Wed, Oct 24, 2018
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Alternative Market Briefing

Miami goes international: Miami Worldcenter with buyers from 50 countries

Tuesday, March 13, 2018

Komfie Manalo, Opalesque Asia:

Miami has come a long way to develop itself as a major financial hub and has attracted big names from the financial circles, said Nitin Motwani, who chairs the economic development for the Downtown Development Authority at the Miami Worldcenter.

He told participants at the latest Opalesque 2018 Miami Roundtable that the Miami Downtown Development Authority has launched an initiative that is directed at the broad sphere of investment and wealth management firms. So far, the initiative has attracted over 50 finance firms moving to Miami ranging from family offices to venture capitalists.

According to Motwani, he moved to Miami from New York in 2001 and since then the city has changed dramatically. When he cae to Miami, there was no art museum, Museum of Science, performing arts center, or New World Symphony.

He stated, "The sports teams, the restaurants, and the hotels have evolved. And as someone who's in private equity as well as the development space, we have certainly upped our game as far as buildings go. Every Pritzker Prize winning architect is in Miami. I think it speaks volumes to what's happening here and that also goes for all the major brands from Four Seasons, Faena, Edition, et cetera."

However, while Motwani noted that while Miami has matured over the past years, it still has a long way to go.

A $3bn dollar train system where ......................

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. BB&T Securities to bolster alternative investment offerings with CAIS platform[more]

    Laxman Pai, Opalesque Asia: The financial services firm BB&T Securities has selects the financial product marketplace CAIS to expand alternative investment access for advisors. A press release from the wholly owned subsidiary of BB&T Corporation said that with CAIS, it will gain access to pr

  2. Europe: Europeans up interest in unconstrained bond strategies, Generali steps up efforts to build multi-boutique business, Nordea bank in new Russia funds complaint, FCA proposes climate risk reporting duty for asset managers[more]

    Europeans up interest in unconstrained bond strategies Unconstrained bond assets are on the rise. Across both retail and institutional accounts, assets under management in these strategies rose from $153.2 billion in Q2 2013 to $289.7 billion in Q2 2018, for a five-year compound annual

  3. Investing: Billionaire Leon Cooperman explains how he ended up investing his personal money in pot stocks, U.S. fund investors pull most cash from bonds since February -ICI[more]

    Billionaire Leon Cooperman explains how he ended up investing his personal money in pot stocks From CNBC: Billionaire hedge fund investor Leon Cooperman confirmed to CNBC on Wednesday that he has personal money in the cannabis industry, noting investments in a few young marijuana companie

  4. Activists: Frustrated GM investors ask what more CEO Barra can do, Hedge funds snap up chunks of struggling Debenhams, Retailer Casino's parent Rallye gets offer for 'Courir' sports arm[more]

    Frustrated GM investors ask what more CEO Barra can do From Reuters: General Motors Co Chief Executive Mary Barra has transformed the No. 1 U.S. automaker in her almost five years in charge, but that is still not enough to satisfy investors. Ahead of third-quarter results due on Oct

  5. Opinion: New York billionaire Catsimatidis on equity investing and cryptocurrencies, Tomilson Hill shares his secret to buying great art that turns into even better investment, Howard Marks says markets are in eighth innings[more]

    New York billionaire Catsimatidis on equity investing and cryptocurrencies From Forbes: John Catsimatidis, whose $3.1 billion fortune lies in extensive real estate, Gristedes supermarkets and a Pennsylvania oil refinery, is serious about his investment portfolio. His goal is a double-digi