Opp Zone Capital Adds Opportunity Zone Advisory & Compliance Services Along with Third Party Fund Management & Advisory Services
The Executive Management Team will Provide a Full Suite of Financial Services to Opportunity Zone and Traditional Fund Management Clients
CLEARWATER, Fla., July 21, 2020 /PRNewswire-PRWeb/ -- Opp Zone Capital, LLC, a Delaware Limited Liability Company is adding Opportunity Zone Advisory & Compliance Services along with Third Party Fund Management & Advisory Services (OZ and traditional). The executive management team will provide a full suite of Financial Services to Opportunity Zone and Traditional Fund Management Clients.
Opp Zone Capital
Opp Zone Capital are Qualified Opportunity Zone Fund Managers and Consultants consisting of business professionals with backgrounds in real estate fund management, tax and audit, portable storage, franchising, hospitality, healthcare and financial services. With more than seventy-five collective years of experience across the foregoing verticals, OZC's team is well suited for Fund Management and a full suite of Advisory services embedded within the nuances of the Opportunity Zone program. OZC invests in projects across the hospitality, multi-family, and self-storage asset classes that lie within Opportunity Zone census tracts in tertiary and secondary markets that OZC's management team believes are stable and high-growth areas.These markets include Tampa and Ft. Myers in Florida, Houston and San Antonio in Texas, Los Angeles, California and Mesa, Arizona.
Opp Zone Capital is adding third-party fund management, advisory, and Opportunity Zone compliance services to its suite of offerings for Qualified Opportunity Funds and Qualified Opportunity Zone Businesses. The advisory team, led by Justin Nikolich and Crystal DiJoseph, will also service clients with traditional funds not focused on the Opportunity Zone incentive program. The services are targeted towards real estate developers, private equity funds, hedge funds, and those operating within Opportunity Zone census tracts nationwide.
"We saw a major gap in the Opportunity Zone space to provide access and services to anyone who wants to participate in the program. With our experienced team and our deep understanding of Opportunity Zones, it made sense," said Co-principal and COO Jeanine Warhurst Blake.
Opp Zone Capital Third Party Fund Management
OZC's team of experts will assist in developing fund and entity structure outlines, fund strategy implementation plans, asset allocation, service provider vetting and selection, operational oversight, investor reporting, cash management, custodial function management, project & fund level modeling, compliance, financial oversight, offering document review, ongoing financial planning & analysis, and due diligence.
Opp Zone Capital Financial Advisory Services
The suite of advisory services are designed to add value and include streamlining financial transactions, nuanced Opportunity Zone reporting & compliance, social impact measuring tools, financial modeling for opportunity zone impact, compliant deal structuring, and project management.
More traditional advisory services such as oversight of financial and non-financial operations, capital management, due diligence, financial & risk modeling, governance / compliance, mergers & acquisitions support, accounting & financial reporting, management reporting, operational controls, internal audit, and finance talent management will also be provided.
"We've already built out the team, infrastructure and platform to service our internal funds, so providing service to other fund managers, project sponsors, and others in the financial services sector was an easy pivot," Co-Principal and CIO Edmon Rakapi.
OPP ZONE CAPITAL – Financial Management Team
Justin Nikolich, CPA - Managing Director, Fund Management
Justin is a Managing Director of Fund Management for Opp Zone Capital, and is primarily responsible for finance and accounting oversight and development and execution of the long term strategic vision for the fund management services. In addition, he is responsible for working directly with Edmon and Jeanine on deal sourcing, investor relations, and providing value-added services to our development partners and external fund management clients.
Prior to assuming his role at Opp Zone Capital, he was the CFO for Katz Capital Management, a real estate focused private equity firm based out of Tampa, FL. While at Katz Capital he helped to grow the fund complex from $10MM in equity to almost $40MM in equity in 3 years. The genesis of Justin's extensive knowledge of the financial services and real estate industries came from his 8 year tenure at PricewaterhouseCoopers, where he was the leading audit manager for asset management in the Tampa office. While at PWC, Justin built an extensive fund management skill set around hedged funds, private equity funds, real estate funds and other financial services clients. This skill set includes valuation methodologies for traditional and exotic investment products, financial reporting, and financial analysis and modeling. Justin serves on several boards and committees including Onbikes, the advisory committee of A111, in addition to the investment committee of Katz Capital.
Justin earned his B.S. degree in Accounting from University of South Florida MUMA College of Business and M.S. degree in Accounting from the Lynn Pippenger School of Accountancy. Justin is a Certified Public Accountant registered in the State of Florida and professor of accounting at the USF.. He resides in Tampa, Florida with his wife Amber and their two children.
Crystal Dijoseph, CPA – Director, Fund Management
Crystal has laid a strong foundation of fund, real estate, and technology experience with a mix of public and private accounting and a focus on operational excellence. Crystal began her career at USAA as an investment advisor in their brokerage practice developing risk-adjusted portfolios for clients. She then joined PricewaterhouseCoopers in their Core Assurance practice where she focused on private equity, hedge and mutual funds and led the engagement for PWC's largest offshore FoF complex. She participated in PwC's national engagement quality review program where she reviewed national engagements for compliance with regulatory bodies. She also was heavily involved in PwC's innovation program and instructed nationwide engagement teams on how to implement technology to create efficiencies and increase accuracy.
In 2018, Crystal joined InvestRes (formerly Avesta) in the multi-family real estate world where she served as Controller. InvestRes managed over $1.5B in AUM, acquired over 17,000 doors and have consistently beat the Preqin Top Quartile in returns. Crystal was responsible for fund and deal reporting, tracking and calculation of performance, budgeting, updating of models, compliance, investor relations, capital account tracking and monthly close processes.
Crystal now serves as a Director for the Opp Zone team in their Fund Management division where she is instrumental in finance and accounting oversight, managing client accounts and the long-term growth of the advisory practice.
Crystal earned her B.S. degree in Accounting from University of South Florida MUMA College of Business and M.S. degree in Accounting from the Lynn Pippenger School of Accountancy. Crystal is a Certified Public Accountant registered in the State of Florida. She resides in Tampa, FL with her husband Dominic and their two children.
For more information about Opp Zone Capital please visit or email:
Opp Zone Capital, LLC
http://www.OppZone-Capital.com
[email protected]
SOURCE Opp Zone Capital
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