Punahou School’s PUEO Program

PUEO Program pic

PUEO Program
Image: punahou.edu

Bill Reeves is a Yale University graduate and Hawaii resident with more than 20 years of experience in the financial sector. The cofounder of Blue Crest Capital Management, Bill Reeves sold his company holdings in 2010 and now supports charitable causes, notably those that benefit Hawaii’s education system. He provided startup finances for Punahou School’s Clarence T. C. Ching PUEO (Partnerships in Unlimited Educational Opportunities) program.

PUEO assists middle and high school students in reaching their high academic potential through group mentoring, summer school classes, and year-round educational activities.

The program’s six-week summer courses address student-specific needs and areas of weakness and conclude with a student-led oral presentation to peers and teachers. Students also visit four postsecondary campuses on the island and speak to counselors to better prepare for college life.

PUEO-led academic events throughout the year include an annual spring luau, environmental stewardship field trips, poetry workshops, and the Lacy Veach Day of Discovery, which includes science- and engineering-based activities.


How Third Way Is Affecting Public Policy on Clean Energy

Third Way Capital Markets Initiative pic

Third Way Capital Markets Initiative
Image: thirdway.org

Bill Reeves is a Hawaii-based businessman and one of the founders of Blue Crest Capital Management, a hedge fund with offices in London, New York, Boston, Geneva, Connecticut, and Singapore. An active philanthropist, Bill Reeves is involved in various groups and organizations based in Hawaii and other states. He currently serves as a board member at Third Way.

Established in 2005, Third Way is a public-policy think tank based in Washington D.C. The organization is focused on three main activities: policy idea development, public opinion research, and issue briefings. The core mission of Third Way is to encourage the governing of the United States of America from the center, and it focuses on impacting key issues such as deficit reduction, education reform, and clean energy.

For its involvement in clean energy, Third Way has facilitated new policy discussions surrounding advanced nuclear technology. The organization believes that the country is in need of energy sources that do not contribute to climate change. This belief spurred policy discussions that addressed the role of the government in encouraging the private sector to further innovate nuclear reactors. The policy discussion has engaged the White House, the Department of Energy, and Congress and has culminated in the introduction of bipartisan legislation providing the government access that new companies need to commercialize their nuclear reactors.

How Stand Up Paddling Became a Global Phenomenon

Stand Up Paddling pic

Stand Up Paddling
Image: rei.com

Before co-founding Blue Crest Capital Management in 2000, Bill Reeves served as the head of macro strategy and trading at JP Morgan & Chase in New York City. As a resident of Hawaii, Bill Reeves engages in several sports that are closely connected to Hawaii including stand up paddling (SUP).

SUP is a variation of the popular sport surfing, and involves participants using a paddle to propel themselves across the water while standing on a board. In recent years, SUP has grown in popularity with nearly three million Americans participating in 2014.

The origins of SUP can be traced back to many ancient civilizations in Africa and South America, where long sticks or paddles have been used to propel boards, canoes, and other forms of watercraft. However, the modern SUP tradition has its roots in Polynesia and was first observed by Captain James Cook. In 1778, Cook found Hawaiian natives using paddles to propel specially carved ritual boards made from the Koa tree. SUP was a strictly Hawaiian activity until 2004 when Rick Thomas brought the sport to California. Stand up paddling immediately caught on and quickly spread throughout the globe. SUP’s sudden surge in popularity was seen as a much-needed addition to the sport of surfing.

Lack of Access to Capital Hampers Transformative Business Growth

Third Way Capital Markets Initiative pic

Third Way Capital Markets Initiative
Image: thirdway.org

Bill Reeves is an active member of the Hawaii community who focuses on educational programs in the islands and serves on the Kamehameha School’s Investment Advisory Committee. Bill Reeves also has board responsibilities with the East West Center in Honolulu, Hawaii, and with the Third Way Capital Markets Initiative.

With a focus on sensible policies that span partisan political affiliations, the Third Way Capital Markets Initiative conducts in-depth research on everything from economics to health care. A recent article released by Third Way focused on a study that found that new U.S. businesses need improved access to capital to expand.

There are two primary business types, transformational and traditional, with the latter focused on well-defined strategic models in traditional sectors such as hospitality. While a majority fail, transformational companies are those that seek to innovate and disrupt their given sectors, often in ways that also improve people’s lives. Examples of such companies started during the past decade range from Dropbox to Solar City.

Unfortunately, the ranks of these types of businesses have thinned over the past few years. This has to do with a drying up of traditional consumer lending resources that the youngest startups rely on to gain a track record and attract further investment.

Unable to access the desired private capital markets, they must often rely solely on the equity of partners and family members, as well elusive angel investors. For a majority of the startups surveyed, these funds are not enough, and potentially game-changing products, services, and technologies get left in the pipeline.

Basic Open Water Swimming Safety

Open Water Swimming pic

Open Water Swimming
Image: active.com

A partner at BlueMountain Capital Management, Bill Reeves of Hawaii gained international recognition in the finance industry when he cofounded the New York-based hedge fund firm BlueCrest Capital Management. In his free time, Bill Reeves of Hawaii enjoys staying active through open water swimming.

Open water swimming can be unpredictable and more dangerous than pool swimming. Ideally, people who are learning to swim should not practice in open water. Doing so puts them more at risk getting swept underwater by a current and even drowning. Regardless of skill, open water swimmers should always check the weather and current conditions where they plan to swim. Strong currents can quickly take swimmers off track and into dangerous spots. Further, it is always a good idea to go swimming with at least one other person. This way, if there is an emergency, swimmers can help look out for each other to prevent major disasters.

Depending on the area in which a swimmer plans to go, learning about the local sea life can keep swimmers safe and calm. If sharks or jellyfish are common in an area, swimmers can be on the lookout to keep from getting bitten or stung. At a lake, swimmers should consider the level of bacteria in the water. Many areas close after rainstorms to protect against this, but if they do not, swimmers should be aware of the risk.

While all these minor safety points can decrease a swimmer’s risk, emergencies can still happen. To stay safe, swimmers should know how to handle certain currents, animal encounters, and any other situations they may experience.