"This year, conference-goers traded pictures and videos of the US men's hockey party at the local club E11even on Monday night. The team flew in from the host country of the Winter Olympics, Italy, and left the next morning, providing a clean metaphor for the entire week: Miami is a getaway, not a home."
"The annual iConnections conference brings thousands of finance pros to the city, and while Miami is still growing steadily, thanks in part to Ken Griffin's Citadel and companies like Palantir, the investing industry has yet to move en masse to the region."
"Many of the attendees battled the record-setting blizzard that hit New York and New England on Sunday and Monday to reach the Magic City. A person close to the conference said iConnections chartered several planes for attendees that left from New Jersey's Teterboro airport on Saturday as airlines began canceling flights."
The iConnections hedge fund conference in Miami drew thousands of finance professionals, institutional investors, and service providers to South Beach. While Miami has grown as a financial hub through firms like Citadel and Palantir, it remains primarily a getaway destination rather than a permanent home for the investing industry. Attendees fleeing record blizzards in New York and New England traveled to Miami for the conference, with some chartered flights arranged from New Jersey. The social currency of the event centered on leisure activities rather than property relocation discussions, reflecting Miami's status as a temporary escape for finance professionals rather than a destination prompting mass industry migration.
#hedge-funds #miami-finance-hub #iconnections-conference #financial-services-migration #institutional-investment
Read at Business Insider
Unable to calculate read time
Collection
[
|
...
]