LATAM Investment Summit: A New Era of Latin American Investment in Miami
Miami will once again become the epicenter of Latin American business and investment as some of the wealthiest and most influential families from the region convene for the LATAM Investment Convergence Summit. The event, taking place October 8-9 at the JW Marriott Miami, promises to redefine investment strategies, foster sustainability, and advance technological innovation across Latin America while fortifying economic ties with the United States.
The summit, organized by the Opal Group in partnership with the LATAM Family Office Society, marks a significant milestone in collaboration between Latin American entrepreneurs, investors, and financial institutions. It represents a shift in Miami's appeal, extending beyond its traditional reputation as a real estate hub to encompass a broader platform for economic development and international business.
Uniting Latin America’s Wealthiest Families
Attendees include leaders from prominent family-owned businesses, such as Ecuador’s Bonita Banana, Guatemala’s Pollo Campero, and Panama’s Copa Airlines. Together, they will explore high-growth sectors and opportunities, address technological transformations in business, and evaluate the potential of real estate investments in both Miami and Latin America.
“The LATAM Investment Convergence Summit 2024 is key to boosting business development in Latin America,” said Luis Noboa, a board member of the LATAM Family Office Society and part of the founding family of Bonita Banana. He emphasized the event’s potential to foster strategic alliances, investment opportunities, and access to cutting-edge technologies.
Lourdes Castillo, co-founder of the LATAM Family Office Society and chairwoman of the board, highlighted the importance of creating a space for families with shared economic influence and goals. “This summit allows families not just to enhance their portfolios but also to invest in their countries,” said Castillo, who is also a co-founder of the Economic Club of Miami.
A Focus on Growth and Social Impact
The summit will delve into identifying Latin America’s most promising growth sectors, including technology, real estate, and sustainability. With younger generations such as millennials and Gen Z stepping into leadership roles within these family businesses, there is a growing emphasis on investments that generate social impact, reflecting broader trends in family offices globally.
Forbes recently reported a rise in socially conscious investments among younger family office leaders, and this summit is seen as a key driver of this trend within the Latin American community.
Revitalizing Miami’s Role as a Gateway to Latin America
Historically, Miami has served as a bridge between the United States and Latin America, with its real estate market benefiting significantly from Latin American investments. However, the COVID-19 pandemic disrupted these trade ties, leaving room for other global powers to gain influence in the region. The LATAM Investment Convergence Summit aims to rekindle Miami’s role as a gateway for Latin American business and strengthen the city’s position as a critical hub for economic collaboration.
Looking Ahead
As Miami welcomes these influential families, the LATAM Investment Convergence Summit underscores the growing recognition of Latin America’s economic potential. By creating a platform for dialogue, collaboration, and innovation, the event is poised to shape the future of investment in the region while reaffirming Miami’s pivotal role in fostering these connections.
For more information about the summit, visit the LATAM Family Office Society website or contact the organizers at the Opal Group.
