Earlier this month, NES Financial launched a first-of-its-kind EB-5 Redeployment Marketplace in collaboration with Capital United and Greystone. Following this, it has been confirmed today that PARTICIPANT Capital has contracted with the EB-5 Redeployment Marketplace to offer an EB-5 Redeployment Fund for NCEs that are required to redeploy capital.
As wait times for Chinese-born EB-5 investors surpass the average length of EB-5 development projects, the need for NCEs to “redeploy” EB-5 investment capital into secondary projects (to maintain the required “at risk” status of the funds) has become a challenging industry reality, and one that can dramatically increase investor risk.
“EB-5 Investors that have already met the job-creation requirements of the program deserve to have their capital redeployed in a way that is consistent with their objectives,” said Daniel Kodsi, CEO of PARTICIPANT Capital. “Now, with the launch of our PARTICIPANT Capital fund onto the EB-5 Redeployment Marketplace, we’ve introduced more flexibility for compliant redeployment options for NCEs.”
“Redeployment needs have challenged stakeholders throughout the EB-5 industry,” said Reid Thomas, Executive Vice President and General Manager of EB-5 at NES Financial. “In particular, NCEs often struggle to identify secure, risk-appropriate investment options with adequate liquidity, and which also avoid any potential conflict of interest with EB-5 investors. By utilizing the EB-5 Redeployment Marketplace, NCEs are better positioned to satisfy their fiduciary obligation to investors.”
Read the full press release by clicking here.
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