Apollo Global Management, a private equity firm with $414 billion under management, is considering opening a Miami office.
The new office in Miami is being considered after the company surveyed employees on where they would like to work from, a spokesperson told Bloomberg.
An office in West Palm Beach is also under consideration following the survey.
Apollo has 1,729 employees.
The company is considering experimenting with the new offices in more attractive cities such as Miami in an effort to attract top tier talent.
The company is headquartered in New York. Although a major tax increase was recently announced there, the company currently has no plans to move its main offices from there.
Apollo recently led a $345 million construction loan to build Miami Beach’s tallest tower, Five Park, along with Blackstone, another company that also recently opened a Miami office.