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 solution to provide both institutional-grade fund administration and workflow specific to the unique requirements of the Opportunity Zone program,” said Michael Halloran, CEO at NES Financial. “The Opportunity Zone program is a win-win for everyone across the United States, especially the local distressed communities and investors wanting to make a significant social impact for good.”
NES Financial works with clients invested in creating positive economic impact throughout the country, including Griffin Capital in Southern California, Sixty West in Atlanta, and Urban Catalyst in Silicon Valley.
“We will look back ten years from today and inevitably conclude the tax legislation creating Qualified Opportunity Fund investments led to unprecedented transformation of low income communities and generated significant investor wealth in the process,” said Kevin Shields, Chairman and CEO of Griffin Capital Company.
Read the full press release about the 30th Opportunity Zone Client by clicking here.
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