A system and method support can subnet management in a cloud environment. During a virtual machine migration in a cloud environment, a subnet manager can become a bottleneck point that delays efficient service. A system and method can alleviate this bottleneck point by ensuring a virtual machine retains a plurality of addresses after migration. The system and method can further allow for each host node within the cloud environment to be associated with a local cache that virtual machines can utilize when re-establishing communication with a migrated virtual machine.