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Florida Gov. Invites Hedge Fund Providence To Move

FINalternatives – Florida’s governor is taking advantage of the publicity surrounding an anecdote-heavy New York Post article about hedge funds moving to Florida to pitch such a move to a Rhode Island hedge fund.

Gov. Rick Scott wrote to Providence Investment Management CEO Russell Jeffrey, touting Florida’s climate—both its weather and business climate, that is—and urging him to consider heading south. Scott said nothing about Rhode Island, exactly, instead focusing on his efforts to make “Florida the most business friendly state in the nation.”

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