Benjamin Seigel, Baltimore Opportunity Zones Coordinator, Baltimore Development Corporation, USA (Mr Benjaminn Seigel is responsible for positioning the City to take full advantage of the new incentives to increase investment in Baltimore’s Opportunity Zones. Mr Benjamin Seigel will provide latest update on investment opportunity in OZF market. The Opportunity Zone Funds (OZFs) is an exciting new private sector investment program that is fast taking shape. Opportunity Zones provide another alternative to allocate a portion of portfolio to place-specific impact investments as well as implicitly promotes a longer-term investment perspective with unprecedented tax benefits to investors willing to commit capital for at least a decade. With more than 8,700 Opportunity Zones designated across the US, and over US$100 billion of investment in areas designated as Qualified Opportunity Zones, Baltimore’s Opportunity Zones certainly provides an attractive investment for Family Offices outside the US). |