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Portfolio company Artivest has developed a partnership with EJF Capital, a global alternative asset management firm with $7.3 billion in AUM, focusing on regulatory event-driven investment themes. After the IRS has recently issued guidance on tax breaks for opportunity zone investors, Artivest had published a white paper outlining how to tap into the potential in this sector.
Asheel Shah, EJF's Head of Real Estate and Senior Managing Director, said, "By being an early first mover in opportunity zones, we have been able to close multiple investments and build a strong pipeline of future opportunities before many funds even launched." "At a time of growing demand for private illiquid alternatives among financial advisors and qualified high-net-worth investors, technology advancements are enabling greater access to both established and niche alternative categories," said Matt Osborne, Chief Investment Officer of Artivest. "We are proud to add EJF Capital to our steadily expanding platform serving financial advisors and qualified investors, growing in size and diversity with a range of alternative funds across sectors, stages and styles."
https://finance.yahoo.com/news/global-alternative-manager-ejf-capital-123800200.html
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