Hedge funds opening Miami Offices
BlueCrest Capital Management, the investment firm led by billionaire Michael Platt, has opened an office in Miami that’s initially staffed by six portfolio managers, according to people familiar with the matter. BlueCrest, which is based in Jersey, Channel Islands, is among the latest money managers to open an office in Florida, a state with no income tax and low property levies. The personal preferences of the six BlueCrest managers prompted their relocation to Miami, the people said.
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