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New York-based Blackstone Group, a private equity investment management firm with $564 billion in assets under management, plans to open a downtown Miami office. The New York-based private equity giant plans to hire an estimated 215 employees and will Miami employees an average of $200,000 a year.
The company calls Miami “a vibrant market with a pipeline of top talent from best-in-class technology programs and a large technology footprint.” The local expansion in 50,000 square feet of space will enable Blackstone to diversify its talent pool and grow its technology team, it says. Blackstone’s move is incredible news for the Miami tech ecosystem and those interested in working in the tech sector in South Florida.
The Miami Downtown Development Authority plans to award Blackstone with up to $150,000 later this month as part of its Follow the Sun initiative, encouraging companies to expand to South Florida.
The Miami Downtown Development Authority plans to award Blackstone with up to $150,000 later this month as part of its Follow the Sun initiative encouraging companies to expand to South Florida.
Watch the recent webinar featuring Blackstone Executives hosted by Wyncode here.