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June 25, 2019 Newswires
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Verte Opportunity Zone Fund Launches to Couple Sophisticated Investors with High Growth Startup Companies

PR Web

COLLEGE PARK, Md. (PRWEB) June 25, 2019

Verte Opportunity Zone Fund launches to couple sophisticated investors with high growth startup companies. The fund has been authorized to raise up to $100 Million focusing on disruptive and innovative businesses. That includes Life Sciences, Technology, Cannabis, Healthcare and Biotech companies with proven business models in industry sectors where they believes the upside potential is enormous. The VerteOZ Fund is a Venture Capital Opportunity Zone fund. It is founded by entrepreneurs to invest in entrepreneurs. VerteOZ's business insight comes from over four and a half decades of first hand execution and investment experience along with a deep and wide network of relationships, more so than just capital to each investment is what it brings to the table. Their business model, which is supported by experience in prior funds, is that entrepreneurs favor other entrepreneurs as investors. Their executive team has a proven track record of exits, generating above average returns to their investors, and experience in portfolio fund management with assets in excess of $1 Trillion.

"We believe the key to out-performance throughout the venture cycle is to leverage expertise and remain disciplined. Reactionary investment strategies that change with the cycle have led many venture investors to experience poor performance," said VerteOZ CEO, Len Mills. "The VerteOZ Fund addresses these industry dynamics by maintaining a responsible fund size, focusing on early stage, long-standing manager relationships, investing in every vintage year, and carefully conducting diligence on each investment."

The VerteOZ Fund is looking for "High Growth" businesses that address targeted consumer needs by producing innovative products and services. These start-ups and speed-ups are disruptive social impact companies that will create future recurring revenue streams and leverage technology to create natural barriers to entry.

About CEO Dr. Leonard Mills

Dr. Leonard (Len) Mills has over 30 years of experience as an investment manager of large and small portfolios. His previous employment includes positions at the Federal Reserve, Fannie Mae, Wells Fargo, privately held funds, and as a adjunct professor. Len holds a B.S. in Mathematics, a Ph.D. in Economics, is a Chartered Financial Analyst (CFA) and holds the Certificate in Quantitative Finance (CQF).

Len spent over 15 years as Head of Portfolio Analytics and Research for Fannie Mae's direct portfolio, which peaked at over $1.5 trillion in assets under management. After leaving Fannie in 2005, he was a Principal in Unison Investment Management that managed two funds: a private real estate equity fund and a leveraged interest rate derivatives fund. In 2010, he joined Wells Fargo's Corporate Risk group as a Head of Model Risk. Len started his own registered investment advisory business, PI Analytics Investment Adviser, in 2016. PI Analytics specializes in investing in alternative, hard-to-value assets that require expert knowledge to manage.

About Opportunity Zone Investing

Introduced by the Tax Cut and Jobs Act of 2017, Opportunity Zones are census tracts designated by state governments based on their lower income demographics. The Program was created to incentivize investment within these communities by providing material tax benefits to U.S. investors who re-invest any form of capital gains into Opportunity Zone Funds. Investing in qualified Opportunity Zone Funds allow U.S. investors to (1) defer taxes on the original capital gain until the end of 2026, (2) reduce the amount of deferred taxes owed by up to 15%, and (3) eliminate tax on capital gains from the re-investment if held for 10 years. The Fund, in turn, must investment in qualified real estate or businesses within the OZ.

Dr. Mills believes that Investing in a OZ fund that fuels start-up businesses will bring substantial benefits to all concerned. "Entrepreneurs are typically starving for capital to launch and expand their startups. Investors want to invest in these companies because of their high-growth potential and the material tax benefits provided by the new legislation. These start-ups will bring permanent jobs and valuable life-long skills to the OZ communities. It is a win-win-win. Investors are sitting on significant unrealized capital gains that could go a long way toward jump-starting communities."

About EazyDoIt Inc.

EazyDoIt, Inc. is an opportunity fund creation company based in Virginia Beach, VA. EazyDoIt works with clients to develop a structured turn-key solution for business owners, real estate development projects, high net worth individuals and family offices looking to set up an opportunity fund experience. EazyDoIt is recognized as a Top 10 OZ Influencer and is a leader in the Opportunity Fund Creation industry. Our CEO David Sillaman is a member of the Forbes Real Estate Counsel and EazyDoIt Funds have been recognized by FinTek News, Business Insider, Market Insider, Senior Housing News & Silicon Review to name a few. Mr. Sillaman is a frequent speaker at National Opportunity Zone Events, including the CDFA Florida Opportunity Zone Conference and past Opportunity Zone Expo Conferences. EazyDoIt has built one sixth (1/6) of all the opportunity funds in the market space today, with a strong emphasis on business based opportunity funds.

For more information:

VerteOz Fund at http://VerteOZ.com

EazyDoIt at http://www.EazyDoIt.com

The contents on this press release is for informational purposes only. This is not an offer to sell, nor a solicitation to buy Verte Qualified Opportunity Funds. That can only be done by our current Confidential Private Placement Memorandum ("CPPM"). Securities offered by Verte Opportunity Fund Inc are for accredited Investors only. Limited liquidity. The shares being sold in this offering have not been approved or disapproved by the Securities and Exchange Commission or any state's securities division. Nor has the Securities and Exchange Commission or any state securities department passed upon the accuracy or adequacy of the CPPM or the disclosures provided therein. Any representation to the contrary is a criminal offense. The information is provided by Verte Opportunity Fund Inc. and while we endeavor to keep the information up to date and correct, we make no representations or warranties of any kind, express or implied, about the completeness, accuracy, reliability, suitability or availability with respect to the website or the information, products, services, or related graphics contained on the website for any purpose. Any reliance you place on such information is therefore strictly at your own risk.

Read the full story at https://www.prweb.com/releases/verte_opportunity_zone_fund_launches_to_couple_sophisticated_investors_with_high_growth_startup_companies/prweb16402182.htm

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