The Long Game: Opportunity Zone Fund Formation Considerations and Planning for Success from Start to Finish

When forming an Opportunity Fund, from the very beginning, you need to be planning for each stage in an OZ investment’s life cycle: the capital raise, how and where to hold the invested capital, timely deployment, managing the assets, maintaining Opportunity Fund status by satisfying the various regulatory tests, and the exit — which for [...]

Why the Latest Opportunity Zone Reporting Bill Introduced is Another Win for Transparency

U.S. Senator Tim Scott introduced the IMPACT Act today, an expanded bill that would establish reporting requirements for the Opportunity Zones incentive. “It’s loud and clear that legislative momentum and interest around reporting requirements continues to grow by all sides of the aisle,” said Reid Thomas, Chief Revenue Officer and Managing Director of JTC Americas’ [...]

2021-05-05T11:01:44-07:00December 6th, 2019|Categories: Blog, Opportunity Zones|Tags: , , , , |

Why the Newly Introduced Opportunity Zone Reporting Bills are a Win for Transparency

Senator Ron Wyden introduced the “Opportunity Zone Reporting and Reform Act” this week, which would amend the Internal Revenue Code of 1986 to require to increase reporting for qualified opportunity funds. “Legislative momentum around reporting requirements continues to increase,” said Reid Thomas, Chief Revenue Officer and Managing Director of JTC Americas' Specialty Financial Administration [...]

NES Financial Signs 50th Opportunity Zone Fund

JTC Americas, formerly NES Financial, a fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today that it has contracted to provide its 50th Opportunity Zone client with its purpose-built Opportunity Zone Fund Administration Solution. “NES Financial is a pioneer in the Opportunity Zone space, growing significantly since [...]

“Plumbing” or Strategic Engine? Privcap on the Evolution—and the Future—of PE Fund Administration

A Privcap articles expands how the days of black boxes and no-questions-asked financial returns are long gone. Growing pressures from both regulators and investors for more transparency and more rigorous reporting have led to a boon in third-party private equity fund administration services. That growth has been fueled by more than compliance and competition, however. [...]

NES Financial Innovation Series Webinar: Next Generation Escrows

NES Financial’s Innovation Series kicks off with “Next Generation Escrows” on March 30, 2017 at 11:00 A.M. PST, and brings together the experience and expertise of Arnstein & Lehr’s Rohit Kapuria and NES Financial’s Reid Thomas. The EB-5 Regional Center Program continues to stand as a conduit for billions of dollars in foreign direct investment. [...]

2021-06-16T04:10:15-07:00March 14th, 2017|Categories: Blog, EB-5|Tags: , , , , , |

Selecting the Right Qualified Intermediary in a 1031 Exchange

Given the unpredictable state of today’s economy, many companies are selling business or investment property and buying other investment assets. By using a 1031 exchange in this process, companies can defer capital gains and depreciation recapture taxes. One of the requirements of using a 1031 exchange is that funds must be held in banks with [...]

2020-10-09T15:40:54-07:00February 28th, 2017|Categories: 1031 Exchange, Blog|Tags: , , , |

Stronger Integrity Measures in Store for a Long-Term EB-5 Extension

Even as the EB-5 Regional Center Program received another short-term extension on December 9 with the Continuing Resolution, comprehensive program reforms and a long-term extension are projected before April 2017. In recent legislative draft proposals, a strong emphasis has again been placed on protecting stakeholder rights. The proposal language mirrors previous EB-5 legislative drafts, which [...]

2021-12-13T16:58:05-08:00December 16th, 2016|Categories: Blog, EB-5|Tags: , , , , |

Private Equity’s Middle Market: Competition and Opportunity

Come celebrate out new name, JTC Americas, at our Virtual Open House on May 26 - RSVP NOW! In the era of headline grabbing megafunds, an insatiable appetite for the middle market has spurred unprecedented competition in the private equity industry. Generally categorized as buyout transactions under $500 million, the middle market offers significantly more [...]

2021-05-19T10:53:21-07:00December 11th, 2016|Categories: Blog, Private Equity|Tags: , , |

EB-5 Regional Center Program Extended Through April 2017

Replicating the high drama of the September 29 continuing resolution, the EB-5 Regional Center Program is set to be extended again through April 28, 2017. On December 6, 2016, Congress signaled that it would pass a new CR through a House-introduced Further Continuing and Security Assistance Appropriations Act. The Senate finally passed the CR with [...]

2020-10-22T16:13:47-07:00December 10th, 2016|Categories: Blog, EB-5|Tags: , , , |
Load More Posts
Go to Top