Compliance & Asset Management for Opportunity Zone Funds

Maintaining compliance isn’t just about checking boxes-it’s about preserving investor confidence, protecting
tax benefits, and demonstrating fiduciary responsibility. Our services go beyond reporting-we help you build a
culture of disciplined execution and transparency.

We help sponsors and fund managers create tailored Asset Management Best Practices Manuals that
include:
– Internal controls and fund governance protocols
– Compliance tracking frameworks
– Investor communication standards
– Valuation methodologies and documentation processes

We perform semi-annual Agreed-Upon Procedures (AUPs) to validate:
– Adherence to the 90% Qualified Opportunity Zone Property test
– Proper classification of cash, working capital, and QOZB investments
– Risk flags and timing gaps that may jeopardize compliance
Our reports are CPA-ready and designed to stand up to IRS scrutiny.

For direct and indirect QOZB investments, we conduct periodic AUPs to ensure:
– The 70% tangible property test is met
– Gross income and active conduct thresholds are properly documented
– Working capital plans qualify for the 31-month safe harbor
– Ownership and related-party transactions align with §1400Z-2(d) rules

* Avoid IRS penalties and tax disqualification
* Reduce operational blind spots
* Create investor-grade transparency
* Strengthen long-term exit strategy viability

Let’s talk about how we can help implement a strong back-office compliance function that keeps your fund
aligned and audit-ready.