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JMP OppZone Services Launches First Opportunity Zone Administration Platform for Investors and Project Sponsors

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Timely and Significant Support Services Facilitates Opportunity Zone
Investments

CHICAGO–(BUSINESS WIRE)–lt;a href=”https://twitter.com/hashtag/FundServices?src=hash” target=”_blank”gt;#FundServiceslt;/agt;–JMP
OppZone Services
(JMP), a dedicated business focused exclusively on
financial and administrative support related to Opportunity Zone (OZ)
investing, today announced the launch of an industry-first
administrative platform for OZ investors, project sponsors and
entrepreneurs. The shared services platform delivers due diligence,
consulting, business support services, administration services, and
investor compliance for tax regulation to facilitate meaningful,
impactful investments in designated Opportunity Zones.

“Despite the significant tax benefits derived from OZ investing,
navigating the regulations, creating workable investment structures and
dealing with the investment timing requirements can be challenging.
JMP’s primary goal is to create efficiency, transparency, and
scalability for OZ
investors
and sponsors
looking to capitalize on the new law. Our unique shared services model
provides a platform for investors to create multi-year investments,
multi-asset portfolios and, for sponsors, to efficiently pool capital
while simultaneously reducing operational and compliance risk,” said Samuel
S. Weiser
, founder and CEO of JMP OppZone Services.

Participation in the platform paves the way for investors to engage and
make direct investments across multiple Opportunity Zones. JMP will
focus on investment projects nationwide, moving beyond projects
proximate to major urban centers that are currently garnering the
attention of large asset managers. Additionally, JMP is structured to
facilitate impact investing supporting client sponsored projects through
mechanisms to solicit co-investment from like-minded investors.

“JMP offers a flexible, Qualified Opportunity Zone business structure
enabling investors to comply with the law, including the ability to take
up to 30 months to identify suitable OZ investments that meet their
specific investment objectives and strategy. Our platform is unique as
it provides investors with options including self-directing their OZ
investments, investing jointly with other families and individuals, and
seeking co-investors for their sponsored OZ projects. For project
sponsors and entrepreneurs, our platform raises the visibility of their
investment opportunity to a wide audience of potential investors through
our platform as well as our strategic partner’s platforms,” said Mr.
Weiser.

About JMP OppZone Services

JMP OppZone Services is a dedicated fund services group providing
bespoke fund services for investors and project sponsors to support
investments in Qualified Opportunity Zone Businesses (“QOZB”) and
Qualified Opportunity Zone Projects (“QOZP”). JMP operates as a QOZB and
operates JMP OppZone Investments Series LLC, a QOZB whose business is
facilitating investments in OZ businesses and projects. JMP provides
specialized, Opportunity Zone specific, back office, compliance and
reporting services in support of individuals and entities committed to
making impactful Opportunity Zone investments and those developing and
operating in Opportunity Zones. For more information: www.jmpoppzoneservices.com

Contacts

Press:
Rosalia Scampoli
LJOPR
212-404-2395
rscampoli@ljopr.com

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