Press Release

Take a look into a collection of press releases about NES Financial

Sixty West Funds Chooses NES Financial to Administer ‘Old Fourth Ward’ Opportunity Fund

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Sixty West Funds — a Missouri-based firm with a development pipeline exceeding $850 million in Qualified Opportunity Zone projects. The tax incentives associated with the Opportunity Zones (OZ) program are designed to encourage long-term investment into [...]

NES Financial Recognized on San Francisco Business Times’ 2019 Greater Bay Area Fintech List

NES Financial, a Silicon Valley fintech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced its debut on the annual Greater Bay Area fintech companies list. “Being named to the San Francisco Business Times’ Greater Bay Area FinTech list is a great honor and demonstrates NES Financial’s commitment [...]

NES Financial Extends Market Leadership with its Opportunity Zone Fund Administration Platform

NES Financial, a Silicon Valley FinTech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, announced today that it has contracted to provide its 30th Opportunity Zone client with its purpose-built Opportunity Zone Fund Administration Suite. “With our Silicon Valley DNA and Big-Four accounting sensibilities, we continue to develop our [...]

NES Financial to Administer Funds for Entertainment Venues in Opportunity Zones Across the Country

Specialty financial administrator NES Financial announced today that it has contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Hotbed Entertainment Group, which includes key players behind Blue Man Group and other now-iconic stage productions, as they develop new music and theater venues in New Orleans and three other cities in the U.S. [...]

investUS Chooses NES Financial to Administer $100 Million Opportunity Fund

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to investUS — a New Mexico­–based Opportunity Fund that plans to deploy $100 million into real estate and business projects in Opportunity Zones (OZs) around the country. investUS’s management says it takes a “triple bottom line” investment [...]

NES Financial Awarded IIUSA “U.S. Champion” Award for Commitment to EB-5 and Job Growth

NES Financial, a Silicon Valley FinTech company providing technology-enabled solutions for the efficient back- and middle-office administration of complex financial transactions, was presented with the U.S. Champion Award at the 2019 IIUSA EB-5 Advocacy Conference in Washington, D.C. "IIUSA is proud to recognize NES Financial, and all other members who were honored at this year's [...]

Urban Catalyst Chooses NES Financial to Administer First San Jose Opportunity Zone Development

NES Financial announced today that it has been contracted to provide its purpose-built Opportunity Zone Fund Administration Suite to Urban Catalyst — a San Jose–based Opportunity Fund that plans to develop a 65,000-square-foot mixed-use space within one of the city’s Opportunity Zones as their first project. They also have five additional projects in their Opportunity [...]

Kevin Walkup Joins NES Financial as COO and President of DataOps Division

NES Financial is proud to announce the appointment of Kevin Walkup as Chief Operating Officer and President of its DataOps division. “Kevin is going to elevate NES Financial’s award-winning technology to the next level,” said Michael Halloran, Chairman and CEO of NES Financial. “He is an innovative and strong tech executive with a proven track [...]

2019-05-22T08:54:16+00:00May 21st, 2019|Categories: BLOG, Press Release|Tags: , , , |

NES Financial’s Private Equity Fund Administration Selected by FrontFour Real Ventures for Nashville Real Estate Fund

NES Financial announced today that it has been selected by FrontFour Real Ventures LLC as the third-party administrator for the firm’s Nashville-based real estate private equity fund. FrontFour’s investment strategy is to develop condominium and mixed-use real estate projects with a particular focus on areas with high walkability scores, strong demographic trends and general affordability. [...]

PNJ5 Chooses NES Financial EB-5 Solution Suite for Sacramento Hyatt Development

Bay Area development firm PNJ5 has selected NES Financial’s suite of EB-5 solutions for the new Hyatt Centric hotel project in Sacramento, California. PNJ5 will utilize NES Financial’s EB-5 Process, and Accounting Administration Suites, which are designed to help issuers raise and deploy EB-5 capital more quickly, while minimizing risk and streamlining project efficiency. The [...]

2019-04-23T17:13:26+00:00April 23rd, 2019|Categories: EB-5, Press Release|Tags: , , , , |