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Palm Tree Crew Holdings
Palm Tree Crew is a Miami-based entertainment, hospitality and investment holding company founded by Norwegian DJ and producer Kygo (Kyrre Gorvell-Dahll) and his manager Myles Shear. Built around the globe-trotting Palm Tree Music Festival, the company spans four lines of business - live events, hospitality venues and beach clubs, a consumer lifestyle and apparel brand, and a multi-product investment platform. In September 2025 it raised a $20 million Series B led by WME Group at a $215 million valuation to fund international festival expansion, new clubs and hotels, and early-stage bets in beverages and consumer goods.
Michael Diaz
Michael Diaz is the CEO of Palm Tree Crew Holdings, the diversified lifestyle, live-events, and investment company Kygo and Myles Shear founded in 2020. A former Duke undergrad who spent his early career in investment banking at UBS and as a Managing Director at LionTree, Diaz now runs a business that in 2025 raised a $20M Series B led by WME Group at a $215M valuation, opened four Palm Tree Club hospitality venues in under a year, and expanded its festival footprint from Oahu and West Palm Beach to Saint-Tropez and Sardinia.