All Rights Reserved
New Jersey Community Capital
NEW Jersey Economic Development Authority
Novogradac & Company, LLP
Association for Corporate Growth
New Jersey Business & Industry Association
ELLAVOZ co-invests with other Opportunity Fund managers when projects reflect our shared values of:
Our ELLAVOZ Impact Angel Network has a continuing need for quality OZ projects ready for investment. In addition, we have an extensive pipeline of new deals in progress which we can invite participation of other OZ fund managers. Co-investing can reduce risk and get larger projects financed sooner.
Contact Robert H. Hutchins, (908) 330-2029 if you are interested in discussing co-investing.
Ellavoz Impact Angels represent high net worth individuals, business entities and family offices who believe innovative opportunity fund investing in underserved communities will result in desirable financial and social impact returns on their investment. The collective experience, resources and character of our Impact Angel investors will change lives, build communities and leave a personal legacy for future generations.
To create a network of accredited Ellavoz Impact Angel investors who embrace the “shared values” concept and provide them with access to the tax benefits of Opportunity Fund investing in Opportunity Zone communities and entrepreneurs. We will maintain a prudent investment policy that seeks both reasonable tangible returns on investment and positive community impact.
The Tax Cuts and Jobs Act of 2017 created the most significant tax reduction incentives in generation. This new investment vehicle for directing private sector capital into economically distressed communities known as “Qualified Opportunity Zones” and provides an attractive alternative investment asset class.
We are about unleashing the power of capitalism to make a positive impact. We bring together great projects with social impact investors. Our investment philosophy of shared values results in both tangible and intangible returns on the investment:
To build-up to full potential the undervalued communities with resources and experience of the private sector for the shared benefit of all. We believe this decade will see significant upside value in Opportunity Zones. Our strategic partnership with New Jersey Community Capital will provide Impact Angel investors with deal flow for Opportunity Zone projects that are socially impactful, lower than market cost of capital and subject to professional due diligence.
In addition to the direct reimbursement of out of pocket costs for professional fees, etc., the Qualified Opportunity Funds pay an annual fund management fee not in excess of 2%. We do not charge the real estate private equity industry standard carried interest of up to 30% of the profit upon sale of the deal. That would not be in accordance with our philosophy of investing side by side with our ELLAVOZ Impact Angel Network. We will however charge an Exit Fee of 2% which is commensurate with the additional time and resources to complete the investment exit transaction.