Partners Group's Miami Play: A Strategic Pivot to Latin American Growth and Diversification

The announcement of Partners Group's new Miami office on July 9, 2025, marks a pivotal step in the firm's evolution as a global private markets leader. This expansion, strategically situated at 200 S Biscayne Blvd., Suite 4650, Miami, FL 33131, positions the firm to capitalize on high-growth opportunities in logistics, tech infrastructure, and residential real estate across Latin America. By deepening its North American footprint—where it has deployed over $100 billion in capital—and leveraging its recent acquisition of Empira Group, a residential real estate specialist, Partners Group is poised to amplify returns for investors through geographic diversification and localized client engagement.

The Miami Expansion: Geographic Diversification and Regional Hub

Miami's status as a gateway to Latin America is central to Partners Group's strategy. As a hub for business development in Florida, the office strengthens ties with Southeast U.S. clients while serving as a springboard into markets like Brazil, Colombia, and Mexico. The co-location with Empira Group—a platform specializing in residential assets acquired in early 2025—adds immediate expertise in a sector critical to Latin America's urbanization boom. Jose Mahomar, Global Head of Consultant Relations, and Rafael Aregger, Head of U.S. Investments, lead the Miami operation, ensuring seamless integration of real estate and private markets expertise. This dual focus on U.S. client proximity and Latin American expansion underscores the firm's long-term vision for regional dominance.

Empira Group's Role: Real Estate as a Catalyst

Empira's residential portfolio is a linchpin for Partners Group's Latin American ambitions. With urban populations in the region expected to grow by 180 million by 2030 (UN estimates), demand for affordable housing and mixed-use developments is surging. The Miami office's real estate synergy allows Partners Group to capitalize on this trend, particularly in logistics-heavy corridors near ports and tech hubs. For example, shows a 32% increase in capital deployed since 2020, outpacing global averages. By combining Empira's local market knowledge with its own infrastructure and private equity capabilities, Partners Group can create vertically integrated opportunities—from warehouses near residential zones to tech campuses adjacent to urban centers.

North American Investments: A Foundation for Growth

Partners Group's $100 billion+ North American portfolio, representing 45% of its $150 billion AuM, provides a robust base for scaling Latin American initiatives. Key investments in sectors like data centers (EdgeCore), electrification (Gateway Fleets), and pharmaceuticals (PCI Pharmaceuticals) align with Latin America's infrastructure and tech needs. For instance, reveals a 40% compound annual growth rate, driven by cloud adoption and 5G rollouts. These trends are now replicating in Latin America, where Partners Group can deploy similar strategies. The Miami office's proximity to Florida's tech corridor and its logistical access to Caribbean and South American markets further amplify its operational efficiency.

Operational Advantages of Localized Engagement

Localized client relationships are a differentiator. By moving key decision-makers to Miami, Partners Group reduces latency in dealmaking, enabling faster responses to opportunities in volatile markets. Mahomar's role as Global Head of Consultant Relations ensures that institutional investors and family offices in the Southeast U.S. receive tailored solutions, while Aregger's oversight of Empira's U.S. operations creates cross-selling opportunities. This dual focus on client service and regional integration reduces execution risk—a critical factor in emerging markets.

Investment Implications: A Catalyst for Future Returns

The Miami expansion is more than a physical presence; it is a strategic bet on Latin America's economic transformation. With 45% of AuM already tied to North America and a proven track record in infrastructure and real estate, Partners Group is well-positioned to leverage its scale. Investors should note three key catalysts:
1. Sector Synergy: The confluence of logistics, tech infrastructure, and residential real estate creates cross-sector opportunities (e.g., data centers near residential complexes).
2. Geographic Diversification: Latin America's GDP growth is projected to average 3% annually through 2030 (IMF), outpacing developed markets.
3. Risk Mitigation: A localized team reduces currency and regulatory risks, critical in volatile jurisdictions like Argentina or Brazil.

For investors, this expansion signals confidence in the region's potential. Partners Group's ability to deploy capital across asset classes—from EnfraGen's power projects to Empira's housing—creates a diversified return profile. While private markets require patience, the Miami move aligns with long-term trends, making it a compelling entry point for those seeking exposure to Latin American growth without direct market volatility.

Final Take: A Strategic Move with Long-Term Payoffs

Partners Group's Miami office is a masterstroke of strategic foresight. By combining its North American scale with Empira's real estate prowess and a localized team, it has created a platform to dominate high-growth sectors in Latin America. Investors should view this as a catalyst to consider allocations to Partners Group's private wealth or infrastructure funds, particularly as the firm expands its footprint in one of the world's fastest-growing regions. The question now is not whether Latin America will grow, but how quickly—Partners Group is ready to lead the charge.

Projected to grow from $12B to $25B by end-2025, underscoring the Miami expansion's impact.