Thu, May 28, 2015
A A A
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

amb
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. Opalesque Exclusive: SEC approves proposed changes to Form ADV, '40 Act - comment period to follow[more]

    Bailey McCann, Opalesque New York: Hedge funds and providers of liquid alternatives will want to pay close attention to proposed reforms approved by the SEC yesterday. The changes will require more frequent reporting, as well as a closer look into social media, liquid alternative strategies, and

  2. Investing - Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds, Hedge funds buy Actavis, Valeant. ETFs join the party, The most loved biotechs of big hedge funds, Stocks to buy ... according to hedge funds, Atlantic City bond offering attracts hedge funds as buyers, Okumus Fund Management discloses huge new Ascent Capital Group stake[more]

    Hedge funds buy swathes of foreclosed subprimes, force up rents, float rent-bonds From Boingboing.com: When a giant hedge fund is bidding on all the foreclosed houses in a poor neighborhood, living humans don't stand a chance -- but that's OK, because rapacious investors make great landl

  3. Institutions - Institutional investors turn to real estate, planes, Assets at Bostonís five biggest family nonprofits rise to $3.5bn[more]

    Institutional investors turn to real estate, planes From Joins.com: The National Pension Service and domestic emerging market specialists who did not know where to invest in a low interest rate environment are turning to other investments like the blue-chip real estate market abroad.

  4. Opalesque Exclusive: BMO launches multi-strat '40 act fund[more]

    Bailey McCann, Opalesque New York: As we reach new market highs, investors are looking for a way to diversify and protect their portfolios from a potential market correction. Liquid alternatives are rapidly gaining ground as a critical tool for investors to use to mitigate downside risk. The BMO

  5. All hedge fund strategies rebounded last week as market conditions normalize[more]

    Komfie Manalo, Opalesque Asia: After a difficult start this month, all hedge fund strategies ended last week in positive territory, as the Lyxor Hedge Fund Index gained 0.9% (-0.2% MTD, 3.3% YTD). According to Lyxor AMís latest Weekly Briefing, in t

 

banner