In ArcCatalog you can right click in a folder and a context pane shows up that allows you to create a new address locator. Does Pro have similar right click functionality with a folder in the Catalog pane?
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Don't see it in 2.5, which Dan and Joe have already confirmed:

But look what we see in 2.6...

which opens the new style Create Locator tool that Joe mentioned.
Create Address Locator—Help | Documentation
Create Composite Address Locator—Help | Documentation
No pane, no view, there are these tools, just for you ![]()
Yep... Tools only. Also remember that the tools Dan mentions above are the 'old style' locators. Use the Create Locator tool to create the new style single or mutli-role locators. The new styles cannot be used in ArcMap.
Don't see it in 2.5, which Dan and Joe have already confirmed:

But look what we see in 2.6...

which opens the new style Create Locator tool that Joe mentioned.