Key Takeaways
- • Brevan Howard, a Jersey-based European hedge fund managing assets for sovereign wealth funds and institutional clients, leased approximately 7,000 square feet on the third floor of Related Group's 2850 Tigertail Avenue building in Coconut Grove, Miami, with the lease signed in April 2026.
- • The lease reflects Brevan Howard's expansion into Miami as a new office location, joining its existing outposts in Jersey, London, Geneva, Hong Kong, Abu Dhabi, Bengaluru, Singapore, Austin, and New York, alongside planned expansion into Tokyo.
- • The Coconut Grove office building, a 10-story property completed by the Pérez family's Related Group in 2021 that now serves as Related's headquarters, continues to attract institutional tenants in Miami's competitive office market.
- • European firms are establishing Miami presences at accelerating pace, with Swiss packaging manufacturer Amcor simultaneously leasing 33,800 square feet for its U.S. headquarters at Southeast Financial Center in downtown Miami, signaling broader institutional migration to the region.
- • Brevan Howard is led by CEO Aron Landy and was represented by JLL brokers Daniel Posy and Ryan Levy; lease financial terms were not disclosed.
Summary
The hedge fund, led by CEO Aron Landy, manages capital on behalf of sovereign wealth funds, pension funds, foundations, endowments, and other institutional investors. Prior to the Miami lease, Brevan Howard operated from offices in Jersey (its primary base), London, Geneva, Hong Kong, Abu Dhabi, Bengaluru, and Singapore, with U.S. presence in Austin and New York. The Miami expansion signals the firm's confidence in the region's growing institutional finance ecosystem and its ability to attract global asset managers.
The Coconut Grove property itself is a 10-story building developed by the Pérez family's Related Group and completed in 2021. Related relocated its own headquarters to the property, establishing it as an anchor tenant and reflecting the development's institutional-grade quality. The building's appeal to Brevan Howard demonstrates continued tenant demand among international financial institutions seeking Miami-based operations.
Brevan Howard was not alone in establishing Miami operations during this period. Zurich-based packaging manufacturer Amcor simultaneously leased 33,800 square feet at Southeast Financial Center (200 South Biscayne Boulevard) in downtown Miami for its U.S. headquarters, signaling that Miami's attractiveness extends beyond hedge funds to diversified institutional and corporate tenants across sectors. These concurrent leases underscore Miami's position as an emerging hub for international institutional relocations and expansions.
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