Orlando Bravo Says Miami Can Be ‘Really Important' Commerce Hub [BNN Bloomberg (Canada)]
Morgan Stanley (MS)
Last morgan stanley earnings: 4/16 07:15 am
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Source: BNN Bloomberg
The Puerto Rican-born billionaire moved to Miami in 2020 after working for more than 25 years in Thoma Bravo's San Francisco office, and the software-focused buyout firm announced the next year that it was opening an office in the Florida city's Brickell financial district. Bravo wanted to promote the kind of independent thinking that becomes less likely when employees all live in the same place, he said on an episode of “Bloomberg Wealth with David Rubenstein.” “You start basically talking the same way, thinking the same way, using the same terms, using the same phrases,” Bravo said. “And I'm very, very protective of our culture, our next generation, and the way to think differently.” It's hard to match Silicon Valley as a hub of innovation or New York as a financial center, Bravo said. But Miami has the potential to become a “really important center of commerce and industry,” he said. The firm hasn't had trouble finding talent in Miami, Bravo said, noting that its business
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