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Among the new firms setting up in Florida is Diameter, a hedge fund looking to capitalize on Florida’s growing finance sector. The founders of Diameter represent a younger generation seeking to redefine their positions within the finance world. They’ve embraced modern techniques such as remote collaboration, capitalizing on technology to innovate in investment strategies.
Furthermore, the hedge fund industry as a whole, now managing over $4.5 trillion in assets, is increasingly influential. With fewer restrictions compared to traditional banks, hedge funds are maneuvering with flexibility and speed, making them suitable candidates to thrive in South Florida's economic landscape.