Mon, Mar 19, 2018
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

More hedge funds and family offices set up satellite offices in Miami

Wednesday, January 08, 2014

Julie Neitzel
Komfie Manalo, Opalesque Asia:

The proximity of Miami, FL, to Latin America, attract hedge fund managers and family offices to set up satellite offices in the city, said Julie Neitzel, a partner at Wealth Enterprise Family Offices at the recent Opalesque Florida Roundtable. Miami is also a gateway to the Caribbean offshore financial centers, and the upgraded airport with new direct global connections makes international travel easier.

"There are satellite offices here from both U.S. based or offshore managers," Nietzel said and added, "The purpose of these offices generally is to access the Latin American capital markets and/or to oversee their U.S. based assets through these secondary offices. It appears there are a number of these types of operations in the Miami market."

Andrew H. Jacobus, President and CIO of investment advisory group FINSER International Group said that Miami is an easier place for fund managers and investors to come and do business with either investment advisors or fund managers.

He said, "This airport here is pretty outstanding, actually I just came back from New York, where LaGuardia or JFK are 100 years old airports and in dire need of a facelift. We have plenty of direct flights to places like Colombia or Venezue......................

To view our full article Click here

Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing


  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Performance - Hedge fund mojo is back with investor hopes at six-year high, These hedge funds produce the most consistently great results[more]

    Hedge fund mojo is back with investor hopes at six-year high From Hedge funds on the heels of a surprisingly strong performance in 2017 are raising hopes for an encore. Investors expect their managers to return 8.5 percent in 2018, according to a Credit Suisse Group AG sur

  2. Investing - Hedge funds amass big bets against world's leading advertisers, Investor Elliott Management buys tiny stake in Wipro[more]

    Hedge funds amass big bets against world's leading advertisers From Hedge funds have amassed bearish bets of more than $3bn against the world's largest advertising companies in an attempt to profit as the industry undergoes ongoing wrenching disruption and slowing growth. Funds i

  3. News Briefs - Investcorp to launch a $100 million PE fund for Omani pension funds[more]

    Bahrain-based investment firm Investcorp will soon launch a $100 million fund dedicated to Oman's Pension Funds as part of its investment plan. 'The Opportunities Fund' will be focused on private equity investments in the U.S. and Europe and will target mid-sized companies across a broad range of se

  4. DoubleLine's Gundlach sees U.S. 10-year Treasury yield rising, weighing on stocks[more]

    From Reuters/ Jeffrey Gundlach, the chief executive of DoubleLine Capital and known on Wall Street as the "Bond King," said on Tuesday the yield on the U.S. 10-year Treasury note will likely move higher and pressure riskier assets including equities and junk bonds. Gundlach, on an

  5. SEC charges Theranos CEO Holmes with fraud[more]

    Bailey McCann, Opalesque New York: The SEC has charged Elizabeth Holmes, founder and CEO of Theranos and its former President Ramesh "Sunny" Balwani with raising more than $700 million from investors through an elaborate, years-long fraud in which they exaggerated or made false statements about t