NES Financial to Host Webinar on EB-5 trends and redeployment
The EB-5 stakeholders are reeling - from planning to work around the devastation of the industry by the COVID-19 pandemic to rethinking the course of Redeployment - as USCIS provides a "clarification" that no one saw coming
SAN JOSE, Calif., Aug. 11, 2020 /PRNewswire-PRWeb/ -- Specialty financial administrator NES Financial, a JTC Company (LON: JTC), announced today that it will host its next EB-5 webinar, EB-5 Trends and Redeployment During COVID, with Jason Orlosky, Head of Bridgeway Asset Management at Bridgeway Wealth Partners; Scott Fuller, CEO & Managing Partner at Capital United, EB-5 United; Joseph Haggenmiller, President at LCR Capital Partners; Ronald Fieldstone, Partner at Saul Ewing Arnstein & Lehr; and Rohit Kapuria, Counsel at Saul Ewing Arnstein & Lehr.
The informational webinar is scheduled for August 12 at 2 p.m. Eastern Time and will be moderated by Jeff Drinkwater, Regional Vice President, Business Development, at NES Financial. The event is free and open to the public to attend.
The global spread of COVID-19 has upended entire economies. The EB-5 Program has been hit especially hard because each of its three key component industries: employment, immigration, and real estate development, have deteriorated as social distancing regulations force furloughs, defaults and closures. Our panel of experts will discuss the trends and how the EB-5 industry is evolving in the face of a pandemic.
In addition to discussing how COVID is impacting the EB-5 market, the panel will address the latest guidance issued by the USCIS. "After years of asking for specific guidance on the further deployment of investment capital, USCIS surprised us all by releasing a Policy Manual update with unprecedented retroactive implications," said Drinkwater. "An estimated $12 Billion is projected to be redeployed over the next four years, and for many stakeholders, compliance will come at a heavy cost."
To RSVP and attend this webinar, please click here for more details or visit nesfinancial.com.
NES Financial's suite of EB-5 Solutions is designed to provide security and transparency to issuers and investors over the entire EB-5 process no matter what external influences may arise. Whether utilizing select products or the entire bundle, these solutions take care of the middle- and back-office administration so issuers can focus on project success and investors stay informed. As market leaders in the industry, more than 700 projects, representing over $20B in EB-5 capital have used NES Financial's EB-5 Solutions.
About NES Financial
NES Financial, a JTC Company (LON: JTC), 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 delivering 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 the EB-5 program, 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 JTC PLC
JTC PLC is an award-winning provider of fund, corporate and private client services to institutional and private clients. Founded in 1987, JTC PLC has more than 900 people working across its global office network and is trusted to administer more than $110 billion of client assets. The principle of true shared ownership for all employees is fundamental to their culture and aligns them completely with the best interests of their clients and other stakeholders.
JTC PLC fund services administer a wide variety of listed and unlisted funds across a diverse range of asset classes, including real estate, private equity, renewables, hedge, debt and other alternatives. The firm's corporate services provide company secretarial and administration services to a broad range of clients, including SMEs, public companies, multinationals and sovereign wealth funds. JTC PLC's private wealth services include the formation and administration of vehicles such as trusts, companies and partnerships on behalf of predominantly HNWIs and UHNWIs and their families and dedicated private and family offices.
SOURCE NES Financial
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