SAN JOSE, Calif., Feb. 7, 2020 /PRNewswire-PRWeb/ -- Specialty financial administrator NES Financial announced today that it will host its first Opportunity Zones webinar of 2020, "Measuring Social Impact in Opportunity Zones," with Howard W. Buffett, professor at Columbia University and president of Global Impact LLC and Jonathan Tower, managing partner, and Benjamin Bornstein, managing director, of Arctaris Impact Investors.
The informational webinar is scheduled for February 12 at 11 a.m. PT and will be moderated by Reid Thomas, EVP of NES Financial. The event is free and open to public to attend.
"As Opportunity Zone investors continue to drive economic and social impact throughout the country, and legislative support grows for enhanced reporting requirements, there is a tremendous need for transparency and measuring capabilities," said Thomas, a frequent speaker at events and conferences across the country. "During this webinar, we will also be discussing NES Financial's collaboration with Howard W. Buffett's Impact Rate of Return®, or iRR®, an objective measuring capability, as well as discuss a real-world case study on the success that can come when an Opportunity Fund embraces high-bar social impact reporting from the outset."
Qualified Opportunity Zones were created by bipartisan Congressional legislation in 2017 to help incentivize economic development and growth in communities previously overlooked by investors. The initiative has grown considerably, with recently released final Treasury regulations and multiple legislative proposals to provide more meaningful reporting.
About NES Financial
NES Financial is a specialty financial administrator which serves sectors characterized by high administrative complexity, increased transaction security needs, and challenging regulatory compliance requirements. The company's purpose-built solutions streamline the administrative processes of these markets — simplifying specialized financial transactions, curtailing fraud and abuse, and ensuring the utmost in security, transparency and regulatory compliance through each step of an investment's life cycle.
NES Financial, recognized on the San Francisco Business Times' top Bay Area fintech list, has defined industry best practices in each of the markets it serves — from 1031 exchanges and EB-5 visa funding, to private equity and the landmark Opportunity Zones program. NES Financial services more than 300 funds, administers over $20B annually, and has worked with over 700 EB-5 projects. For more information, please visit nesfinancial.com.
About Global Impact LLC
Global Impact LLC is an advisory firm that advocates for a more informed, inclusive, accountable, and effective approach for accomplishing greater global impact. The company provides management consulting for impact-oriented program and project strategies, leveraging its proprietary Impact Rate of Return® methodology. The firm has been serving clients for over a decade, and works with organizations spanning the public, private, and philanthropic sectors. The company's advisory services are based on the Social Value Investing® framework, delivering analysis on the combined financial and social performance of grants and impact investments. The firm utilizes its unique toolsets in order to estimate, track, and report on a broad range of social, environmental, and economic impact.
About Arctaris Impact Investors
Arctaris is a Boston-based impact investment fund manager focused on revitalizing disinvested cities and targeted rural communities. The firm has launched and managed five funds during the last 10+ years through partnerships with institutional investors, CRA banks, foundations, the U.S. Treasury Department, and state economic development agencies. For more information visit - - arctaris.com.
SOURCE NES Financial