ‘agenda-setting," suggesting a focus on shaping future initiatives rather than immediate investment pitches.

As the world watches, the Future Investment Initiative continues to shape the trajectory of global finance and business, poised to

leave an indelible mark on the international stage. Attendees departed with a sense of optimism and possibility, buoyed by the promise of lucrative business opportunities and strategic partnerships. The FII Priority Summit in Miami stands as a testament to the power of collaboration, innovation, and shared vision in shaping the future of finance and investment on a global scale. As we reflect on the thought-provoking discussions and transformative insights shared at the summit, one thing remains clear: by working together, we have the capacity to build a more resilient, equitable, and prosperous world for generations to come.

The next not to be missed flagship FII Institute Conference will be held in Riyadh this coming October which will be dedicated to advancing humanity’s fundamental priorities, concerns, and aspirations with a commitment to fostering positive change.

Steve Schwartzman

Barry Sternlicht

Mark Cuban

David M. Rubenstein, Gabrielle Rubenstein

PROSTATE CANCER

FOUNDATION’S Annual Pro-Am Tennis & Golf Tournament: A Triumph for Cancer Research

By Candice Beaumont

The Prostate Cancer Foundation (PCF) recently held its annual Pro-Am Tennis & Golf Tournament in South Florida, marking another successful chapter in the fight against prostate cancer. The event, spanning five days, seamlessly blended the 2024 Milken Institute South Florida Dialogues with the PCF Pro-Am Tournaments, creating an engaging platform for advocacy and philanthropy.

The festivities commenced with the Milken Institute South Florida Dialogues in Palm Beach, featuring insightful discussions and the much-anticipated PCF Pro-Am Tennis Tournament. The event reached its pinnacle with a Gala Dinner at the historic Henry Morrison Flagler Museum, honoring the remarkable contributions of individuals like John and Daria Becker Barry and the Barry Family. The evening was enriched with captivating performances by renowned mentalist Oz Pearlman and a musical showcase by Pat Benatar & Neil Giraldo.

The roster of distinguished attendees included luminaries from various spheres, such as finance, philanthropy, and entertainment. Among them were Mike Milken, Bill Koch, Monica Seles, and many others, underscoring the widespread support for PCF's mission. Generous benefactors contributed significantly to the success of the Palm Beach event, demonstrating their unwavering commitment to advancing cancer research. Their support enabled PCF to continue funding groundbreaking initiatives aimed at prevention, detection, and treatment.

Throughout the event, guests were treated to a series of intimate salons, delving into topics akin to those discussed at the Global Conference. These sessions provided invaluable insights and fostered meaningful conversations among participants.

Central to the event's purpose were the PCF Pro-Am Tennis and Golf Tournaments, where athletes and spectators alike converged for a day of spirited competition. Following intense matches, champions emerged, including Pat Davidson and Janice Aron in Group 1, and Giselle Asplundh and Joe Jacobs in Group 2.

PCF's impact extends far beyond the tournament grounds. Through initiatives like supporting young investigators, partnering

with the VA to enhance care for veterans, and fostering collaborative research teams, PCF continues to drive progress in cancer treatment and beyond. The organization's focus on immunotherapy, the microbiome, and nutrition science underscores its commitment to pioneering approaches in cancer research.

As the curtains closed on another successful event, the Prostate Cancer Foundation

reaffirmed its position as a global leader in cancer research philanthropy. With nearly $800 million allocated to cuttingedge research and a tangible reduction in mortality rates, PCF's legacy of saving lives and advancing science remains unparalleled. In the relentless pursuit of a world free from prostate cancer, PCF's unwavering dedication serves as a beacon of hope for millions worldwide.

Photos: BFA / Diana Zapata

Michael Milken, John Barry, Daria Becker Barry, Charles J. Ryan

Larry Leeds, Ginger Feuer Leeds

Nima Sharifi, Kosj Yamoah, Charles J. Ryan

Bill Koch

John Paulson Mackenzie Price

CELEBRATING A MILESTONE The 25th Annual Old Bags Luncheon Silver Jubilee

By Hillary Latos

In the heart of Palm Beach, the Center for Family Services Palm Beach County hosted its signature event, the Old Bags Luncheon, at the luxurious Breakers Palm Beach. This year marked a significant milestone for the fundraiser, celebrating its 25th anniversary - a Silver Jubilee of unparalleled success and philanthropic impact. The event not only paid tribute to a quarter-century of commitment to local needs but also shone with star power, featuring keynote speaker Martha Stewart and honoring Dee Ocleppo Hilfiger with the inaugural Fashion and Philanthropy Award.

A Tradition of Elegance and Aid

The Old Bags Luncheon has become an iconic event in Palm Beach, known for its unique blend of fashion, philanthropy, and community support. It serves as a pivotal moment each year for raising funds and awareness for the Center for Family Services, an organization dedicated to strengthening families within the community. This year's Silver Jubilee was a testament to the enduring appeal and impact of the luncheon, drawing a host of notable attendees and philanthropists eager to support the cause.

Star-Studded Attendees and Honors

The luncheon was graced by the presence of lifestyle mogul Martha Stewart, who delivered the keynote speech, and Dee Ocleppo Hilfiger, who was recognized for her contributions to fashion and philanthropy. The event also attracted an array of celebrities, designers, and philanthropic leaders, including Tommy Hilfiger, Liz Quirantes, Kimberly Guilfoyle, and Ramona Singer, among others. The collective star power and commitment of these attendees underscored the luncheon's importance as a beacon of support for the Center for Family Services.

About the Center for Family Services of Palm Beach County

Since its inception in 1961, the Center for Family Services has been a cornerstone of support for individuals, families, and children in Palm Beach County. With a focus on fostering healthy connections within families and the community, the Center provides a range of innovative programs and services tailored to meet evolving needs. Its dedication to excellence has earned

Tommy Hilfiger, Dee Ocleppo Hilfiger

national accreditation from the Council on Accreditation and local recognition for nonprofit management.

A Future of Continued Impact

As the 25th Annual Old Bags Luncheon Silver Jubilee concludes, the legacy of this cherished event continues. The funds raised and the awareness generated promise to further empower the Center for Family Services in its mission to support and uplift the community. With the backing of esteemed figures like Martha Stewart and Dee Ocleppo Hilfiger, along with the generosity of countless attendees and supporters, the future looks bright for this vital Palm Beach institution.

For those inspired by the event's mission and wishing to contribute or learn more, the Center for Family Services welcomes engagement and support. As it moves forward, the organization remains committed to being a source of hope, support, and innovation for Palm Beach County's families and children, building a stronger, healthier community for all.

www.ctrfam.org

Photo credit: BFA / Michelle Kammerman

Sarah Wragge, Claire Florence

Karen Rich, Michelle Russell Johnson

Jean Shafiroff

Liz Quirates

Kimberly Guilfoyle (Photo: Capehart)