The migration of hedge fund managers from Connecticut and New York to South Florida has transformed Miami into a legitimate financial center. Here are the titans who made the move.
Ken Griffin — Citadel
The big one. Griffin moved Citadel's headquarters from Chicago to Miami in 2022, bringing hundreds of high-paying jobs and setting off a wave of follow-on moves.
Ken Griffin
David Tepper — Appaloosa Management
Tepper was ahead of the curve, moving to Miami Beach in 2016. His $25 billion fund now operates from Florida.
David Tepper
Paul Tudor Jones — Tudor Investment
The macro trading legend has been a Palm Beach fixture for years, helping establish South Florida as a serious finance destination.
Paul Tudor Jones
Carl Icahn — Icahn Enterprises
The activist investor has operated from Indian Creek for decades, proving that Miami isn't just a recent phenomenon.
Carl Icahn
Dan Loeb — Third Point
The activist investor moved his family to Miami during the pandemic and now operates Third Point with significant Florida presence.
Dan Loeb
Combined AUM of hedge funds with Miami presence: Over $500 billion